[Elecraft] K2 ATU Question

[K6TFZ@aol.com]

K2 without ATU puts out, for example, 5 watts on 40 meters into dummy load.
Installed and aligned ATU. With 5 watts requested, I get about 3 watts out 
into same dummy load and SWR shows close to  1:1. What am I missing?  TIA.  
Jeff, K6TFZ


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