ATI Technologies in 1997 (T.ATY) Message Board

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

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To: Marc who wrote (3938)	8/31/1999 9:11:00 AM
From: Method	Read Replies (1) of 5927

MARKET MOVERS ATI Technologies (ATY--TSE) 08/31/1999 The Globe and Mail Metro Page B16 $20, down 90 cents Technology stocks on both sides of the border weakened as investors fretted anew about rising interest rates. Market players are worried that the U.S. Federal Reserve Board may raise interest rates again this fall. That could be bad news for technology and telecommunications companies if investors, worried by the continued rate hikes, become skittish and less willing to bet on companies with high price/earnings multiples. Since when does ATI have a high P/E????

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