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

To: Not_Active who wrote (1267)	9/29/1998 6:33:00 PM
From: Kelvin D. Nakamichi	Read Replies (2) \| Respond to of 5927

Kacy; Technically, it's a dog but there has to some fundamental reality here at some point. In 1998 ATI became the World's #1 vendor of PC graphics chips and accellerator add-in boards... therefore it's stock should plummet. Makes sense. ultimately expecting a measuring move down to around $8. If it hits $8 I will never care about fundamentals again. I won't even need to know the names of the companies I'm trading. Today's ending action was probably short-covering. Good point. Not sure what the short-interest numbers are on ATI? then the shorters will move in for another raid. Why would someone short a company like ATI over the many truly overvalued, mismanaged, etc companies out there. ATI's increased earnings every quarter since God knows how long and the fundamentals, although I won't go into detail, look incredibly bright. I know there are always shorts in almost every stock but a concerted short attack on ATI just doesn't make sense to me. Anyways, you trade well too. K