InterVideo Stock Takes a Hit!

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  • Jerry Jones
    Super MURCer
    • Sep 1999
    • 3419

    #1

    InterVideo Stock Takes a Hit!

    "InterVideo Inc. said Wednesday it swung to a second-quarter profit from a year-ago loss, but the digital audio and video software provider issued third-quarter guidance below Wall Street expectations, sending shares plunging nearly 15 percent in the aftermarket session."

    More here:

    http://tinyurl.com/zfyfc

    I would be willing to bet they'll bounce back.

    Their software is great.

    I'm using MediaStudio Pro and VideoStudio and VideoGraphics Lab with great success.

    Jerry Jones
  • Dr Mordrid
    Moderator
    • Apr 2001
    • 26592

    #2
    Most multimedia s/w stocks are taking a hit, even Avid was down a similar amount. Two reasons I see;

    1. too high estimates by the analysts

    2. weakening volume

    #2 is a cyclical thing while #1 is endemic to the current crop of analyists. Can't do much about them
    Dr. Mordrid
    ----------------------------
    An elephant is a mouse built to government specifications.

    I carry a gun because I can't throw a rock 1,250 fps

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