Avid Technology Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Avid Technology

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: margaret foley who wrote (54)	10/20/1996 12:57:00 PM
From: David Kuspa	of 777

Avid doesn't need any better publicity for its products than it already has. It is the defacto leader in my industry, well-respected and a long-time innovator, the first choice for video professionals, movie editors and television networks. Avid = Mercedes to us, and putting their name on an ultra low-end product for consumers isn't going to improve their image. The majority of their business has and will continue to come from the professional market, and this is what institutional and knowledgeable investors are looking at. The problem with its stock price is that even after a record quarter ($115M) they still could make any money, even without the huge writeoff due to discontinuing the Media Spectrum. You're right about the Avid Cinema product, which outputs pretty miserable quality, even if you're used to second-generation VHS. And at its low price point, I can't imagine it will add much more than a few dollars to Avid's bottom line. Avid needs to fix its business operations so that it can earn money for shareholders from its high-margin, industry-leading product lineup.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next