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


To: Freak who wrote (8610)7/24/1998 11:03:00 AM
From: turbi  Read Replies (1) | Respond to of 13565
 
Hi thread -- we hit a new 52 week low this morning, not on heavy volume, so there's no rush to sell. There's just no incentive to buy--and probably won't be until there's a clear indication that earnings will turn around (or a clear "whisper on the street" that earnings will turn around. Unfortunately, there have been several consecutive earnings disappointments so that it may be awhile before anyone believes whispers. And so far at least there aren't any whispers that I've heard. Whatever happened to the big selling climax in which all the fence sitters sell their stock and then it rockets up afterwards? Uh-huh. Right. Cheers/t