Saturday, March 2, 2013

Re: [Avid-L2] Avid needs to become a PRIVATE company!

The Adobe cloud set-up is pretty great.
Photoshop CS6 with 3D is really good (though the 3D still needs some work… and/or I need a tutorial!), and there are improvements to After Effects that make it worth it in my book too. Plus Acrobat Pro . . . And of course Premiere -- though I just fired it up in earnest for the first time the other day and found myself hoping Avid would borrow from it in some areas, but overall being very happy to be cutting with Media Composer. Hmmm… maybe Adobe can buy Media Composer/Symphony? Might be a good thing.

B
>

----
Benjamin Hershleder
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On Mar 2, 2013, at 8:49 AM, Greg Huson wrote:

> I finally cracked and shelled out the $30 for creative cloud. I don't know about PP, but media encoder is worth the price of admission alone. New ps and ae nice, too.
>
> ________________________
> Greg Huson
> Secret Headquarters, Inc
> Greg (at) SecretHQ.com
> www.SecretHQ.com
> DigitalServicsStation.com
>
> On Mar 2, 2013, at 8:39 AM, op owen@thenowcorporation.com> wrote:
>
> > Damn! actually considering taking the time to learn Premiere pro.
> > it's a shame because MC 6.5..2 or .3 whatever the latest is , is real good!
> >
> > Owen
> >
> >
> >
> > On Mar 2, 2013, at 10:55 AM, "jeffsengpiehl" jeffsengpiehl@yahoo.com> wrote:
> >
> >> Avid needs to become a PRIVATE company, and back to the business of making US happy, not investors or analysts. You know.. the CORE Business.
> >>
> >> http://www.thestreet.com/story/11855534/1/the-five-dumbest-things-on-wall-street-this-week-march-1.html?puc=yahoo&cm_ven=YAHOO
> >>
> >> 5.) Avid Cuts Out
> >>
> >> For a company that designs products to help editors, Avid Technology (AVID_) sure is having a tough time cutting the crap.
> >>
> >> See if (MSO) is in our portfolio
> >>
> >> Shares of Avid got eviscerated Monday, falling almost 9%, after the company postponed its fourth quarter earnings announcement originally scheduled for Tuesday due to accounting questions. Avid said it was investigating current and historical accounting treatment "related to bug fixes, upgrades and enhancements to certain products which the company has provided to certain customers."
> >>
> >> Avid added that its need to reopen its books arose during the company's "normal review" of its financial results for the fourth quarter and full year 2012. Prior to Avid's indefinite earnings deferral, analysts expected the company to post fourth-quarter earnings of 12 cents per share.
> >>
> >> Um, excuse us guys, but is that the same quote unquote normal review which led to the sudden resignation of your former CEO, chairman and president Gary Greenfield last month? We honestly couldn't tell from the SEC filing.
> >>
> >> Well, to be precise, Greenfield is not so much quitting the company as opposed to kicking himself upstairs where he will get paid the same ridiculous $1 million salary for doing even less work. Shares of Avid now trade below $7 a share, or about a quarter of what they were when Greenfield joined the company in December 2007.
> >>
> >> Still, we were wondering at the time why Gary gave up his position without a decent explanation, so perhaps now we know.
> >>
> >> Or perhaps we don't. We have no idea what to believe from these folks. And we can only imagine that the "certain customers" Avid refers to in its press release have even more questions than us.
> >>
> >> That said, to be fair, there are announcements that we can trust from Avid without reservation. Check out the sheer drops in the company's stock nearly every quarter last year and you'll see what they are.
> >>
> >> Yep. Negative earnings pre-announcements.
> >


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