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

To: Nevyn who wrote (4760)	12/14/1999 7:09:00 PM
From: Marc	Respond to of 5927

Canada's ATI Technologies Reportedly Reaches Set-Top Pact with Sony Tuesday, December 14, 1999 03:17 PM NEW YORK -(Dow Jones)- Canadian graphics chip company ATI Technologies Inc. has reportedly forged a set-top box deal with Japan's Sony Corp., but the timing of the contract announcement isn't yet established, an industry source said. The announcement with Sony (SNE, news, msgs) may or may not come at the Western Cable Show in Los Angeles this week, the source said. Some analysts and investors are hoping to hear of such a deal at the show, which runs Tuesday through Friday. ATI shares (ATYT, news, msgs) have been rising the past few days because of building interest in the company's non-personal-computer business. ATI has historically only made its graphics chips for computers, but it is moving into set-top boxes and other consumer electronics devices. At the show, ATI is demonstrating its new RAGE HDTV and RAGE SDTV graphics chips. It is also demonstrating its chips with Microsoft Corp. (MSFT, news, msgs) for television on the PC. Yorkton Securities Inc. analyst Byron Berry said ATI is a well positioned as an "arms dealer" on both sides of the war over whether television and the Internet will be delivered through PCs or through televisions. Quote for referenced ticker symbols: ATYT ¸ 1999 Dow Jones & Company, Inc. All Rights Reserved. ======================