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Technology Stocks : ATI Technologies in 1997 (T.ATY)

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To: Marc who wrote (3843)8/5/1999 8:33:00 PM
From: Ally  Read Replies (2) of 5927
 
Can anyone throw more light on the write up in NP today...

Portfolio Manager was quoted as saying " there has been some concern about ATI's acquisition of Chromatic Research last fall. Investors have penalized ATI's stock over concerns that the acquisition will not add directly to its revenue for some time. This has muddied the waters for ATI and we expect the company to clarify its strategy in the fall"

What are the issues with the acquisition??
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