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Technology Stocks : Avid Technology

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To: Patrice Gigahurtz who wrote (176)	4/19/1997 10:49:00 AM
From: David Kuspa	of 777

Patrice, I agree that Avid's future is in high-end integrated systems/environments for TV stations, post-houses, etc. But I am making the argument that these markets are limited and will not allow Avid to show the explosive revenue and earnings gains it did a few years back when it was a hot stock to own. IMHO, this stock is way overvalued right now and is set up for another fall. If you're talking about MCXpress, it is very similar to a Media Composer 1000, without some of the extra features. I don't think you can run it on a Targa 1000, but you'll have to check with Avid on that. MCXpress will do real-time cuts and a few FX as well; I believe your board is not a dual-stream board. By the way, as I said in an earlier post, the most impressive technology/software product I saw at NAB was Apple's QuickTime 3.0 "Apple's QuickTime 3.0 Receives Television Broadcast Magazine's 'Editors' Pick of Show' Award at NAB'. Read the release at: biz.yahoo.com Did I mention it can instantly play back Avid's proprietary MJPEG video files as well? D. Kuspa

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