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: John Ritter who wrote (7551)	12/11/1997 11:53:00 AM
From: Daniel P. Dwyer	Read Replies (2) of 13565

This stock, it seems, does not have any support in this market. When stocks of this quality get taken down this much, it is said to be in a free fall, which by definition do not offer any support levels. It seemed to me that $20.00 was a bargain price for this stock. However, this market can take it down to $7 or $8. If Korea collapses and finally admits that they are $300 billion in the hole and not $50 billion, then $7 or $8 may seem pricey. This is a dangerous market and one trades at one's peril. We have not seen a market like this in decades for its potential catastrophe. MHO. Dan Dwyer

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