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Avid Technology, Inc. Message Board

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  • delll2002 delll2002 May 30, 2012 12:09 PM Flag

    Where now for Avid?

    Consolidation within the media industry is most likely for the next few years. Speculation this week is that one of Avis's competitors, Chyron, is looking to be acquired. Possibly the value in Avid lies in being acquired.

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    • ha ha - what Avid needs is a few more managers! Seriously, that way they can work the few remaining "workers" to produce miracles.

      Nothing will change while Greenfield remains in control. He has entrenched himself in with dictatorial type contract so no one can get rid of him, or at least it would be very expensive. His task was to break up Avid and sell it off; in that he failed dismally.

      I wish I had the foresight to sell at $28 but then my game is not in the stock market. ho hum

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