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Technology Stocks : Avid Technology
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To: Wilson Chao who wrote (213)4/24/1997 10:03:00 AM
From: John Veltheer   of 777
 
I give !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

This market is crazy.

I bought XIRC at $12 only to watch it plummet to $9 and shorted AVID at $14 only to watch it go to $18.

XIRC has a low p/e and it growing like a weed. AVID has stagnant growth and oscillates between losing money and making lunch money.

Can someone please make sense of high techs.

JEV, unable to afford milk to spill and cry over.
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