Avid Technology, Inc. (NASDAQ:AVID)

CAPS Rating: 2 out of 5

The Company develops, markets, sells and supports a range of software and hardware products for the production, management and distribution of digital media content.

Recs

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Player Avatar carefulinvestor (< 20) Submitted: 11/6/2006 11:33:18 PM : Outperform Start Price: $36.35 AVID Score: -83.07

Nice support at $36 for entry. AVID got slapped for revenue slowdown before new software release. It is a sign that studios are awaiting the new release and demand will be there.

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