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

To: William Grady who wrote (8721)	8/4/1998 2:47:00 PM
From: Michael Sphar	Read Replies (2) \| Respond to of 13565

I'd say $7.ish would be a good "next buy" point. Not much exciting news out there. Fear and trepidation abounds that Asia will continue to deflate into a depression. The LDP fiddles while the yen falls. China is suffering trying to hold things together. Massive flooding now with "untold" toll in human, material, and renminbi, plus massive unemployment due to conversion of state controlled money-losing enterprises. The rest of Asia staggering. No capitulation in worldwide DRAM market share war, in fact NEC plans capacity uplift, same with Siemens and MU, at 64Meg level. Koreans holding strong with some minor shutdowns. US reaction to Asia shutdown about 12 months delayed. Look for serious down turn in US economy by next summer. The market will forecast it. As the indicators and high flyers finally fall, stocks like ATML will base. No base yet.

To: William Grady who wrote (8721)	8/4/1998 6:32:00 PM
From: Oral Roberts	Respond to of 13565

I agree that this is a very good value, IF you are buying with your own money and not on margin. Put it away and I think that you will be fine. Anyone looking at margin or options should treat themselves to a vacation because I've been there, done it, did it. It's is a last chance gasp to recoup that will put you on the slippery slope to financial hell! Remember that on margin you can actually end up wiped out and owing money! And someone else pointed out the obvious on options. If you want to make money in them, own your stock and write calls or puts, be a seller not a buyer. I am now in all cash, and I can clue you all it is about 65% less then what it was a month ago. While I lick my wounds I think that I will just observe this damn market until my brain returns to a non emotional level of functioning:) Jeff Roberts