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


To: jerryrom who wrote (7637)12/17/1997 2:29:00 AM
From: Mark Sanders  Read Replies (1) | Respond to of 13565
 
J.R.,

Yes, Japan is up 3.48% today, but this rise is AFTER the current
session on Wall Street. We don't know what this will lead to
tomorrow. The two recent downgrades are the reason that Atmel is
down so much. We probably need to wait until a good earnings
report to see the annual drastic rise, which is typical of this
stock (just like the current decline). We may need to wait 9 to
12 months for the 40s again...then again, Atmel usually does the
exact opposite of what you expect.

Mark