ATAR Recommendation

vf4 player · 03-29-2004, 11:38 PM

ATAR (ATARI)is trading quite low for a stock in a very strong industry. ATAR currently at about $3.33 I believe is undervalued. Atari is the publisher of UT2004 and as the first round of sales numbers comes through the stock should push above $4 and even reach close to $5. The stock not too long ago was trading in the $4-5 range.

My support for this is based on three things,

New CFO will be annouced
Industry Sector very strong (ATAR will follow other sector leaders such as ATVI and THQI)
Sell through for UT2004 this year should be very high (2 Million Units+)

What do you think? My buy in Price for ATAR averaged out to 3.55 about a month ago as I bought it on its way down.

I expect to sell out at around $4.50-$5.50

03-29-2004, 11:38 PM	#1
vf4 player Ensign Join Date: Apr 2003 Posts: 13	ATAR Recommendation ATAR (ATARI)is trading quite low for a stock in a very strong industry. ATAR currently at about $3.33 I believe is undervalued. Atari is the publisher of UT2004 and as the first round of sales numbers comes through the stock should push above $4 and even reach close to $5. The stock not too long ago was trading in the $4-5 range. My support for this is based on three things, New CFO will be annouced Industry Sector very strong (ATAR will follow other sector leaders such as ATVI and THQI) Sell through for UT2004 this year should be very high (2 Million Units+) What do you think? My buy in Price for ATAR averaged out to 3.55 about a month ago as I bought it on its way down. I expect to sell out at around $4.50-$5.50

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode

User Name
Password
Remember Me?