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

To: Trader Bob who wrote (3699)	7/8/1999 11:44:00 AM
From: Method	Respond to of 5927

ATI Technologies Outlook -4: Analyst's Response 07/08/1999 Dow Jones News Service (Copyright (c) 1999, Dow Jones & Company, Inc.) Todd Coupland, analyst with CIBC World Markets in Toronto, said the results came in ahead of his expectations, both net income and revenue. "The business was solid in the quarter," he said. He said the stock has been held back over the last several months by concerns about ATI losing market share to some competitors and about concerns of a slowdown in personal computer sales because of a seasonal slowdown and Year 2000 conversion issues. "I think you'll see the stock move up now that a lot of those concerns have been reduced," he said. He has a "strong buy" rating on the stock and a target of C$34. ATI shares are off 0.50 to 24.10 in Toronto Thursday. The stock sometimes moves up ahead of the release of quarterly results and then sells off somewhat if the results are about in line with expectations. -Scott Adams; 416-306-2026; scott.adams@dowjones.ca (END) DOW JONES NEWS 07-08-99 10:48 AM