UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.  20549
 
 
 
                          SCHEDULE 13G
 
 
 
           Under the Securities Exchange Act of 1934
 
                      (Amendment No. One)*
 
 
                      AVID TECHNOLOGY INC.
                        (Name of Issuer)
 
 
                         COMMON SHARES
                 (Title of Class of Securities)
 
 
                           05367P100
                         (CUSIP Number)
 
 
 
 Check the following box if a fee is being paid with this statement [  ].  (A
 fee is not required only if the filing person:  (1) has a previous statement
 on file reporting beneficial ownership of more than five percent of the class
 of securities described in Item 1;  and (2) has filed no amendment subsequent
 thereto reporting beneficial ownership of five percent or less of such class.) 
 (See Rule 13d-7).