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Technology Stocks : Avid Technology

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To: Jeffrey L. Henken who wrote (119)	3/17/1997 1:04:00 PM
From: Perry Kivolowitz	of 777

>This stock needs some good news Well, two folks from Avid just received Academy Awards for Scientific and Technical Achievement for their work on Elastic Reality. And, new versions of Elastic Reality are expected to ship at NAB. Other good news is that MCXpress product is selling very well at the expense of competing products. More good news is that the Avid Cinema product is doing well. More good news really is in the recent balance sheets, DSO down, inventory turns up, increased cash, expenses held, margins up, etc. (bias alert: I've got a large position in Avid)

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