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Avid Technology, Inc. Message Board

sugarr_daddy 438 posts  |  Last Activity: Aug 26, 2003 2:12 PM Member since: Nov 19, 1999
  • sugarr_daddy by sugarr_daddy Aug 26, 2003 2:12 PM Flag

    Avid doesn't trade on fundamentals and never has. Eventually, however, all gooses get cooked when earnings fail to materialize.

    The Barrons article doesn't do this ponzi scheme any justice.

    It's only a matter of time.

    Avid's average long-term earnings justify a single-digit stock price.

    It's cash hoard is almost 100% the result of insiders buying shares at bargain basement prices - and then selling them at huge premiums for profit. This cash hoard's origin is so unusual it almost makes the honest investor cry.

    I've been watching this pump & dump scheme for a long time now - ever since the Fed began printing money and institutions began pumping up the market with newly minted funds.

    Avid isn't the only bubble but I'm afraid that the Fed's scheme won't be complete until the election. Until then expect corps & states to continue issuing low-interest bonds anb contributing this cash to their pension plans, while the Plans put the new money to work in the stock market. It's a beautiful arrangement; it's a dangerous bubble; the institutions have the inside track; it will all come tumbling down.

    Watch & see.

    Sugarr

  • Reply to

    Real eps in qtr was $0.00?

    by bsa222000 May 15, 2003 11:50 AM
    sugarr_daddy sugarr_daddy May 16, 2003 11:14 AM Flag

    Have you read post 8814 and its references to posts:
    8765
    8769
    8791
    8792
    8799?

    You should as it essentially exposes Avid's smoke & mirrors scheme to fleece retail joe.

    Also, check out 7900;7902;7904

    Finally, you are wasting your time posting to the Numskulls here posing as honest Longs. They are not only company paid shills, they have very low aptitiude. They will never answer specific questions with facts and will never discuss financial numbers.

    But, feel free to find this out for yourself.

    Sugarr

  • sugarr_daddy by sugarr_daddy May 1, 2003 2:12 PM Flag

    To all you Longs who are yearning for a return to the 40s so you can break-even.....forget it. You should accept your losses as a valuable lesson in what not to do when investing.

    Also, as regards the article posted: Notice how the Numskulls always measure gains from the most recent low? They seem to forget that Long investors are all underwater and have been for a long time now.

    Hahahahahaha

    It's pathetic.......and Darwin's Theory.....it's supposed to be this way....you can't fight fate.

    Hahahahahahahahahahahh

  • Reply to

    All About Avid

    by sugarr_daddy Apr 29, 2003 8:12 AM
    sugarr_daddy sugarr_daddy Apr 30, 2003 12:47 PM Flag

    I see you are still reading the posts of The Numskulls.

    Having fun?

    Hahahahahahahaaa

  • Reply to

    All About Avid

    by sugarr_daddy Apr 29, 2003 8:12 AM
    sugarr_daddy sugarr_daddy Apr 30, 2003 8:03 AM Flag

    Remember, there is a lot more that may been seen by the seasoned eye.

    If the information in the listed posts caught you by surprise....if you never noticed anything of the sort..........then, you need to re-evaluate why you are invested in Avid.

    I hear Avid does have customers and is selling product and service, but there is just no way to translate this activity to today's stock price. Using realistic projections, Avid's stock is worth no more than single digits.......for now. As time goes by, the prognosis will more than likely get much worse.

    It's simple math....not smoke...no mirrors.

  • Reply to

    All About Avid

    by sugarr_daddy Apr 29, 2003 8:12 AM
    sugarr_daddy sugarr_daddy Apr 30, 2003 7:16 AM Flag

    Don't forget to read posts;

    8765
    8769
    8791
    8792
    8799

    to find out what's what with Avid.

    It's gonna get ugly.

  • sugarr_daddy by sugarr_daddy Apr 29, 2003 8:12 AM Flag

    Just read posts:

    8765
    8769
    8791
    8792
    8799

    to get the full picture.

    Numskulls beware....the end is near.

  • sugarr_daddy by sugarr_daddy Apr 28, 2003 3:51 PM Flag

    Avid is down 40%+ from its high and will continue its decent into oblivion. Many Numskulls are still hoping to break even, but I'm afraid the $40s is just a dim memory never to be repeated.

    Give up and sell.

    The Great Sugarr is never wrong and has been right about Avid for many moons now.

    You will never break even and should accept your losses. Avid is a short's dream stock and has not disappointed yet.

    Consider today's price a bargain.......so you lost money....you can make more.......find a new hobby....

    ,...investing is for men.

  • Reply to

    Thank you shorts.

    by wokehimup Apr 28, 2003 8:02 AM
    sugarr_daddy sugarr_daddy Apr 28, 2003 12:14 PM Flag

    The best thing to do is simply place The Numskulls on "ignore". I've been monitoring this board for many months now and they have nothing to add. I haven't read a single post yet with any substance.

    Just "ignore" each poster you come to that writes jibberish.

    By the way, there is a Yahoo group, known as The Avid Group, in which private, intelligent discussions about Avid take place. It is by invitation only and run by Sal Lucania. Naturally, The Numskulls are not members.

    We don't like to point out too many negatives on this thread, hoping that management will succeed at maximum hype. Still, some do post a few minor odds and ends........like that Avid took over $6 million, net, into income last year by reversing reserves.......see their last 10k.

