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To: jgideon who wrote (304)	12/2/1997 1:14:00 PM
From: Dale Baker	Respond to of 118717

I looked quickly at the charts and financials. I'm out the door soon to pick up my wife at the airport so I can't do any in-depth DD tonight. You gave us an excellent start, however. I'd like to hear more about why MALL is expected to earn so much more in FY98. Resellers don't usually have much to set them apart from competitors except price cuts and name recognition. MALL has the usual thin margins which don't appear to change much over time. The MACD chart is encouraging; but the Stochastics show it's oversold which could point to another decline. Then you have a pattern of lower highs and lower lows. Not good. AVID's revenue changes aren't uncommon from the little bit I have seen of the entertainment support industry (my own words for lack of a real classification). They do well when their customers have business, and vice versa. I like the fact that AVID is a market leader. Even the national TV station here bought an AVID digital editing suite. It definitely bears further examination. Could be a good buy at 30 with a projected $45 price in 1998. Thanks for the contribution.

To: jgideon who wrote (304)	12/3/1997 4:15:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Some thoughts from Tuesday on how a short position helps in a market like this. Without a short portfolio right now, I would have been down more than one percent yesterday thanks to the QNTM fall. Instead I came out ahead with four out of five short positions (BBTK, CDRD, MICCF and ZITL with SHEL unchanged) making money. Just a thought for surviving what Briefing says could be a very rough tech market in weeks to come. Watch closely - TMBS is breaking down close to its pre-split price. Barring a major market meltdown it would be a good deal at 12 or less. I'll have my net out for some bottom fishing. AVID - still some work to do. Good luck to all today.