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Technology Stocks : Atmel - the trend is about to change
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: Louis XIX who wrote (8758)8/18/1998 10:02:00 PM
From: thomas hayden  Read Replies (1) of 13565
 
The CFO is sending a real nice message. Last week he sold 13,000 and this week he filed to sell 10,000 more. Isn't that real nice that one of the leaders of the company would be selling at a 52-week low. What kind of an idiot would sell at these depressed levels, unless I look in the mirror and see the dope himself. I can't believe I am buying a stock and the CFO of the company is the one selling it to me. Will someone just go ahead and shoot me now. This is misery times 10.

Technical Perspective of ATML -

The stock is showing a classic example of a bend over and grab your ankles formation on the charts. Point and Figure says get the vasoline ready.
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