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Technology Stocks : C-Cube
CUBE 35.87-1.2%3:59 PM EST

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To: J Fieb who wrote (44653)9/11/1999 1:19:00 PM
From: JEFF K  Read Replies (1) of 50808
 
I hope this means they can get this contract back

Dell Chief Says ATI Lost Contract Due to Deadlines, Paper Says


Toronto, Sept. 11 (Bloomberg) -- ATI Technologies Inc. lost a contract from Dell Computer Corp. because the maker of computer- graphics cards was having trouble meeting production deadlines, the Globe and Mail reported. Dell founder and Chief Executive Michael Dell, who said his company ``is a big customer of ATI and continue to be,' said it was scheduling, not technology problems, that prompted Dell to seek other suppliers for its OptiPlex computers. Jason Zandberg, an analyst with Pacific International Securities Inc., said it's difficult to believe ATI couldn't meet Dell's schedules because it is a large-volume company, the newspaper reported.

ATI shares fell 12 percent Aug. 31 after the company said it lost the Dell contract.

(Globe & Mail 9/11 B3 www.theglobeandmail.ca)

Sep/11/1999 12:49
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