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: Harry Stein who wrote (5047)	2/6/2000 1:14:00 AM
From: Smacs	Read Replies (1) of 5927

Get into wireless!? I'm sorry, but that's ridiculous! You can't just say, "Oh, you're a successful company who is number one in your industry...unfortunately your P/E is only considered normal (21 vs. 521) so we as investors think you should change industries!" While we're at it, why don't we suggest that Home Depot "go wireless"? I've got a fundamentally great hold in Patheon, and it hasn't gone up much lately...sure they're a Biotech/Pharma supplier, but I think a stab at wireless would do wonders for the stock price! Please pardon my sardonic tone, but you can't (easily) predict who the market darlings are going to be. Those are the companies that get outrageous valuations; the rest have to actually be good at what they do. If you're LONG in ATI, you're long because they are the number one graphics card supplier in their industry with interesting new products in areas that "make sense" given their expertise. Let's be patient and let the market "find them" when they're ready. In the meantime, listen to the analysts and ACCUMULATE. -sm-

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