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Technology Stocks : Avid Technology
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To: John Veltheer who wrote (206)4/23/1997 9:30:00 PM
From: Larry Abrams  Read Replies (1) of 777
 
This is a $10. stock.
Revenue growth has been nil and will be nil,
given price reductions negating volume growth.
The stock warrants a PE ratio of no more than 20
Even with a doubling of 97 earnings estimates from
.25 to .50....the PE ratio yields a price of $10.
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