Hey Boys And Girls I TOLD YOU SO
Avid is mired
down in bunk and there stock
Alternatives to Avid are starting to have an effect.
seems that alot of Avid editor's are purchasing FCP
systems to take their work home with them, consequently
reducing the need to be in Avid rooms.
One of the
reasons Avid and others gained
acceptance so fast was
that they were afordable to many people who had
100,000. to build a room but not 500,000.
scenario will now be played out
Avid vs. 500mhz Macs
and 1ghz Pentium 3's.
I SPEAK NEXT YEAR'S
the amortization of Zoftihmahzh won't be complete
until June '01, if memory serves, from the last 10-k.
Some have stated here it will be this year, but that
Hopefully most investors are
saavy enough to look through the accounting charge.
Although it remains a grim reminder of the stupidity of
I do believe that the second quarter results will
lead Avid's stock price higher - I also believe that
it should already be priced much higher for several
reasons. Avid's losses are attruibuted to acquisition. As
they approach the time period where they will no
longer account for these transaction costs, they will
report greater profits. Their new management team is
primarily comprised of people that were responsible for one
of their most profitable business units: DigiDesign.
Furthermore, their Edgestreme technology should offer a new
area of growth in revenue. What they really need to do
is start touting this technology. I read where an
analyst following Avid and Media100, called M100's
streaming media capability the "Clydesdale of Media
Streaming". Remember, a Clydesdale is a show horse, and
Edgestreme could make Avid a thoroughbred!
must include a lot of freebies. It makes no sense
that the stock would be lanquishing in this way if a
this were such a major product release.
but still wondering why I didn't take some profits at
25 last month.
... it certainly implies shipment of 17,000 units
priced between 8 and 12 thousand each -- that translates
into revs of between 135 and 200 million, either
figure alone would exceed expected quarterly revenues.
If our interpretation is correct -- and I have my
doubts -- AVID stock should double tomorrow.
Acording to company report issued today the new
softimage XSI has just shipped. Expecting to issue 17,000
within the next few weeks at a min. of approx. $8,000
ea, figure the sales numbers yourself, should make a
differance, that is if I understood it correctly.
I have watched Avid, as well as Pinnecal,
Truevision and Media 100 for years. And I have owned all of
them at one time or another. I am not a technical
person in this area but I do read and understand the
where we have been and where we are headed in the
I feel that Avid had some lousy management the past
2 years and they are paying the price now, but they
still are the gorilla so to speak of the media
business, so with a little patience I think it will be
Now I have a question. Do you think that with the
turn around profit this quarter there will be a jump
in Avid price? I watch Tradetek charts which with an
analog formula changes thru the day as to what they
project the 5 day out price of a stock. It's funny Avid
has been staying with a projected 5 day price of
between $13-$14 for 2 weeks now, while other stocks that
I watch which have much better fundmentals jump
from a minus projection to a positive over night. I
believe they use institutional buying, money flow, volumn
etc. to make this projection. Just wondered if you
think there could be something to this as we are
heading into the last month of this quarter.
is the reason for these type of postings. I asked
Mr. Electroflyer what he thought of Edgestreme and
the response was "I don't know or care", yet he can
make these claims without any basis for doing so.
Where are the facts? Thanks for your support "Diamond".
Your patience in Avid will soon be rewarded!