I'd bet that Avid is still making money in the shared storage area. They are moving a lot of Isis systems in LA. It's almost like they are becoming a server company…. D'oh!
--- In Avid-L2@yahoogroups.com, "haus" <switthaus@...> wrote:
>
>
> 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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