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


To: John Ritter who wrote (7622)12/16/1997 7:25:00 PM
From: Frank Chen  Read Replies (3) | Respond to of 13565
 
I got this from www.aurex.com. It's a neural network, which has pretty good track record for technical analysis on stocks. The data is from yesterday, the 10 day projection for the stock is 15. Please take the point that today's price is even lower than the 19/sh price used in the calculation on 12-15-97. This projection by computer does show the relative strength for the stock is very weak.

Good luck!

Frank

ATMEL CORPORATION This security has had a good price appreciation today, with a positive return of 3.01 %. The
stock risk component of this security is rated-2.4801 which is bearish. It has been underperforming the overall market for
the past 20 weeks. This security has a market risk rating of 1.1627 . This value is characteristic of defensive or slow
moving securities when compared to the overall markets. This security has a negative Return/Risk ratio of -40.3514. The
weekly expected return or stock risk component based on the past 20 weeks is-2.4801.The Return/Risk ratio is very poor
by our standards and is either caused by a high negative stock risk rating or high volatility. Beware of negative performance
for this security. Prices are below 20 day moving average value. Usually when investors are willing to pay less than the
average price, the sentiment is bearish and supply exceeds demand. Beware of possible future negative returns. Based on the
past 20 days the expected 10 day return calculated by the Aurex Neural Technology is-21.5792 % and low by standard.
Beware of future negative performance for this security. Based on the previous 20 days this security has an excellent
downward trend with small volatility and good market behavior. The overall outlook for this stock is very poor with a rank
of -133. Take a defensive approach.