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Technology Stocks : Avid Technology

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To: Vanni Resta who wrote (264)	5/30/1997 12:42:00 PM
From: stephen silk	of 777

vanni, you are corect that this stock was well oversold, well beyond reason. but i do think momentum is playing a large part in this move. the stock is quiet then suddenly moves in 1 point runs with extreme numbers of 1000 share trades. this could be day traders(soes) running it up and forcing market makers to quickly cover their suddenly short positions. but, if you own this, who cares why it's up. congrats

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