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: Nick who wrote (8021)	3/19/1998 7:15:00 PM
From: turbi	Read Replies (1) of 13565

Hi Nick -- sorry for the delay but I went to Portland and the coast for little vacation. It seems I can't leave town without Atmel sliding lower. Now it's in the 14s. Frankly, I don't know if new acquisitions, its new factory, or anything else it does will help in the short term. Long term, I see a good future for this company: it keeps developing new and better products and, despite some of the gloom on this thread while I was gone, I see Atmel either being bought or turning its earnings around over the next year. Short term it's searching for its low; hence, the move back into the 14s (and maybe lower?). It will take something dramatic to turn its direction quickly. Otherwise, it will build a base, and move up from there. Thread entries after yours indicate other folks' thoughts on how low it could go; I HOPE it doesn't go to 4 or even 8, but when the market decides to collapse, Atmel could join in. You and I seem both to be long-termers. I just hope it isn't that long a term. Cheers/t

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