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To: Chuzzlewit who wrote (910)	3/24/1998 5:45:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 3175

Paul, This run-up has been expected from EPS growth and, IMHO, not totally related to merger rumors. ATI made a new 52-week high today, and the stock should see no real resistance to the mid-$50s. Ibexx (Long on ATI, LEAPS and commons up to my eyebrows)

To: Chuzzlewit who wrote (910)	3/24/1998 6:48:00 PM
From: David Wiggins	Read Replies (2) \| Respond to of 3175

Paul,like myself,I believe that other investors feel this is a no lose situation. Buyout rumors are the proverbial "straw that broke the camel's back" of resistance. Investors are jumping in hoping for a short term bonanza with the confidence that long term the stock is good for these valuations based on it's fundamentals. The stock would probably have gotten here anyway, the buyout rumors merely accelerated the situation. I do feel that the buyout rumors (and the fact that they are being taken very seriously) made the speed of this move possible. If the rumors are true, I think there is still lots of room on the upside. That's my take on it for what it's worth. Regards, Dave PS any new blockbuster news as in your prior post?