ATML's future Message Board

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Technology Stocks : ATML's future

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: TEColeman who wrote (4)	3/7/1997 10:50:00 AM
From: Chris	of 195

TEC Guess you heard the news about ATML being off by 10% from 4th quarter. I was somewhat surprised by the over-reaction, but I guess that's the way it goes in technicals (way too many funds own it) The reason for the decline is the value of the YEN against the dollar (read on this board yesterday). If that is true wouldn't this just be a temporary decline, having really nothing to do with ATML's ability as a company? According to company hype, they have made a profit every year since they started business (10+ years ago?) It really is ironic to watch a great company go down the tubes when the rest of the market is ralleying on lukewarm news about employment. Heard the technicals are making a comeback on Merrill Lynch recommendation. Wonder what they said about ATML? Am seriously considering buying more at the current low of 26. How about you?

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