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Technology Stocks : ATI Technologies in 1997 (T.ATY)
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To: OrionX who wrote (5535)5/24/2000 8:55:00 PM
From: Vahe  Read Replies (2) of 5927
 
OrionX,

As the announcement says below:

"Toronto-based ATI said on Wednesday, before markets opened, that it expects to post a loss of 6 cents to 7 cents a share, excluding one-time charges and a $56 million inventory write-down, on revenues of about $300 million. The consensus of analysts' estimates was a profit of 13 cents to 14 cents a share, ATI said."

"Including one-time charges, the company expects to report a loss of approximately 35 cents a share."

I am still long on ATI and plan to ride this out.

Vahe
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