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Technology Stocks : Avid Technology

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To: orson sanderson who wrote (293)	7/3/1997 12:27:00 PM
From: Vanni Resta	of 777

It's true, John was an avid shorter on this stock (as you will see if you go back and read this thread), and I don't think that approach has made him any money in AVID. I still he is wrong to be so negative on this stock (as he was back when he was shorting it at $20), but at the same time, I believe it is more fully priced at these levels (around $25). All that could change quickly, because as someone pointed out, it is a turnaround stock. For the moment, though I continue to think it would not be wise to expect incredible upside. Happy Investing! Vanni

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