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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: Mark Sanders who wrote (7651)12/18/1997 9:28:00 AM
From: Mike Harkness  Read Replies (5) of 13565
 
Mark, ATML's chart is not the only reason I shorted. It is a weak technology play along with a weak market play. If I thought the overall market envirionment was positive, I would not have shorted it. This is only a short term forecast. I most likely will be long gone by this summer. Yes, In 1995 ATML did drop below 20. However, ATML has not made any material progress in 2 years with a GREAT market environment to hold it up. This is why I think the stock will fall with a weak market. Don't feel sorry for me.

Mike
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