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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (1191)6/18/1998 3:25:00 PM
From: sandbag  Respond to of 1720
 
[AVID]
Hi Rainier,
No, I didn't short AVID:-(
No capital or I would have gone short at the false bounce up at 45.
I still think this will go lower. Acquisition of Softimage to dilute earnings for the rest of the year. I believe Q2-Q3 to be taking a major nonrecurring charge in the $300 mil range. Looking for rebound before end of Q1 '99.

Not sure if this is a completely missed opportunity yet. I'm still waiting for some cash to free up.

Best of Luck
Sandbag