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


To: check737 who wrote (3693)7/8/1999 10:47:00 AM
From: Flipper12  Read Replies (1) | Respond to of 5927
 
first quarter results in the next fiscal year could be huge. according to the balance sheet there is only intangibles of 34304. therefore we can expect next quarter to be the last for chromatic research writeoffs (36565 was amortized in the current quarter)



To: check737 who wrote (3693)7/8/1999 11:13:00 AM
From: Robert  Respond to of 5927
 
What counts in the long term is the declining PE ratio. Eventually, if they keep growing they way they are, price will appreciate. I'm not surprised by todays action. What happens is that short term traders position themselves for a pop, and when it doesn't happen they sell and keep prices flat. I think that lasts perhaps 1 or 2 days, and then fundamentals start to be recognized. I have been a short term trader myself, but with ATI, slow and steady has won by a long shot....Robert