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: Vikas who wrote (8085)	3/26/1998 11:54:00 AM
From: Frank Chen	Read Replies (1) of 13565

I would say a CC strategy is bad. Holding stock is just risky in this situation. The best strategy for this stock right now is probably a bullish call spread, if you believe that the bottom is at 14. One uncertainty is how they're going to treat the recent acquisition, I believe the revenue will be flat, that means the earning won't be too bad if the acquisition isn't written off this Q. FWIW

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