HappySam

Avid Technology: Contrarian Position

Avid underperformed during a bull market. Why do you think it will outperform in a bear market?

If you could convince me that the buyers of AVID's software/equipment were not coming under pressure, that their markets were instead expanding and growing then perhaps you may have a case.

Fact is that this is a mature market, margins will continue to contract and low priced competition will destroy their margins.

In my humble opinion