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Technology Stocks : Avid Technology
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To: Patrice Gigahurtz who wrote (157)4/2/1997 9:53:00 PM
From: Ron   of 777
 
Chart for AVID looks very good, and seems to validate the NAB convention theory. As a broadcaster, I have watched AVID bounce upward the day the good press starts emanating from NAB. This year I am participating. Looking forward to 15 to 20% gain over next two weeks. Look out, however. Since AVID is still losing money, it will not necessarily stay up until it turns the profit corner. I will either be an AVID trader, or a long term holder. Anything in the middle will probably be a losing position. Good trading.
Ron
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