Avant (AVNT) Message Board

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Technology Stocks : Avant (AVNT)

AVNT 35.65

-1.0%

Jan 16 9:30 AM EST

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To: Pancho Villa who wrote (1536)	11/21/1997 8:55:00 AM
From: PMylnar	Read Replies (2) of 3441

AVNT. Amerindo's and Fidelity's history is that so long as the company's fundamentals (ie. technology, revenue and eps) are strong they don't sell. In fact, they generally keep buying more if the valuation comes down. Seeing that AVNT's fundamental haven't shown any slowdown, (yet!)in fact it looks like business is accelerating-see last quarters income statement (38% revenue growth, 56% EPS growth including over $2.5mm in legal expenses, $.05/s); my guess is they are still buying and AVNT will start to show up on some big momentum funds (AIM, Nicholas Applegate, Pilgrim Baxter) buy screens. That is why I haven't shorted AVNT yet!

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