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Technology Stocks : Avid Technology

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To: daddyjunk who wrote (20)9/21/1996 10:35:00 AM
From: David Kuspa   of 777
 
Scott, are you still holding AVID? It's slipping back towards its 52-week low again, and I'm trying to decide whether I'll get back in. I still hold to my belief that this company is fairly valued around $13. (The Motley Fool analysis I posted earlier confirms this)

Still, I continue to hear of friends and associates who are buying Avid's systems. So I could see a slight premium to the fair valuation based on the potential for some growth recovery. And they're still the number one on the block, albeit facing competition from ever more vendors. AVID has cycled back and forth between the mid-teens and $21 or so several times in the recent past. I've managed to time my entry and exit points quite nicely so far. Can't say the same for DATX though!

D. Kuspa
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