Saturday, October 29, 2011

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

 


At $6.37 the company has to be worth buying for parts alone. :-(

--- In Avid-L2@yahoogroups.com, "haus" <switthaus@...> wrote:
>
> 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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