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: Michael Sphar who wrote (9828)	5/18/1999 3:41:00 PM
From: turbi	Read Replies (1) of 13565

Thanks for the analysis. Obviously I see Atmel breaking through the 22-23+ resistance level soon, if the stock is to get to my 30 by 2Q earnings report. I'm even encouraged by the chart movement over the last year. The big explosions up recently have been on very heavy volume. Technically, we may need to do some more consolidating, but I don't believe that we will. Fundamentally, the bottom line in my thinking is...the bottom line: Atmel's earnings have disappointed often enough that a really big move upward will depend on earnings coming through. And I think it's going to happen. But wdik. I thought my Yankees wouldn't lose five straight. Cheers/t

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