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

To: hsg who wrote (3982)	8/31/1999 3:23:00 PM
From: CharlieChina	Respond to of 5927

CNBC ... just talked about ATI's loss of the Dell contract

To: hsg who wrote (3982)	8/31/1999 3:24:00 PM
From: Alastair McIntosh	Respond to of 5927

TORONTO, Aug. 31 /CNW/ - ATI Technologies Inc. (TSE:ATY, NASDAQ: ATYT) today confirmed statements carried on the Dow Jones news wire that its component products will not be included in Dell Optiplex systems for the fall. Component sales in the order of magnitude US$10 million per quarter are impacted. ATI's total sales for the nine months ended May 31, 1999 amounted to US$927 million. ATI is confident that its RAGE 128 PRO graphics chip, and related board products will remain the most cost effective combination 3D and video graphics acceleration products for all its OEM customers. Dell remains a major customer with ATI, particularly in the notebook market where ATI 3D technology is poised to become the leader in the notebook graphics market next year. ATI's fourth quarter sales are on target and the outlook for fiscal Q1 sales is solid. ATI continues to anticipate overall market share growth. This press release contains forward-looking statements that involve risks and uncertainties. Actual results may be materially different from those contained in such forward-looking statements. The markets for the Company's products are characterized by rapidly changing technology, evolving industry standards, frequent new product introductions, emerging competitors and significant price competition. In the event that the Company is unsuccessful in identifying, developing, manufacturing or marketing new products or enhancing its existing products or maintaining its historic prices or margins, its operating results will be adversely affected. Additional information concerning factors that could cause actual results to materially differ from those in such forward-looking statements is contained in the Company's filings with securities regulatory authorities.

To: hsg who wrote (3982)	8/31/1999 3:25:00 PM
From: PHILLIP FLOTOW	Read Replies (1) \| Respond to of 5927

Don't know, but this just in: (headlines only) 08/31 3:05P (DJ) +DJ ATI Confirms Its Pdts Won't Be Included In Dell Systems (MORE) DOW JONES NEWS 08-31-99 03:05 PM Story 3791 +DJ ATI Says Component Sales Of About $10M/Qtr Are Involved (MORE) DOW JONES NEWS 08-31-99 03:06 PM Story 3795 +DJ ATI Says Dell Remains A Major Customer >ATYT (MORE) DOW JONES NEWS 08-31-99 03:07 PM Story 3797 +DJ ATI Says Its 4Q Sales Are On Target >ATYT (MORE) DOW JONES NEWS 08-31-99 03:07 PM PHIL