This IS the Avid L2: [Avid-L2] Re: Staff cuts and selling the Consumer side

Tuesday, July 3, 2012

[Avid-L2] Re: Staff cuts and selling the Consumer side

HA!

1.5

--- In Avid-L2@yahoogroups.com, "Terence Curren" <tcurren@...> wrote:
>
> 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]
> > >
> >
>