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Technology Stocks : ATMEL - w/o MB
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: JakeStraw who wrote (175)10/29/1996 12:33:00 PM
From: Kevin R. Ballou   of 200
 
Money magazine says "Buy ATML." Virtually all analysts covering the stock say "Buy ATML." Nearly everyone here says "Buy ATML." Fundamental analysis screams "Buy a ton of ATML." So who the heck is doing all this selling? In my mind, it has to be the mutual funds. But why? Sure, the company's growth may well slow from the >60% level we have been seeing, but the stock isn't price with a PE typical of companies growing that fast. The insider buying is comforting, but the 14 million share short interest indicates to me that something big is going to happen here. Sure wish I had a crystal ball.

KRB (long, but constantly nervous)
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