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Technology Stocks : Avid Technology
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To: BMcV who wrote (576)10/21/1998 8:44:00 PM
From: A. Fineigler   of 777
 
Interesting that gross margins were up, Bruce. That's good news. Given the pending product migration, the results were pretty good.

Re the stock tomorrow - who knows. Like you, I'd guess strongly up. But Avid stock is enigmatic.

Re EMC - they have a more sustainable long-term growth situation. They are riding an explosive industry trend. Avid is more of a trading stock, IMHO.

I'm too busy at present to play around trading stocks, which is a shame because I think short-term traders could make a lot of money with Avid, up and down, in the near term. It will be very volatile intraday the next few days, at a guess.

Good luck.

AF
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