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Technology Stocks : Avid Technology

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To: Bobo who wrote (287)6/27/1997 10:42:00 AM
From: David Kuspa   of 777
 
Finally, this stock is heading back down to Earth. Honestly, it has continued to amaze me, but the hype/momentum driving this stock up recently has been far worse than the weeks just prior to the crash from $47 a couple of years ago. Watch out. Avid isn't exactly selling zip drives, or even BMWs. As I have been saying for some time, their bread-and-butter systems are directed at a maturing niche market that is very different than it was 4 years ago when Avid was burning up the industry with almost all of the early sales of nonlinear editing systems.

As always, do your own research,
D. Kuspa
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