Monday, July 24, 2006

ATI should beat on Wednesday

TITANIUM METALS CORP (NYSE:TIE) reported better then expected earnings today. ALLEGHENY TECH NEW (NYSE:ATI)is a more consistent producer with more conservative estimates. Given the current demand for titanium based on TIE's reported quarter, I am willing to say with a high degree of probability that Allegheny will beat on Wednesday.

DISCLOSURE: I maybe long the stocks mentioned above for myself and clients. Not a recommendation to buy or sell any security. The information above has been obtained from sources we believe to be reliable, but its accuracy cannot be guaranteed. The author and affilates shall have no obligation to update or amend any information contained above. For informational and educational purposes only.

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