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: William Grady who wrote (8728)	8/5/1998 6:42:00 PM
From: turbi	Read Replies (1) of 13565

Once again, however, these positive items came out before the market opened and Atmel still declined. Eventually the price may reflect all the positive news items... but not until the buying public believes earnings will actually turn around. Right now (again) there have been so many consecutive earnings disappointments for Atmel that buying has all but dried up, as the light volume attests. Some day all these positives may help move the price up, but only if these good developments translate into profits. In the meantime, this slow bleeding of the stock price is painful. Mightn't it feel better just to have a blowout and then move up? But there doesn't seem to be any great selling pressure either. Just a slow slippery descent into.... Cheers/t

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