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

To: Marc who wrote (2941)	3/29/1999 9:55:00 AM
From: Marc	Respond to of 5927

Globe says ATI's upside is market leadership in its niche The Globe and Mail reports in its Saturday, March 27, edition that AIM Canadian Premier Fund portfolio manager Paul Rogge runs the fund from Houston on a single discipline: He seeks out stocks with earnings rising faster than previously forecast. The Globe's Andrew Allentuck writes that picking stocks just before they produce earnings surprises allows Mr. Rogge to buy stocks at lower multiples of earnings than forecasts justify and keeps the fund generating returns that are higher than those of most growth funds. Picking outperforming companies is a two-edged sword, Mr. Rogge admits. His roster of companies has to be watched for firms that fail to outperform, which are then dumped. The result is an annual turnover rate that approaches 100 per cent. Currently Mr. Rogge likes ATI Technologies, which is priced at 33 times forecast 1999 earnings of 68 cents a share. ATI's upside is market leadership in its niche, the downside is a limited range of products, says Mr. Rogge. Nevertheless, ATI keeps on surprising analysts with earnings growing at 20 per cent a year, he says. === I sure would't buy a fund AIM , with a manager that calculate a PE with using the Canadian stock price / US earning estimate MArc

To: Marc who wrote (2941)	3/29/1999 10:07:00 AM
From: Marc	Read Replies (1) \| Respond to of 5927

EMACHINES CATAPULTS TO FOURTH LARGEST PC MANUFACTURER EMACHINES CATAPULTS TO FOURTH LARGEST PC MANUFACTURER In US Retail Market Share New eMachines Position Passes Apple and Packard-Bell Within Four Months of First Unit Sales IRVINE, Calif., March 29 /PRNewswire/ -- eMachines, Inc., the creator of the sub-$600 PC market segment with its $399, $499 and $599 eTower computers, today announced that it has become the fastest growing supplier of personal computers in history. In less than four full months of sales, the company has achieved the number four market share position in US retail desktop PC sales. PC Data's February 1999 market share report shows eMachines with a 9.9% retail desktop share, taking over the position previously held by Packard-Bell, and less than 1% point behind IBM which presently is at number three with a 10.7% share. The January 1999 Ziff-Davis InfoBeads report listed eMachines in the number five retail desktop PC position with a 7.1% market share ousting Apple Computer. In December 1998, eMachines attained the number six slot with a 5.9% share in its first full month of sales. "With our focus on the sub-$600 PC market segment, outstanding product quality and support, and mass market retail distribution, eMachines is demonstrating that this new level of affordability is leading the low-price PC evolution and opening up the market to numerous first-time PC buyers," stated Stephen A. Dukker, President and CEO of eMachines, Inc. "These independent research statistics validate that eMachines has become a tier-one branded PC vendor in record time." eTower Sales in Q1'99 Stimulate First-Time Buyers Data from eTower sales in Q1'99 continued to verify eMachines' market momentum in driving the low price PC evolution. eMachines shipped approximately 300,000 eTower PCs in the first quarter of 1999, representing an increase from the over 150,000 units shipped in Q4'98. In Q2'99, the company will increase production of its eTower shipments to well over 400,000 units. "The combination of results from our Q1 eTower sales presents a win-win position for consumers and retailers alike," stated Dukker. "Not only can more consumers afford to purchase a PC today over any other time in history, retailers are taking advantage of the high velocity sales associated with our low $399, $499 and $599 price points and very low return rates." In Q1'99, eMachines continued to report a dramatically low return rate of under 4%, less than half the industry average, which indicates not only superb product and support quality, but that people are more comfortable with the purchase of a PC at the eTower's low price points. Supporting eMachines' mission to expand the market with new PC customers, approximately 51% of Q1'99 eTower sales through consumer electronics retailers were to first-time PC buyers, compared to industry figures that were slightly above 25% during 1997 and most of 1998. These new 'first-time' buyers reported annual household incomes at 69% between $20,000 and $34,000, and 31% between $35,000 and $49,000. This is substantially below the $50,000+ household income levels reported by PC owners in 1997 and 1998 surveys. Customer data also shows that eMachines is expanding the market for multiple PC ownership in the home. For consumers who already own a computer, the average number of PCs in the home increased to approximately 2.2 after their eTower purchase. Continuing eMachines' powerful "word of mouth" trend, 32% of eMachines customers across all sales channels said they heard about eMachines from friends and associates, indicating that they are recommending the company's eTower PC. About eMachines, Inc. Founded in September 1998, eMachines is the first PC company to focus on desktop computers exclusively in $399 to $599 price range with a mission to expand household penetration of first-time purchases and increase second and third computers per house ownership. eMachines' principal investors include Korean PC manufacturer TriGem Computer and monitor maker Korea Data Systems (KDS). With the backing of these two manufacturing powerhouses and the channel expertise of its management team, eMachines is positioned to become a major computer-centric consumer electronics brand. The company's Web site is located at www.e4me.com. SOURCE eMachines, Inc. -0- 03/29/99 /CONTACT: Pattie Adams of eMachines, 408-945-1364, or pattie.adams@emachinesinc.com/ /Web site: e4me.com CO: eMachines, Inc. ST: California IN: CPR SU: SLS