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Technology Stocks : Atmel - the trend is about to change
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: Frank Chen who wrote (7563)12/12/1997 5:42:00 PM
From: John Ritter  Read Replies (1) of 13565
 
What happens if they make earnings?!

Stranger things could happen, but yes, there is risk here in this market with any unknown. Everybody doesn't miss earnings, if the stock drops as your doom and gloom forecast suggests ATML is no longer the growth stock that it has been and all the puts and calls won't be worth as much as a plan old SHORT. However, this has been a tough week for all in the tech, Monday seems like another world now, and maybe, just maybe, next Monday will be the same as last Monday.
Remember this stock was 37 not that long ago, I don't believe the company is worth 3/4 less in a few short months. Doom and gloom doesn't help, what if we sell and it goes to 24!?
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