PC slump hits ATI sales
Weak sales in the PC market are having a knock-on effect on ATI. The graphics chipmaker now estimates that revenues for Q4, ended August 31, 2001, are expected to be in the range of US $235 million to US $240 million. Earnings will be flatter than a flat pancake - between 0 and 2 cents a share. In June, the company forecast Q4 earnings 5-7 cents a share.