SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Avid Technology
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Janet Madison who wrote (327)8/4/1997 2:53:00 PM
From: Dan Spillane   of 777
 
I did a little math here; after I sold my shares at 37 3/8 (from 22 or so), I bought back in at 34. Mainly, I think the valuation is justified given the improving fundamentals for digital video, and the better top and bottom lines.

Moreover, PCs which can handle advanced graphics/video have just become dramatically more affordable -- this should provide expanding demand for AVID products, as well as a number of other niche software/hardware products.

From an earlier post:
Robertson Stephens is also raising estimates.
The firm increased its FY97 view to $0.95 from $0.72 and
its FY98 estimate to $1.30 from $1.25 a share. Based on
the revised Prudential fiscal 1998 estimate and the new
Rob. Stephens view, the stock carries multiples of 21
and 23, while near-term annual earnings growth is
indicated in the 37%-45% range.

Dan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News