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


To: blueice26 who wrote (13155)9/25/2003 11:36:18 AM
From: im a survivor  Read Replies (2) | Respond to of 13565
 
I don't know. I almost sold half my position above $5. But didnt, as I felt if we could hold $5, we could probably revisit $10 by year end. But now we are dropping like a rock, even on up days, ATML still is heading down. I have a very low average cost and could see right now for a very nice profit, and frankly, I don't know what to do either. I still think she is undervalued as compared with her peers, but it doesn't really matter what I think..it matters what the street thinks and what the stock is doing and it is no longer acting like a stock with any momentum behind it. Down on down days, down on up days. Not pretty and I missed out on a large amount of profit from $5 to current level.

Still holding for now, but beginning to worry that she has given all she has.

Anybody else with an opinion?