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


To: cj who wrote (8081)3/26/1998 1:53:00 AM
From: Vikas  Read Replies (2) | Respond to of 13565
 
Cj,

The reason I have to contemplate whether or not to use the CC
strategy this month is:
(1) stock at all-time lows
(2) earnings to be reported
I think the bottom of the stock has been hit at 14 (it's hit this
point twice thus far and bounced back). Even a mediocre report
will push the stock gradually upward. Why? Because compared to
previous quarters, things will be slowly getting better for the
company. I'm still holding a good-sized position in ATML (I've
liquidated all others in this crazy bull market and secured profits).
We'll be in the 20s later this year...

Vikas