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Avid Technology, Inc. Message Board

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  • maxpetar maxpetar May 1, 2000 2:10 PM Flag

    As of 8:00 AM, S&P Futures are UP 5.7

    Long on Avid....I guess that is the smart way to one can make money shorting this baby.
    the problem with this baby is that to make the real
    bucks we need GROWTH....
    And in order to get it we
    One good
    sign is that Q1 turn out positive while the
    expectations where negative....
    They are doing the same
    trick with the revenue for the full year....First they
    said that revenue is going to be flat...that means
    $435 mil. But than they said that they expect growth
    in Q2,Q3 and Q4. If Q1 was $108 million and you have
    growth in the other three the revenue is going to be
    higher than $435 million.
    Same trick is going to
    work out with the profits for the full yaer....they
    said low single digits as % of Revenue this will put
    us at 18,7 to 36 centes a share in 2000.
    automaticly means that the 2001 projection right now is
    low...which menas they are going to raise that...which means
    upgrades...which means $30+ a pop before years end.
    Just think
    about it.
    Will be glad to hear some


5.59+0.02(+0.36%)May 3 4:00 PMEDT