I have not had much time to siff through the ruble on ATI but "That's gotta HURT!"  Looks like a revenue shortfall and gross margin compression from inventory write downs - OUCH! 

What is really puzzling for me is the lack of discussion on the notebook market?  Not a single newpaper article talked about it.  The Company alluded to poor product mix and product pricing and it is all very confusing ....  Sometimes the truth is better left on its own ....

What is the truth?  The real driver behind the problems?  Pricing pressure on desktop?  PCI Express inventory problems?  I guess we would never know, eh?  LOL...