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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: Rosemary who wrote (4248)	7/7/1998 9:49:00 PM
From: P Wright	Read Replies (1) \| Respond to of 6317

"We're getting to a place where I don't know where to look for companies who haven't said flat, or are about to say flat." Rosemary, this off topic so I shall keep it brief, I bought ATI Technologies last week. One of the few semiconductor companies whose revenues and earnings have been increasing rapidly over the last year. They produce 2D/3D graphic accelerator and video chips. This company is not well known mainly because it is a Canadian company and is only listed on the TSE. They dominate their market and supply graphic chips to most of the large OEMs, Dell, Intel, HP, etc. They report earnings this Thursday morning and EPS are expected to be $0.20 giving a trailing PE ratio of 29 based on today closing price of $19.00. Last quarter revenues were $285m versus $151m (88%) for the previous year. An added bonus of buying this stock with US currency is the potential of a gain from the strengthening of the Canadian Dollar or should I say the Canadian Peso as it is currently at a twenty year low against the US dollar. I well not say anymore here, but if you have any question about this stock post them on the ATI thread.