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Technology Stocks : Avid Technology

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To: Patrice Gigahurtz who wrote (44)	10/2/1996 9:33:00 PM
From: David Kuspa	of 777

Patrick, to my knowledge, Avid has no plans to drop Truevision as its board supplier. Avid has too much invested in getting its software to work with their boards to change during this difficult period for them. The steep price decline in TRUV is due to their Sept. 27 and 29 preannouncements of a significant loss due to an accounting change and also signifantly lower revenues over the previous quarter and the previous year's quarter. They do not make it clear in their press releases whether this revenue drop is due to the accounting change or to a slow down in orders. D. Kuspa

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