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Avid Technology, Inc. Message Board

  • dcunitedfan3 dcunitedfan3 Jan 18, 2000 3:56 PM Flag

    movement

    Anybody have any ideas what's causing this sudden updraft? AVID is up nearly $2.50/sh, and the move happened this afternoon.

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    • because this is a no-brainer stock at this price.
      Word has it that certain key analysts have begun to
      express new interest in this stock, and that if delivery
      of specific technologies related to the Avid Unity
      initiative are on target, that edge servers for the internet
      could be a big component of future valuations of this
      company. Also, the introduction of the AvidProNet.com as a
      portal for content creators finally leverages Avid's
      most important real estate asset - the desktop of the
      50,000+ Avid systems in use worldwide. Bottom
      line......this baby is going up, and I wouldn't be surprised if
      it goes up a lot right before NAB in April,
      IMO......but do your own research......

      • 2 Replies to woowieman
      • We own two Avids and utilize them every day.
        They're both Mac based and have been very reliable. One
        is AVR 77, the other AVR 75. The reason that a lot
        of studios aren't buying new Avids is because the
        choices are so limited. You need to basically start over
        and pay for a whole new software set when you buy a
        G4, and you still need to buy a chassis for the G4 to
        run all the boards that Avid requires. And, most Mac
        editors would still prefer to use a Mac based system over
        the lower end Pentium version. Most studios can't
        afford a Symphony and don't need it unless they're doing
        high end broadcast work. So, I think a lot of edit
        houses are going to stay put at least until NAB before
        they plunk down hard earned dollars on a new system.

      • ........for those of you wondering about a portal for content creators, check this out.

        http://Avidpronet.com/

 
AVID
7.98-0.13(-1.60%)Sep 26 4:00 PMEDT