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Technology Stocks : Avid Technology
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To: Wally Mastroly who wrote (269)6/4/1997 10:45:00 AM
From: David Kuspa   of 777
 
Motley Fool's analysis by Louis Corrigan cheered Avid's rebound, but also discusses the negative factors going forward--the same ones I have been talking about: shares are overvalued; PE of 39 for FY97 estimates; 23 for FY98; half its net came from interest income; transitions to Wintel platform and indirect sales channels will negatively impact income.

Good luck,
D. Kuspa
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