I got this from Dreamer from SavageNews
And this is what he said:
Yeap, ATi is going to release this card pretty soon. A few days before, or after the announcement of NVIDIA's GeForce4. The RADEON 8500 XT will works at 300MHz (core/mem) and may feature the usual goods from ATi - TV-Out and HydraVision (Dual Display). Well, more info to come ;)
So there is gonna be a ATI VS nVidia WAR again soon!!