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Technology Stocks : Avid Technology
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To: daddyjunk who wrote (40)10/2/1996 9:41:00 PM
From: David Kuspa   of 777
 
Avid continues to recover from its recent low. Nice to be riding it back up again. I will get nervous if it pushes past 17, though. We need to see an earnings surprise to merit anything beyond that, in my opinion. I haven't decided yet whether I'll wait until the next earnings release in a couple of weeks or whether I'll get back out with a quick profit. Did you ever find that Prudential research report? I came across a post on Motley Fool's board which said the Montgomery mutual funds now hold over 10% of Avid's stock and consider it one of their most promising holdings.

D. Kuspa
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