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Technology Stocks : Avid Technology

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From: daddyjunk4/30/1996 10:44:00 PM
   of 777
 
Avid's earnings continue to be disappointing. Wednesday will be
a very volatile day in the trading of Avid. I predict the stock will be
down as much as 5 points during the day. This is the time to buy.
Avid is a great company, well positioned in an industry that is
very much in its infancy. CNN is just the tip of the iceberg. Soon,
all news rooms around the world will be using Avid systems. I predict
the stock will be back up to the 40's in 12 months.
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