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Awww.......waaaaahhhhh!!!!!! [message #73153]

Wed, 27 September 2006 13:27

animix

Messages: 356
Registered: September 2006

Senior Member

http://www.forbes.com/2006/09/26/avid-technology-update-cx_r s_0926markets04.
html?partner=yahootix

>Shares of Avid Technology (nasdaq: AVID - news - people ) fell roughly 14%
in Tuesday afternoon trading, after the company, which makes editing
products for digital media, said its audio business was struggling during
the third quarter.

The reason: a sales dip of its Pro Tools HD editing software.<

Nyuk!.....nyuk!.....;o).............hosed by Apple

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Re: Awww.......waaaaahhhhh!!!!!! [message #73154 is a reply to message #73153]

Wed, 27 September 2006 14:09

animix

Messages: 356
Registered: September 2006

Senior Member

"DJ" <notachance@net.net> wrote in message news:451adee3$1@linux...
>
http://www.forbes.com/2006/09/26/avid-technology-update-cx_r s_0926markets04.
> html?partner=yahootix
>
> >Shares of Avid Technology (nasdaq: AVID - news - people ) fell roughly
14%
> in Tuesday afternoon trading, after the company, which makes editing
> products for digital media, said its audio business was struggling during
> the third quarter.
>
> The reason: a sales dip of its Pro Tools HD editing software.<
>
> Nyuk!.....nyuk!.....;o).............hosed by Apple
>
Actually....not really hosed by Apple so much as hosed by bigger faster
CPU"S and Apples acquisition of Logic , but I'll bet that FCP has also taken
a huge bite out of the AVID video market as well.

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