Technology Stocks : Atmel - the trend is about to change


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To: scott blomquist who wrote (6786)9/20/1997 2:14:00 AM
From: mike cobble of 13564
 
Scott, I used to know ATML products quite well with engr. family. Currently, I have had more succes trading stocks with technical analysis/charting rather than PE's etc. I don't have anything to add regarding their new products. Just the fact BTB is holding strong, Management has stated the last 1/2 of year will be strong. Last CC was positive and no retractions on any of this. ATML looks to have been held at 37.5 options related and I was only happy to add to my positions which I have closed over 38 and 39 buying and selling many times over the last couple weeks. Normally in past, I have been pulled into the sucker rallies. I like the fact we are testing new highs and setting higher lows, but it's all speculation. Hoping ATML will test the 40's from a long term ATML investor and bull.
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