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

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To: GCRym who wrote (33)3/10/1997 12:03:00 AM
From: Dennis G.   of 195
 
GC, I'm thinking of buying more also. If you can afford to hold for a year
or more I think you will be rewarded. The big question is when to buy. If
you're really unsure than the best move would probably be to buy more
in pieces. I think 24 is a very strong support level for this stock and 20
is possible but not very probable. This week should tell the tale. The
bargain hunters should move in soon and the shorters will probably
start covering. In fact I think it's 50-50 that Friday's low at the open will
be the low. Watch the action tomorrow. If Atmel holds 26, I would view
that as very positive. If not, then it will likely fall to at least 24. In short,
I don't have the vaguest idea but that's what makes the market so
interesting!
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