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Technology Stocks : Avid Technology

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To: Anthony Marchese who wrote (118)	3/16/1997 7:03:00 PM
From: Jeffrey L. Henken	of 777

I don't trust anyone. Sure insiders are a good indication of better things to come but look at the chart. Earnings for next year might be enough to support a $4 stock at a PE of 10. The market will dictate the value of this stock. Right now it is still overvalued, that's why it continues to fall. If you have a large holding in AVID please understand that I hold none. I was just looking at insider buys trying to find a stock that might be worth picking up and read your previous post. So don't trust my judgement either but you can't fight that downward trend. This stock needs some good news, earnings, something. I could not come up with a reason to buy this one today other than the insider buying. Can you? Regards, Jeff

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