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Technology Stocks : ATI Technologies in 1997 (T.ATY)
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To: Robert who wrote (3950)8/31/1999 11:13:00 AM
From: PHILLIP FLOTOW  Read Replies (1) of 5927
 
This stock could be halted for a while:

By Scott Adams

TORONTO (Dow Jones)--ATI Technologies Inc.'s (ATYT) stock tumbled 12% in
Toronto earlier Tuesday on rumors the graphics chip company has lost a
contract with computer maker Dell Computer Corp. (DELL) to Nvidia Corp.
(NVDA).
Officials at the three companies couldn't immediately be reached for
comment. Analysts declined to comment on the situation until more details are
available. The rumors are coming from a developers conference in California,
analysts said.
In Toronto, ATI's stock fell 2.40 to 17.60 on 2.3 million shares, before
trading in ATI was halted. The stock was down 1 15/16 to 11 1/2 on Nasdaq, on
83,100 shares.

PHIL
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