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Technology Stocks : Avid Technology
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To: Vanni Resta who wrote (284)6/26/1997 7:29:00 AM
From: Debra Orlow   of 777
 
Vanni, I agree with John. AVID is very overprised. Technically, it is due for a fall from here. The price keeps rising, but the internal indicators are weakening with each advance. I believe that it is the general euphoria of the market as well as the association with INTC that has gotten AVID where it is today. The question of the advancement of large caps vs small caps is talked about every 1/2 hour on CNBC. This stock has both. It is small, but it has a big boy behind them.

But technically, well.....only time will tell.

All the best.
Debra
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