Atmel - the trend is about to change Message Board

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Technology Stocks : Atmel - the trend is about to change

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: hpeace who wrote (7476)	12/4/1997 2:22:00 AM
From: Vikas	Read Replies (1) of 13565

A 50,000-share block was traded at 1:06PM (pacific time) today at 20. A mutual fund, no doubt...any guesses as to whether funds are buying or selling at this point? My guess: it was probably DMG picking up cheap shares which they themselves caused with the news they came out with last week. Remember that analysts who have buy recommendations on stocks they follow make more money if they buy their "recommended" stocks at lower prices. Similarly, they love to drive prices up and sell out when the small investors are buying in. I think these analysts have mastered the game with Atmel (heck, maybe the thing to do is let these guys manage some of our money...). Vikas

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