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Technology Stocks : Avid Technology

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To: Bill Peterson who wrote (62)	11/4/1996 10:01:00 AM
From: David Kuspa	of 777

Bill, the only hope for a significant share rise is for a surprise earnings announcement or a takeover rumor/bid. But even surprise earnings probably won't move it back up to the low $20's. Avid's sales tend to weaken going toward the April National Association of Broadcaster show, because buyers wait to look at all the new systems being released. So I'm not confident there will be any spectacular gains in either sales or earnings in the near future. First Call's estimates are bleak. As for a takeover, who knows? It might be worth a gamble. But if you know of another investment opportunity with better odds over the next 6 months, I'd advise you to take it. D. Kuspa

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