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

To: hpeace who wrote (7476)	12/4/1997 2:10:00 AM
From: Vikas	Read Replies (1) \| Respond to of 13565

Steve, By your previous post, are you saying that Atmel has probably done a better job about the dollar/yen problem, which hurt them in the past? As a side note, do you remember last year's annual report... specifically the section stating the profit game Atmel played using options. When the stock took its annual dive down to the low 20s, the company sold long-term PUTs and bought long-term CALLs. By doing this, they probably pocketed a nice sum of cash when the stock soared later in the year. For those of you who didn't see this, just open up your copy of the annual report and read on...if the future is on target, they may be doing the same right now. Vikas

To: hpeace who wrote (7476)	12/4/1997 2:22:00 AM
From: Vikas	Read Replies (1) \| Respond to of 13565

A 50,000-share block was traded at 1:06PM (pacific time) today at 20. A mutual fund, no doubt...any guesses as to whether funds are buying or selling at this point? My guess: it was probably DMG picking up cheap shares which they themselves caused with the news they came out with last week. Remember that analysts who have buy recommendations on stocks they follow make more money if they buy their "recommended" stocks at lower prices. Similarly, they love to drive prices up and sell out when the small investors are buying in. I think these analysts have mastered the game with Atmel (heck, maybe the thing to do is let these guys manage some of our money...). Vikas