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

To: Ian@SI who wrote (11900)	10/20/2000 12:22:48 PM
From: Bosco	Read Replies (1) \| Respond to of 13565

Hi Ian - you sez "Or was ATML supposed to gap up from 12 to 60 in a single trade?" I ve no problem with that, do you <VBG>? Seriously, I was all tapped out by the time ATML bottomed out in sympathy with the general mkt, and I agree, the stock will take some effort to repair the technical damage, but I am confident that people will see how bright her business outlook. I couldn't care less if the traders waiting for the mutual managers to decide. I prefer the latter to take their time to commit themselves. Once they decide to commit a position, they don't nickel and dime, and the breakout will be swift and likely to catch people off guard. Since I am not a trader and I don't have the trader's tools, like Level II etc etc, I take my stand and wait for the fund mgrs to bite --- and when they bite, the traders will follow! best, Bosco

To: Ian@SI who wrote (11900)	10/20/2000 1:02:45 PM
From: edamo	Read Replies (1) \| Respond to of 13565

ian..."two days ago" actually dipped below 11 for a brief while... some of us (you included) know that "real" companies, don't gap as no profit companies do.....takes the fun out of speculation if a company has $1bil cash in its coffers!!!! better to lay the bets down on tern or elon!!!! good luck...may atml offer half the returns over the next five years that prior "real" companies did over the past five years....until the fundamentals change it's a "keeper", the volume and price action proves it's not daytrader interest..... ed a.

To: Ian@SI who wrote (11900)	10/20/2000 6:08:37 PM
From: Jerome	Respond to of 13565

>> some investors might be mathematically challenged<< You got that right. And to make matters more difficult they buy the most unusual long shot options.But then again option traders don't usually try to do things the easy way. FWIW the Nov.18 3/4's are 3/4 x1. If a call out takes place this is a very nice return. Jerome