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


To: Marc who wrote (3197)4/21/1999 11:53:00 AM
From: Larry Meneely  Read Replies (1) | Respond to of 5927
 
Hello, Marc. Given the ATI win with E-machine, a low-end market, and given that ATI has remarked that it would not compete where it could not profit, what does that say about the struggling competition? Seems to me if ATI can put the squeeze on here, then more market share is in the offering. It also puts price pressure on the future Intel offering. What do you think?

Larry M.



To: Marc who wrote (3197)4/21/1999 2:10:00 PM
From: Montana Wildhack  Read Replies (2) | Respond to of 5927
 
Marc,

I'm long too; but, I agree with the earlier post in
buying and selling. Look at the price in the last
four quarters just before earnings announcement.

I've made a nice profit selling them and buying
back at my leisure over the next month or so. It
always slides. This last quarter sold the day the
second consecutive announcement came out just before
earnings release and am back in already.

It seems to be a "prove it" business. My friend
bought long at $16 last year and he doesn't even
look at it. I panicked and sold last fall on
the dip at a handsome loss.

I have no plans to sell after the Whitney chip
annoucement (Monday?). I expect to watch closely
around July 9 when next earnings report is out.

Keep those wonderful charts coming!