2013/02/27 02:49:27
Rain
http://www.pro-tools-expe...ogy-inc-announced.html

I know nothing about finances and all that stuff, but this can't be good, can it?
2013/02/27 02:51:59
sharke
I don't understand finance either, but the words "investigation," "violations," "breaches," "shares" and "plummeted" stuck out like sore thumbs 
2013/02/27 02:55:24
Rain
The last line says a lot:

Pro Tools Expert is an independent support community and is not affiliated with Avid Technology.






When even the fanboys and the users community formally dissociate themselves from the manufacturer...
2013/02/27 05:29:11
ProjectM
Better safe than sorry I guess

I wonder what's going on over there. It seems like they have some financial issues, not really related to sales, but to bad financial control within the company.

Imagine if Avid went bancrupt, that would change everything
2013/02/27 06:00:56
Rain
Doesn't help that Avid's web site just went down... :s
2013/02/27 06:04:25
ProjectM
Hmmm... still works over here. The US site.

All of them actually. Perhaps they're downgrading the servers or they're being bombarded by users who need to download softwre for back up purposes, causing some instabillity along the way
 
 
 
And speaking of conspiracy theories....
 
 
 
 

2013/02/27 06:18:30
trimph1
Yeah...I kind of had a s u s p i cion that something was up...when you announce that your 4th quarter earnings reports will be 'delayed indefinitely' investigations usually happen
2013/02/27 07:46:54
The Maillard Reaction


 Stock holders are incensed to learn that Avid is performing bug fixes for major Hollywood film studios for no extra charge while Avid seemingly ignores the massive profit potential of developing Media Composer and Pro Tools for the iOS platform.

 Watching other businesses sell other things the company they have invested in doesn't even make must be driving some stock holders crazy. 


:-) 



2013/02/27 13:56:45
spacealf
Looks like their stock is going down, and shareholders are wondering what the company is doing since it is not putting out a report on earnings for the 4th quarter of last year.
2013/02/27 14:11:27
bapu
Is SONAR #1 now?
© 2026 APG vNext Commercial Version 5.1

Use My Existing Forum Account

Use My Social Media Account