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

To: BMcV who wrote (637)	12/23/1998 7:26:00 PM
From: kgreen	Read Replies (1) \| Respond to of 777

Both AVID and TEK were in pretty serious trouble. Neither company is well run, contrary to popular opinion. Both have been working on technology that they cannot seem to get a handle on. So I had my doubts until they came up with the merger idea. Now I am far more bullish. Each can utilize the stronger technology of the other, plus avid can use tek's stronger sales staff to peddle its stock. it's definitely a win-win. will it play out in the 4th quarter? well, the 4th quarter has been a terrible one for the broadcast industry. i would not be surprised if orders were put off. on the other hand, capital budgets were already approved and i;m told avid's symphony is moving fast. so i'm bullish and holding on to my avid and tek positions with high hopes. kath