One could see this coming for a long time. My feeling is that this is just one in a series of big changes coming for Avid in the next several months...something has got to give.
sw
--- In Avid-L2@yahoogroups.com, "Dave Spraker" <avid@...> wrote:
>
> Oooops...
>
>
>
> Sorry about that. New mail client.
>
>
>
> - Dave
>
>
>
> _____
>
> From: Avid-L2@yahoogroups.com [mailto:Avid-L2@yahoogroups.com] On Behalf Of
> Jim Feeley
> Sent: Monday, July 02, 2012 1:34 PM
> To: Avid-L2@yahoogroups.com
> Subject: Re: [Avid-L2] Staff cuts and selling the Consumer side
>
>
>
>
>
> Revenue vs profits? Considering all the hardware M-Audio moves, I'll guess
> the margins are thinner than with software.
>
> Jim Feeley
> PS- Dave, can you change your email settings so your posts don't show up
> with "Avid" in the "from" line? Or am I the only one seeing Dave's posts
> that way?
>
> On Jul 2, 2012, at 1:28 PM, [Not Avid] wrote:
>
> > I don't read those things all the time but something seems weird to me.
> > The consumer division brought in $91 million worth of revenue last year
> and
> > they are selling it for $21 million - which is the charge they will take
> > for selling it? Gotta be another sale coming...
> >
> > - Dave
> >
> > On Mon, Jul 2, 2012 at 12:08 PM, KBod <KMBodner@...
> <mailto:KMBodner%40yahoo.com> > wrote:
> >
> >> **
> >>
> >>
> >> Just saw this:
> >>
> >>
> http://www.nasdaq.com/article/avid-technology-to-sell-consumer-businesses-cu
> t-jobs-coo-to-step-down-20120702-00689
>
>
>
>
>
> [Non-text portions of this message have been removed]
>
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