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Technology Stocks : ATML's future
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: tjd60 who wrote (2)3/6/1997 2:53:00 PM
From: Chris   of 195
 
TJD

I am in exactly the same position as you. Nice to know my research parallels the professionals. Too bad we were both off in our timing.

I have been looking at historical volume charts. Its not too often that the sell volume exceeds 8000. Today it is. This could be really bad, or it could signal the end of downward trend. Who knows? I haven't been doing this very long, but I do know that techs are very volatile. Would love to get in at bottom and watch the buy volume exceed 8000 a few weeks after my buy. If you look at some of the other technical stocks they are doing the exact same thing as ATML. I too am thinking about buying additional shares in the company although I read that averaging down is not a good winning technique. The problem is knowing when to buy additional shares? Will it have to break new 2 year lows like COMS or CSCO before coming back? Still haven't heard any specific comments on ATML as a company.

Good luck. Its nice to have someone to commiserate with on a downward trend.
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