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: Mario who wrote (9714)	4/23/1999 11:42:00 AM
From: turbi	Read Replies (1) of 13565

Hi Mario and rest of thread -- so I go out of town one day and all hell breaks loose. Swell. Mario -- I agree completely that this is going to be a fun time with very high volume. We're already up there with well over 3 million shares. Has anyone else noticed, however, that Standard and Poor's listing of earnings includes DEFICIT of $.12 after nonrecurring charge? That's their bottom line on Q1 earnings. That's quite possibly why we have today's heavy selloff (and it's getting heavier even as I write). But I see this selloff as temporary, and I believe Atmel will resume its upward trend -- hence, the upgrades out there (the effect of firms' believing the price will rise, not the cause of that rise). 30 by July report, 40 some time this year no longer looks quite so out of line. We may be looking at the last great buying opportunity right now. Cheers/t

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