[Tim Wilson] “Take stock out of the picture. NOW what’s wrong with Avid? Nothing that can’t be fixed.
“
You can’t. The company runs on the price of the stock. You just can’t do that.
[Tim Wilson] “They’re publicly taking input on feature requests, publishing the results, and holding themselves accountable for future outcomes. Apple sure ain’t. That’s not about money.”
Pardon my french, but this is bulls**t. This is PR. It’s about money. You think Louie Hernandez is doing this for the good of Avid editors in LA? No way. He is in it for the stock price (btw, he sold about 9,000 shares recently). It’s rosy to say that it’s all about customer engagement, but it’s not, It’s about ROI for the investors.
[Tim Wilson] “Avid is hosting advisory boards with customer-selected representatives from every major market the company serves.”
If you talk to some of those members, this too is not as rosy as it seems.
[Tim Wilson] “having made more from investing than”
Excellent! Avid was one?
[Tim Wilson] “Besides, if we were choosing NLEs by stock performance, we’d all be using Premiere Pro.”
I never said that. I was referring to Olivers statement about Adobe in a financial magazine. Pick an NLE that works and hope the company sticks with it.
[Tim Wilson] “Avid’s customers are saying that Avid is doing better than the market says.”
As well they should and hope but that does not mean alot if the numbers aren’t there. The real deal is in the numbers.
Scott Witthaus
Owner, 1708 Inc./Editorial
Managing Partner, Low Country Creative LLC
Professor, VCU Brandcenter