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

To: John Stopforth who wrote (1262)	9/29/1998 4:57:00 PM
From: Kelvin D. Nakamichi	Read Replies (2) \| Respond to of 5927

John; NT warning was around 1pm. By 12:30 pm ATI was already off 1 1/2. It could have been technical selling after ATI started sinking lower than primary $15 support level. After it went below $14.75, all short-term support was gone until $14 and it broke through that. Who knows why it turned north again at $13.25. Gap theory held true this time. After bottoming at 13.25 it roared back to $14 in less than 90 minutes on 850K volume. Institutional buying? OCT 14 & 15 Calls had a fair bit of volume today. Kelvin