Quote:
Originally Posted by the dude
It's because this can be used as a crystal ball and interesting enough to make you wonder how long a company can bleed
Since we're all investors in the product, the corporate side is showing signs of a future using alternate products
I'm not a finance specialist in any way, just make a living around the products
http://money.cnn.com/quote/quote.html?symb=AVID
The fact it's down 64% (52 weeks ) makes me wonder what is really going on, along with the lack of enthusiasm in the current avid products path and conjunction with this info in the link makes you wonder what will be ?
Link 2 |
Hi,
Once a company announce a new product line, no one buys anything, instead wait for the new product!!
Another reason why avid should have planned the transition better and encouraged people to keep buying with incentives to upgrade when it comes or get better deals on the current products. But as we see, anyone who buy a hd system now will have about one year and thats your lot!!
Chris