Nice trading Cubette. You're a short termer like rarebird. At least you tell us your prices and limits before you trade. Here's a little piece on MSFT and Avid........... news.com
Microsoft holds Avid stake
By Reuters Special to CNET News.com November 6, 1998, 12:15 p.m. PT
Software giant Microsoft holds a 9.4 percent stake or 2,344,490 common shares in Avid Technology, according to a Securities and Exchange Commission filing.
Microsoft disclosed its latest position on Avid in a 13G filing, which are usually made by institutions and large investors with "passive" investment objectives in a company. Unlike 13D filings, those reports do not list the latest transactions.
Avid and Microsoft have collaborated on projects specific to the entertainment industry. At the end of October, Avid began shipping its new computer editing system that allows producers to edit television programs in real-time, replacing older videotape-based editing systems.
The new product, known as Avid Symphony, is designed to run on Microsoft's Windows NT operating system.
Avid, based in Tewsbury, Massachusetts, is a provider of digital audio and video tools for information and entertainment uses. |