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Technology Stocks : Avid Technology

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To: David Kuspa who wrote (161)	4/4/1997 4:14:00 AM
From: space cadet	of 777

David, I remember speaking to you about AVID last year when you were correctly negative on its stock price. Do you think it's turned a corner or are we going under 10 again. I suspect AVID will retest its support at 10, but after that I don't know if support will hold or not. I haven't played AVID before, but I have less confidence in AVID than most of the other broken tech stocks I've been following.AVID is reporting Wed the 23 after the close. I'm pretty sure INTC will hit its numbers but I don't know about AVID. What are the numbers and will AVID make them? Zacks has some numbers on its site, 80c for 97 and -8c for 3/97 quarter. All the brokers have a hold on AVID, pretty pathetic really. Pretty rare not to see any broker hyping the stock. Is Intel going to save AVID? Does 9.5 provide a floor? I do think Intel is going to make a big expensive push into video in 97/98 so AVID just might luck into a potentially lucrative position, if they don't blow it.

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