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

To: turbi who wrote (7847)1/16/1998 5:22:00 PM
From: Chris  Respond to of 13565
 
Number of Funds holding ATML

Turbi, the Tuesday issue of IBD lists 145 funds owning ATML with the number showing an increase. However, I remember over 160+ funds owning it last Spring. It looks like a few funds may be picking ATML up as bargain again according to the indicator in IBD.

I, too, think ATML is in for a very rough ride this year. It has never really recovered since the bad news a few quarters ago. We all had high hopes that by 3 & 4th quarter ATML would turn things around. Unfortunately, the Asian situation has made that all but impossible at this juncture.

Chris



To: turbi who wrote (7847)1/16/1998 5:53:00 PM
From: Kiriakos Georgiou  Read Replies (1) | Respond to of 13565
 
No, you are not alone. It can go to the low teens. Of course I have been wrong before.

-KG



To: turbi who wrote (7847)1/18/1998 6:18:00 PM
From: Doug  Read Replies (1) | Respond to of 13565
 
Turbi/Low.
Sales & earnings growth are likely to be -ve for 2 more Q's. The probability that the current level can hold is low. The trading during a market Sell off might give you some clues.


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