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Technology Stocks : Avid Technology
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To: BMcV who wrote (585)10/22/1998 10:16:00 AM
From: Sultan  Read Replies (1) of 777
 
The preannouncement was a surprise. May be the management thought business was weak. I remember the announcement saying revenue of est. 112-116 m. In any case, the management is top notch operationally. If the new products revenue kick in next couple of qtrs. Over the next 12 months, it should revisit the old high. This stock is still very very cheap.
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