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

To: Kelvin D. Nakamichi who wrote (1263)	9/29/1998 5:28:00 PM
From: Robert	Read Replies (3) \| Respond to of 5927

Technically, ATI is the pits, but fundamentally it looks good. Repeating myself, I think todays action was mainly technical, and sympathy with NTL, NNC and BCE. I am short NTL at $60 and change, and am feeling quite gooooooodddddd...

To: Kelvin D. Nakamichi who wrote (1263)	9/29/1998 5:42:00 PM
From: Not_Active	Read Replies (1) \| Respond to of 5927

Hi Kelvin: I'm a trader, not an investor, so I can't speak to ATY's fundamentals (I have traded it both short and long in recent months). But, technically it now has a broken neck (on big volume) of a fairly large head & shoulders going back into the spring. The short-term traders will now be all over ATY, ultimately expecting a measuring move down to around $8. Today's ending action was probably short-covering. Watch the next couple of days ... if ATY can't get back through the neck at around 14.40 on volume, then the shorters will move in for another raid. Trade well .... Kacy