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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: SBHX who wrote (13549)	8/31/1999 4:07:00 PM
From: Jan A. Van Hummel	Read Replies (1) \| Respond to of 14577

OTTAWA, Aug 31 (Reuters) - Trade was halted on ATI Technologies Inc. <ATY.TO><ATYT.O> on the Toronto and Nasdaq exchanges on Tuesday morning amid speculation the chip developer had lost a contract with Dell Computer Corp. <DELL.O> Markham, Ontario-based ATI, the world's biggest maker of graphic chips for computer and games, was rumored to have lost a supply deal for Dell's OptiPlex PC line, which is worth an estimated 70 million to ATI. It was also being suggested that U.S. rival NVIDIA Corp <NVDA.O> had won the deal, which could signal increased price competition in the chip sector. "The blow would be quite important -- there's no doubt that the hottest PC company in the world right now is Dell," said one analyst who asked not to be identified. "You don't want to be losing any business from Dell." Still, the analyst added that ATI would feel a bigger hit in market perception than revenue if the contract did die. "ATI's business is well diversified in terms of customers and different PC lines," he said. Another analyst who follows ATI said there is no confirmation that ATI has lost the deal. A spokesperson for ATI was unavailable for comment.