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Wednesday, July 13, 2005

AVID's house comes tumblin' down (AVID)

I've been negative on AVID for over a year now (how many TV stations can they upgrade anyways?). I haven't paid attention to the company lately which is too bad, because they definitely surprised the Street with this guidance update. Down over $10 in after hours trading.
Ouch.

2 Comments:

At 8:14 PM, Anonymous Shakir Razak said...

Hi TechTrader,

As a counter-investment to AVID, you might be interested in a small UK company called Forbidden Technologies - its doing exactly the stuff that AVID and its peers should have naturally evolved to do, instead of relying on hardware proprietory.

Shakir Razak

 
At 8:16 PM, Anonymous Shakir Razak said...

Hi TechTrader,

As a counter-investment to AVID, you might be interested in a small UK company called Forbidden Technologies - its doing exactly the stuff that AVID and its peers should have naturally evolved to do, instead of relying on hardware proprietory.


Shakir Razak

 

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