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

To: Marc who wrote (3724)	7/8/1999 10:16:00 PM
From: stock talk	Read Replies (1) \| Respond to of 5927

Can anyone tell me how many shares outstanding ATI has??? My info tell me 199.6 million with a float of 165.7 is that correct???

To: Marc who wrote (3724)	7/8/1999 11:58:00 PM
From: P Wright	Respond to of 5927

Marc, one of the first rules of investing - "Don't fall in love with a stock". Last November ATI earned $.23 today they reported $.09 the trend for earnings since November has been pitiful. The numbers don't lie. The revenues have also been relatively flat now for 3 quarters even though they now supply chips to 8 of 10 the largest computer manufactures. I agree the set top box market may be huge but we will not see any substantial revenues from this for at least two more quarters. ATI is trading at a very high PE ratio (29) and if it wants to maintain this value it must do better on the earnings side.