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Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (9946)	6/17/1999 2:19:00 PM
From: Hepps	Read Replies (2) \| Respond to of 13565

I haven't left, only stepped out until the picture is more clear. Yes, XLNX has a high PE, but then their future growth prospects merit it. If you want to talk high PE's look at RMBS, PE of 293, Yes, I'm in it, not big, but if they go from .30 earnings to 8.00 in 2001, I think it'll pay off. ( I skipped a trip to Vegas this year and bet on RMBS) this isn't what I would call a sure thing. In retrospect, I was way overweight ATML, as every time it dropped 6 points, I bought more. I should have just re-weighted my position and stood back to see what came out in the end. If I loose a few points waiting for the picture to clear up, so be it, but the last move from 48 to 6 cured me of any emotional attachment that i had to a stock. Good luck to all