Wednesday, June 30, 2010 11:32:47 AM
I detect a tone of snarkiness in your response to my final share price expectations. If I'm wrong, I apologize.
However, if I'm right about your tone, I ask you to please not shoot the messenger. I bought in the high threes because I saw another pattern that I thought would play out. It didn't.
I shared my expectations about $1.90 to $2.00 to be helpful (or at least try to be) for those who were thinking about buying more. How much I'll buy at $2.00 is my personal business.
Personally, I think the announcement today of a July 14th 4th quarter conference call, amidst this carnage, is a net positive.
I think the present valuation of this company at these levels is absurd, and is simply another display of the inefficiency of the market. AVID is potentially worth more than the present PPS.
Good luck.
Sean
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