Quote:
Originally Posted by nicktammer
I'm not sure people understand that what they're seeing right now, is basically Avid's agony. 200 people just got laid off last week, 120 in 2010, 410 in 2009, that's like 40% of the workforce in the last 30 months ...
Have a look at the nasdaq stock charts (check the 5 years chart)
http://www.nasdaq.com/symbol/avid/interactive-chart
I don't think it's the time to invest big bucks in that company.
There are other options out there, and if they don't work as well, we, the pro audio community will make these options work just the same. |
There you have it.
Someone at the top thinks by milking the true believers that they will survive as a company.
Interesting theory.
I upgraded to plain jane ole 10 and I think it's great and the price was reasonable but the rest of it is unbelievable.
Good luck avid, and I mean it!