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Technology Stocks : Avid Technology
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To: TokyoMex who wrote (597)11/6/1998 6:43:00 PM
From: Yujin Maison  Read Replies (1) of 777
 
9.5% from MSFT is part of agreement when MSFT sold Softimage, but MSFT bought Avid stock upto maximum volume under agreement. This meant current price is almost bottom . Avid stock should up $40 level that is usual price and value of company. I also expect record earnings at Q4. MSFT now the biggest share holder after Intel. I see nothing wrong on future of Avid.
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