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Technology Stocks : Avid Technology

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To: A. Fineigler who wrote (575)	10/21/1998 6:13:00 PM
From: BMcV	Read Replies (2) of 777

EMC is not a bad place to be either, judging from their report yesterday (though I don't know how the stock reacted). It might be worth watching the open on AVID tomorrow to see if you can't steal a few shares early. Or maybe wait until the early pop has subsided. I have often noticed AVID act in a delayed fashion to good earnings. A year ago July we blew out the quarter and the stock didn't react until a few days later. On the other hand, it could open up 4. And maybe close down. Why do you think the quarter was so far off the actual result? Revenues were flat like they said, but gross margin was actually up. Did they just misspeak?

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