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Technology Stocks : Avid Technology

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To: BMcV who wrote (662)	2/5/1999 8:38:00 AM
From: BMcV	Read Replies (1) of 777

CC summary from Yahoo board: messages.yahoo.com@m2.yahoo.com "I was on the conference call and everything was positive. The analysts were all positive, and one even said on a worst case scenario, the restatement would make this quarter around 40 cents which still blew away their estimates!!! Going forward, the company reported that revenues will be very strong compared to last year and are forcasted 20+% growth for the year with low 60's% gross margins. I equate this to between $1.90 and $2.10 a share for 1999. This is a solid story with a new twist.." forward guidance of 20% revenue growth is very very good news, since soft revenues have been the weak spot in the AVID story. current bid 31

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