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


To: Ski who wrote (496)2/24/1998 4:20:00 PM
From: Sans Souci  Read Replies (1) | Respond to of 5927
 
I'm even MORE stunned -- watching the value of my April call-option + share position skyrocket by many thousands >>> problem is..... I was "tricked" out by that bloody Intel announcement, and I don't own it anymore!!!

-- Paul



To: Ski who wrote (496)2/26/1998 9:30:00 PM
From: Brian Diggle  Read Replies (1) | Respond to of 5927
 
$ 50 seems to be a problem. Traders should sell; Investors should hold or accumulate.

I haven't posted here before, so a little background on me. I am a small investor (I own 100 shares which I bought 2.5 years ago at $9)

Historically, ATI's best quarters have always been the 1st (already released) and the 2nd (results to be released April 9). I'm expecting a good 2nd quarter and another upside move in the stock in 5 to 6 weeks.

The increased volume over the last 2 weeks has subsided to normal levels. I saw many trades today of one board lot or less (would you believe 17 shares). It seem as many people are taking profits as the stock approaches/reaches $ 50. This is why "traders" should sell now, because the stock will probably trend lower over the next 2 or 3 weeks.

I'm holding my shares in my tax liable account so I will hold, at least until 2nd quarter results are released.

I have a limit buy order for my tax free account at last friday's price.

Good Investing/Trading

Brian Diggle