    It's no big deal as all professional investors know about it........so it was posted here for Numskull digestion.....and to get some laughs from their replies under newly created aliases.....they are a cunning lot.

    Avid is a real belly laugh....and a potential homerun for shorts with patience.

    Good luck.

  • Reply to

    Options Revisited

    by cane_mangia_cane Apr 26, 2003 8:13 AM
    sugarr_daddy sugarr_daddy Apr 26, 2003 3:06 PM Flag

    Gee, so Avid management where issued 15 million shares over the last ten years and today only hold a few thousand?

    Now we have the whole picture.

    The Numskulls are the buyers and Avid management are the sellers.

    A match made in heaven.

    Hahahahahahahahahaaaa

  • Reply to

    Options

    by cane_mangia_cane Apr 24, 2003 1:47 PM
    sugarr_daddy sugarr_daddy Apr 25, 2003 11:08 AM Flag

    read my last post........my last to a brand new Numskull.....or, perhaps to an Old Numskull using an alias.

  • Reply to

    Options

    by cane_mangia_cane Apr 24, 2003 1:47 PM
    sugarr_daddy sugarr_daddy Apr 25, 2003 11:07 AM Flag

    Wrong again, Numskull, and so I must put you on Ignore with the rest of the brainless idiots.

    Read the footnote, dumbell, and you will learn that there are millions of options that HAVE NOT YET BEEN GRANTED but have been approved for grant.

    These are NOT in fully diluted, but being a novice investor who is a Numskull, YOU and your girlfriends don't understand.

    You have been sent to Avid's Numskull Graveyard and will not be allowed to sully my screen.

  • sugarr_daddy by sugarr_daddy Apr 25, 2003 10:49 AM Flag

    If I say so myself....this post is Great.....no surprise here.

    The Numskulls are being fattened like calves.

    Hahahahahahahaaa

  • Reply to

    Options

    by cane_mangia_cane Apr 24, 2003 1:47 PM
    sugarr_daddy sugarr_daddy Apr 25, 2003 10:47 AM Flag

    Another great post summarizing the Avid scam. This post is now in contention with Semper's 7900, 7902, and 7904 posts as the best of 2003.

    This post will never be addressed by The Numskulls.

  • Reply to

    Options

    by cane_mangia_cane Apr 24, 2003 1:47 PM
    sugarr_daddy sugarr_daddy Apr 25, 2003 8:59 AM Flag

    HAHAHAHAHAHAHAAAHAAA!!!!1

    Really Numskull?

    You had better read that very good post once more...perhaps three time.....now put on your thinking cap...


    hahahahhahaahaaa

  • Reply to

    Numskull News

    by sugarr_daddy Apr 25, 2003 8:53 AM
    sugarr_daddy sugarr_daddy Apr 25, 2003 8:56 AM Flag

    Imagine, Numskulls, what it would be like if you owned 100% of Avid........no pump & dump price moves..........just earnings on your investment.

    My grandma already has you beat by a very wide margin under this metric.

    It can't be denied.....Avid management has raped the company and earned nothing for the 100% owner. This owner has lost most of his original investment and is hurting badly.

    Facts are facts........

    PT Barnum was right.....and Avid management knows it.

    Hahahahahahahahaaa

  • sugarr_daddy by sugarr_daddy Apr 25, 2003 8:53 AM Flag

    My grandma's return on her bank CDs have never been beaten by a single pump & dump scheme before and never will. Yes, there were periods during which the pumpers rallied their stocks far beyond fair value, but these values inevitably collapsed and most companies returned to single digits, pennies, or worse. In the end grandma, like the tortoise, beat the hare.

    A fairy tale the Numskulls' mommies told them when they were just tiny imbeciles.

    It's like Deja Vu all over again.......The Numskulls are being fattened for slaughter.

    Hahahahahahahahahaaaa

  • sugarr_daddy by sugarr_daddy Apr 24, 2003 11:25 AM Flag

    Can a Long with superior intellect please explain why Avid's AUDITED tax rate in its recently published 10K is a charge against income of 36% while UNAUDITED 1st Q 03 is just 5%?

    Don't all those Avid loss carryovers work to reduce taxes on AUDITED statements too?

    I wonder?

    Hahahahahahahaaa

    NOW - Back to your cubilcles!

  • sugarr_daddy by sugarr_daddy Apr 24, 2003 11:06 AM Flag

    Hereyee, hereyee!

    The Great Sugarr may choose to refer to The Numskulls henceforth as:

    The Imbeciles, or simply....The Lambs - being led to the slaughter.

    hahahahahahaa

    There's a sucker born every minute - and according to Darwin, someone ready to take them to the cleaners. It's God's Will.

    Hahahahahahahaha

  • sugarr_daddy by sugarr_daddy Apr 24, 2003 11:02 AM Flag

    Gee, I was casually reading Avid's recent 10k and learned, by reviewing the schedule on reserves, that a net $6,379,000 was added to income by - YOU GUESSED IT - reducing reserves.

    hahahahahahaha

    It seems last year's net income of just $2,999,000 would have actually been a whopping LOSS of $3,380,000 without this fantastic smoke & mirrors adjustment.

    And the Numskulls thought Avid was out of tricks.

    Much more may be seen by the educated/seasoned eye.

    NOW! Back to your cubilcles!

AVID
7.50-0.35(-4.46%)Jul 23 3:59 PMEDT

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