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To: Cameron who wrote (21081)	9/1/1999 11:00:00 AM
From: Ward Nicholson	Read Replies (1) \| Respond to of 62348

ATY... Just as a point of interest, ATY broke a major support level ($15) last year on 29-Sep-98 on relatively heavy volume. From that level the shareprice dropped almost 25% to around $11.50. Technically, ATY is going through the same pattern as one year ago. I'm imagining a 25% correction to around $15 before a dead-cat to around $19-$20. Hope you guys don't mind...just thinking outloud. WN

To: Cameron who wrote (21081)	9/1/1999 11:11:00 AM
From: hx4	Read Replies (1) \| Respond to of 62348

Merrill from buy to near term accumulate at 10am. Careful Cameron. Wednesday September 1, 10:08 am Eastern Time RESEARCH ALERT-Merrill cuts rating on ATI Tech NEW YORK, Sept 1 (Reuters) - Merrill Lynch said on Wednesday it cut its rating on ATI Technologies Inc. (Toronto:ATY.TO - news)(Nasdaq:ATYT - news) to near-term accumulate from buy. On Tuesday, ATI, the world's biggest maker of graphic chips for computers and games, announced it had lost a chip supply deal with Dell Computer Corp. (Nasdaq:DELL - news) which will cost it $10 million in sales per quarter. -- No further details were available. -- Shares of ATI were trading down 1/2 at 11-1/2 on Wednesday morning on Nasdaq. Harry