SI
SI
discoversearch

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) -- Ignore unavailable to you. Want to Upgrade?


To: Marc who wrote (3590)6/21/1999 12:51:00 PM
From: Robert  Read Replies (1) | Respond to of 5927
 
There has been an extreme dry-up in volume as price has consolidated over the past few weeks. This indicates that shareholders are expecting a good move up, while buyers are cautious because of the flat trend of the stock over several months. If earnings come in as expected, my views on the technicals are that the stock has a good chance of pushing upwards by a substantial amount. There is resistance at $28, but it is only minor. As earnings season approaches in the US, it is clear the market there is poised for new highs. The market conditions are generally supportive of my expectations, and so here is wishing us good luck in July....Robert