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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: turbi who wrote (9583)4/6/1999 5:26:00 PM
From: turbi  Read Replies (3) of 13565
 
Hi -- On April 1 I indicated that if Atmel moved up on more than 5 million shares, we'd have something to talk about. Today it moved up strongly on more than 6 1/4 million shares. The ONLY possible negative is that it couldn't hold above 19 1/4 (though its high was above that figure). It appears that "the market" (I hate personifying that abstraction) thinks good news is forthcoming with 2Q earnings. I'm still holding to >30 by July earnings report and >40 sometime this year. I hope that's conservative. A couple of months ago it wasn't. Let's all get together and push this hummer up. Cheers/t
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