Monday, July 2, 2012

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

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@yahoo.com> wrote:

> **
>
>
> Just saw this:
>
> http://www.nasdaq.com/article/avid-technology-to-sell-consumer-businesses-cut-jobs-coo-to-step-down-20120702-00689
>
>
>


[Non-text portions of this message have been removed]



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