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

To: Raymond Duray who wrote (2880)	3/4/1999 10:26:00 PM
From: Marc	Read Replies (2) \| Respond to of 5927

<<They want to believe that the ATY lead in the black art of graphics accelerators is not an ephemera like it has been for every leader in the past in this sector >> OK, so people want ATY to be a leader, 50% growth for 5 years is not enough. Do you realyse that ATY is trading at about the same price it was the day before they CRASH the estimate in last Quarter, and now people will start to say: well we really need to have a good earning report...WHY TELL ME WHY Is there a link between earning and stock price ? not for ATI. Oh sure if the earning are below, we will see another 30% drop (the joy of wanted to be traded on the NASDAQ, can't see one + so far), because it's ALREADY trading at a very high premium to the market that is growing so faster that ATI <GGG>, and all high PE company have the advantage of being US company, and often no earning.<GGG> Marc PS1 here's the bloomberg take the day after the last earning report Profit before a charge rose to US$52 million, or 24 cents (C$0.37) a share, from US$24.5 million, or 12 cents (C$0.18), a year earlier. ATI was expected to earn C$0.29 a share, the average estimate of analysts polled by First Call Corp. Starting with the recent quarter, the company switched to reporting its results in U.S. dollars from Canadian dollars. THAT DAY ATY WAS AT 19.40$ today it's at 19.75$, tell me i'm getting paranoid. PS2 while i'm at it on Jan. 25 S3 reported a 49% drop in sale for the year and a 1375% drop in earning, and it's up more than ATY since the report.