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

To: Marc who wrote (3274)	4/30/1999 1:43:00 PM
From: Marc	Respond to of 5927

Apple Computer Rises on Optimism for New Products, Demand Cupertino, California, April 30 (Bloomberg) -- Apple Computer Inc. shares rose as much as 9.6 percent on optimism that the maker of the iMac home computer will unveil new products and benefit from rising consumer demand. Apple rose 3 3/16 to 46 3/16 in midday trading of 9.5 million shares, making it the eighth-most active stock in U.S. markets. Shares of the Cupertino, California-based company earlier touched 47 1/8 and have gained 12 percent this year. Apple plans to introduce a new consumer portable PC, which it has lacked for more than a year, in the next few months. It also is set to kick off its worldwide Developers Conference in San Jose, California, on May 10, and the semiannual MacWorld show in New York in July. ''There's a lot of anticipation that Apple will show a bunch of new products from now though August. That's creating a buying interest and good volume in the stock,'' said Charles Wolf, a Warburg Dillon Read LLC analyst, who rates Apple a ''buy.'' Recent reports show that PC shipments rose a more-than- expected 19 percent in the first quarter. That's seen as positive for Apple, Wolf said. PC sales at large electronics stores in Japan rose 67 percent in the week ended April 11 from the year-earlier period, Nikkei Market Access reported. Japan traditionally has been one of Apple's biggest markets. ----- Don't know why i still care about ANY news related to ATI. I wonder how many point every US competitors would get every time a news like the apple new would by issue, or an upgrade like News 4/30 10:31 ATI Technologies Reiterated 'Strong Buy' at CIBC Wood Gundy