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Avid Technology, Inc. Message Board

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  • gabewhatley gabewhatley Jan 30, 2003 6:07 PM Flag

    Earnings tonight!

    "decent earnings release but I am sorry to tell you, the market isn't going to reward you for it. This stock is heading to $15 within the next couple of weeks.

    Valuation much too high, earnings release couldn't justify it."

    thats the most obsurd statement I've ever come across..It may go to $5, but the earnings release justifies a much higher stock price..They just took full year guidance up 35%..The stock will pop at least three bucks tomorrow..I got 1000 at 19.80 and 1500 at 20.35..I'm looking to buy more if someone will sell me some in the 20.50 range.

 
AVID
16.46+0.24(+1.48%)May 4 4:00 PMEDT