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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 (9626)4/14/1999 6:27:00 PM
From: Mario  Read Replies (2) of 13565
 
You know it is just our luck, Atmel was smoking earlier today when the Nasdaq was around +6 pts. As the Nasdaq turned south so did Atmel, you know we can't get a break. When the Nasdaq is up big time Atmel usually doesn't participate. I attribute this to the large tech stocks soaking up the gravy and the second tier stocks don't get much volume or price appreciation. It is funny because it seems like on days like that, either 1-3 days later, Atmel has a good pop like we didn't forget about you. Oh well glad it broke the so called 19 1/4 resistance. Alright Michael you should be happy here; what is next resistance point or do we back fill? Turbi, 30 by July and 40 at the end of year, stick by it were pulling for you!!

Mario

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