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: turbi who wrote (8092)	3/30/1998 5:34:00 PM
From: turbi	Read Replies (1) of 13565

wow. Volume has just about dried up, and I can't quite tell in which direction we're going to break out. I'd like to think we'll break out on the upside, especially since Atmel's tested its recent low three times, including last week's 13 3/4 (officially a 52 week low, but it had hit the 13+ range in after-market trading previously). I'm very surprised that the news in #8093 had no effect at all. Right now no one wants to buy Atmel, and so far at least it looks as if all the potential sellers have indeed sold, so I guess everyone (anyone??) is waiting for earnings announcement or preannouncement. Let's hope there's some good news on that front. Cheers/t

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