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Technology Stocks : Avid Technology

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To: Bobo who wrote (287)6/27/1997 1:00:00 PM
From: Vanni Resta   of 777
 
Avid downgraded. This stock is now off the buy list. I wouldn't panic and get out, since they downgraded it only because it has met their price target. And I am not saying this stock is going to lose a lot of value quickly. But the good days (40% increase in a few weeks) are over for now.

Happy Investing!

Vanni

RESEARCH ALERT - Avid Technology (NASDAQ:AVID)
Summary: LOS ANGELES, June 27 (Reuter) - Robertson Stephens & Co downgraded Avid Technology to a long term attractive from a buy after the stock hit the brokerage firm's target price of $25 a share. Copyright 1997, Reuters News Service
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