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To: David Wiggins who wrote (696)1/26/1998 8:32:00 AM
From: Roy F  Read Replies (1) | Respond to of 3175
 
Noticed that the updated analysts' recommendations for ATI have slipped in the last month. Now 16 strong buy (was 19), 6 moderate buy (4), and 2 hold (1). Assume this is because of the recent price appreciation.

Also, IBD show short interest up 45%, but only 8,169,343 shares.

Earnings estimates appear to have remained constant. 17 estimates with a high of .19 and a low of .09, average .13. Year ago was .03 with no upside 'surprise'. Last two quarters have had positive surprises of approximately 38%.

Roy