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Technology Stocks : C-Cube
CUBE 37.23-0.3%Nov 28 9:30 AM EST

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To: C. Niebucc who wrote (37141)11/6/1998 3:42:00 PM
From: BillyG  Read Replies (1) of 50808
 
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.
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