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Avid Technology, Inc. Message Board

  • mup29 mup29 Jun 2, 2000 2:26 AM Flag

    new but really surprised

    Well.. this company is losing market share, last
    revenues were lower than Q x-1, loss were bigger.. but,
    250 mill capitalitazion for over 400 mill sales?? Is
    this not a pure net stock ok.. but it is in the
    digital media mkt. That's where internet and tv will meet
    somewhere in the future to bring us the best of the web
    capabilities. RNWK has a capitalization of 6 billion!!! It
    could eat and swallow a company like this in 5 minutes!

    So 1) a buyout is very likely at this
    then 2).. by chance yestarday the 10% of the ownership
    changed hands at 9.5
    3) thia company has 1/4 of his
    mkt capitalization cash!!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • If AVID can't make a move up in this week's
      envirnoment we can pack it up- move along- take the loss
      (from 16) in my case. Sure it hurts and I stayed too
      long, but I'm in the industry and know how popular
      Digidesign is. But you know what, MACKIE (MKIE) is popular
      too and they can't turn a profit to save their ass.
      No different really. Sometimes we get suckered into
      appealing concepts but mgmt. and shareholder treatment is
      weak. I'll this money (what;s left) and put it just
      about anywhere else right now and MAKE money ( at least
      today ) good luck to the long timers if any left.

10.45+0.11(+1.06%)Sep 19 3:57 PMEDT

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