Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Avid Technology -- Ignore unavailable to you. Want to Upgrade?

To: A. Fineigler who wrote (555)	9/21/1998 9:24:00 AM
From: BMcV	Read Replies (1) \| Respond to of 777

AF A good statement of the bull case. I can hardly find cheaper water utilities, on a PE basis. And AVID may well return to strong revenue growth as they enter new markets. But I still am holding only half a position, in case they do miss this quarter. Then it might be possible to pick up this good long-term holding at around 15. Then again, last week's action may mean nothing. This stock, as you probably well know, trades wildly before and after earnings, and never as I think it will, based on the actual results. In the past year we have been both up and down strongly shortly before earnings release, then either up or down afterwards. In any case, I'd expect to see AVID double before CPQ breaks 45. Bruce