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Technology Stocks : ATI Technologies in 1997 (T.ATY) -- Ignore unavailable to you. Want to Upgrade?

To: QuietWon who wrote (3614)	6/28/1999 10:59:00 AM
From: Flipper12	Read Replies (1) \| Respond to of 5927

this might be the reason for todays rise in the stock Canada Exporters' Stocks, Dollar Set to Rise, Barron's Reports Canada Exporters' Stocks, Dollar Set to Rise, Barron's Reports Toronto, June 27 (Bloomberg) -- Canada's economy is set to improve because of strong exports to the U.S. and that will boost stocks of companies that sell abroad, though stocks that depend on domestic demand will be hampered by consumer spending that's weak because of high taxes, Barron's reported. Fund manager Martin Hubbes, of AGF Management Co., named computer graphics- card maker ATI Technologies Inc. as a favorite and Kiki Delaney, president of C.A. Delaney Capital Management, picked luxury hotel operator Four Seasons Hotels Inc., as well as forest-products company Domtar Inc. and oil and gas producer Penn West Petroleum Ltd. Canada's dollar could climb as high as parity with the U.S. currency from its current 68 U.S. cent level as commodity prices improve and governments at the federal and provincial levels reduce debt and interest payments to non-Canadians, the weekly publication reported, citing Dan Fuss, managing partner of the fixed income group at Loomis Sayles & Co. in Boston. Canada's benchmark Toronto Stock Exchange 300 Composite Index climbed 7 percent so far this year, even with the Standard & Poor's 500 Index, though lagging the 14.9 percent advance of the Dow Jones Industrial Average. (Barron's, MW10, 6/28, www.barrons.com)