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

To: Nick who wrote (8013)	3/13/1998 10:46:00 AM
From: turbi	Read Replies (1) \| Respond to of 13565

Hi Nick -- I don't see this most recent move as very significant. If it is a gap, it isn't much of one (a quarter of a point). Remember that it traded nearly twelve million shares on January 7 when it dropped two points, and that was still two points higher than where it is today. And it had gapped down nearly two points on that day. I believe that, until it announces or preannounces some good earnings or buyout, or the "whisper" on the street is something good, Atmel will be in its current trading range and may even dip a bit. Its after-market recent low was in the 13's; it may need to test that again. If I'm right, you heard it here first; if I'm wrong, you never read this. Cheers/t