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


To: jerryrom who wrote (7755)1/7/1998 10:15:00 AM
From: Daniel P. Dwyer  Respond to of 13565
 
That downgrade is like closing the proverbial barn door.
Dan Dwyer



To: jerryrom who wrote (7755)1/7/1998 10:50:00 AM
From: Giuseppe Scalamogna  Respond to of 13565
 
Downgrade is certainly the keyword but what is more interesting about this is that this particular Paine Webber analyst has been bullish on the stock for at least 2 years. I think he may have missed the boat with a downgrade here although things could continue to get worse. The stock was way oversold as is and the fundementals would have to deteriorate some more before we see a move into the lower teens. Keep in mind though that he still finds the stock "attractive". Many people may have a hard time buying that.

GS