Saturday, October 29, 2011

[Avid-L2] Re: [pr] Avid reports 3rd quarter earnings

 

I just wonder what kind of pictures the marketing team must have at Avid to keep their jobs! ;-) I mean seriously. Stock price at $6.37? This is a company in trouble.

--- In Avid-L2@yahoogroups.com, Dennis Degan <DennyD1@...> wrote:
>
>
> On Oct 28, 2011, at 4:41 PM, Terence Curren wrote:
>
> > Of course. Income is down so it must be the engineers fault. It
> couldn't have anything to do with marketing and sales..... :-(
>
> I say:
>
> You know how these business geniuses think: Engineering people
> represent COSTS. Sales people represent REVENUE. Laying off
> engineers is short-term logic used to cut costs quickly. It doesn't
> work long-term, but they don't care about that.
>
> Dennis Degan, Video Editor-Consultant-Knowledge Bank
> NBC Today Show, New York
>

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