ATI Technologies in 1997 (T.ATY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nevyn who wrote (573)	4/2/1998 12:08:00 AM
From: wayne nikituk	Read Replies (2) of 5927

I've generally found with tech stocks that very bullish analyst targets are signs of a near top...Quantum being a good case in point last summer along with a host of other US tech stocks... I bought ATI at $30 and bought more in low $50s.....Company has great growth prospects--but it is still producing a commodity of which eventually there will be ample competitors likely slashing prices and fighting over market share. I no longer believe the BS and hype surrounding these stocks. Nesbitt has a target at $65...$70 is not out of the question...at that point we will be trading 22.5X FY99 EPS...at the high end of valuation...One stumble from the company and its out to woodshed! Any other thoughts?? (new to this thread). Cheers

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next