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

To: Jim Lou who wrote (7990)	3/6/1998 12:21:00 PM
From: Frank Chen	Read Replies (1) \| Respond to of 13565

Jim, They only bought back 1M out of 100M shares so far, that is only going to increase eps by 1%. It's a desperate measure by the management. BTW, the insiders did sell at the $23 range recently, which told me several months ago that the 10-15 range is quite likely. I should've shorted the stock then. However, I feel it's close to bottom now. We'll see whether that's true within one month's time. I'm done with my posts, I'll check back into this thread until the preannouncement or earning release is out. Frank