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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 (1271)	9/29/1998 6:58:00 PM
From: Brian Diggle	Read Replies (1) \| Respond to of 5927

Short Interest Sept 30 as reported in the week-end edition of the Financial Post (I suppose the discrepency in dates is because of settlement dates, rather than fill dates). Sept 30 Sept 15 Net Change Avg Daily Volume 50 727 196 718 -145 991 891 193 Can anyone on the thread get more current Short Interest? On a personal note, I managed to pick up some JAN14 Call Options which I was trying to "lowball" on a "good till cancelled" order". I'm pleased that I acquired the options but of course I didn't acquire them at today's lowest price. Yours truly, Brian Diggle

To: Kelvin D. Nakamichi who wrote (1271)	9/29/1998 10:04:00 PM
From: Not_Active	Respond to of 5927

Kelvin: 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. I'm not necessarily saying it will go to $8, its just that now the expectation among traders is that it has the potential, so any sign of weakness will bring in attempts to make a few bucks to the downside. I didn't mean to imply that this will be an organized short, but just the normal action of the market. Why would someone short a company like ATI over the many truly overvalued, mismanaged, etc companies out there. Well, the one thing that ATY has that most Canadian issues don't at the moment is volume, and where there is volume there will be professional, short-term traders, both long and short. No professional wants to get involved in an illiquid stock that he/she can't move in and out of on a moments notice. The action on ATY was interesting today, on a trade by trade basis. On a $15 stock, few pro's would take a short-term trading position of more than 2,000 shares, more likely 1,000. So, anything above $30k worth or so is likely fund/institutional activity, and there was alot of that today. Not sure why ATY would deserve such attention, but the tape doesn't lie. By the way, I like ATY products and have a hundred units or so in my department, so I know its a real company with a real product. Trade Well .......... Kacy