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

To: William Grady who wrote (7778)1/7/1998 8:17:00 PM
From: Glenn Omura  Respond to of 13565
 
William, the technicals on ATML are all mediocre. On this basis, I don't give it much chance of breaking out of the 17 area in the near term unless the entire market gets fired up. BTW, XLNX is beginning to look interesting again. Glenn



To: William Grady who wrote (7778)1/7/1998 9:10:00 PM
From: john dodson  Read Replies (1) | Respond to of 13565
 
I would be surprised to see a drop below $15; ATML finished up strongly in the last half hour of trading; I'll stay with $15 as the bottom.

That is ... unless of course the grandDaddy of all semiconductors reports weakness or anticipated weakness next week. I'm talking about INTC. If INTC disappoints, watch out!

In that case, my bet is for ATML @ $12 and dropping!!!

-John Dodson


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