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


To: stock talk who wrote (3730)7/9/1999 10:16:00 AM
From: Flipper12  Read Replies (1) | Respond to of 5927
 
merrill lynchs' comments

Investment Highlights:
· ATI Technologies reported Q3'99 results that
were above our expectations. We are
reiterating our Buy recommendation.
· The company recorded sales of
US$302.04 million, up 65% over last year. We
had been looking for $276 million. Adjusted
EPS were US$0.17 vs. our expectation of
$0.15, and vs. last year's number of $0.12.
· We continue to be surprised by the company's
ability to increase gross margin. We had been
estimating that pricing pressure would hold
this around 35% but it came in at 37% —
higher than last quarter.
· Cash balances increased in the quarter to
US$90 million. Accounts receivable improved
and DSOs now stand at 49.3 days.
· Latest market data from Mercury Research
shows ATI in the number three spot for
notebooks.
· There is a conference call at 11:00 a.m. (EST)
this morning and we will have more details
following the call.
8 July 1999
Thomas B. Astle, CFA
First Vice President
(1) 416 369-7405
tom_astle @ca.ml.com
Alison R.Gilbert
Industry Analyst
(1) 416 369-2222
alison_gilbert@ca.ml.com
ATI Technologies Inc.
Righteous Results! BUY*
Long Term
ACCUMULATE Reason for Report: Preliminary Analysis of Sales and
Earnings



To: stock talk who wrote (3730)7/9/1999 10:17:00 AM
From: Flipper12  Read Replies (3) | Respond to of 5927
 
ATI Technologies Reiterated 'Strong Buy' at CIBC World Markets

Toronto, July 9 (Bloomberg Data) -- ATI Technologies Inc. (ATY
CN) was reiterated ''strong buy'' by analyst Todd Coupland at CIBC
World Markets Inc.. The 12-month target price is C$34.00 per share.
The fully diluted EPS estimate f or F99 is raised to C$1.10 from
C$1.05, while the estimate for F00 is maintained at C$1.35.



To: stock talk who wrote (3730)7/9/1999 10:46:00 AM
From: Marc  Read Replies (2) | Respond to of 5927
 
Who has more credibility? :-)>

WASHINGTON, DC, Jun. 16, 1999 (States via COMTEX) -- Kenneth F. Potashner of Santa Clara, CA, a Director, Chairman, President, CEO and Chairman of S3 Inc. (SYMBOL: SIII), disposed of 68,100 shares in 2 transactions for between $8.00 - $8.25 ea ch between May 13, 1999 and May 14, 1999. Kenneth F. Potashner currently owns 22,000 shares. A Form 4 reporting the transaction was filed with the Securities and Exchange Commission on June 08, 1999.

Does that answer your question.