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Strategies & Market Trends : ROLLING STOCK STRATEGY

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To: Chandler H. Everett who wrote (3)10/27/1996 4:58:00 PM
From: donald sew   of 33
 
Chandler

Please, I really would like your feedback on ATML's fundamentals. I took a look at the ATML string, and it appears optimistic.

If my chartwork is accurate, we have till the end of November, latest 1st week in December to get ATML. Meaning, it should stay down in the mid 20's until then. From my suspicions, we should then give it one month to run up prior to earnings announcement for 4th Q in the 2nd week of January. If market and ATML permitting, we may see 30 and a little more, maximum 35, by numbers announcement.

For your information, I also charted the Nasdaq, and it appears, but not as convincing, that the NASDAQ may be permitting for most of December. The last week of December looks tough, though.

thanks
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