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EDIG has been ahead of the market in concept,
yet behind in execution.
Frustrating, yet these are the growing pains of which we hear so much about with emerging companies. The fact remains that the HDD MP3 player market is still up for grabs, is a growing market and EDIG has a very competitive offering with more bells and whistles than its competitors.
Issues like size and firmware upgrades have real short term solutions which are being addressed right now, so this market is still at hand.
Get us to a point where the etail model delivers us from debt, then execute on several new business fronts and this becomes a nice opportunity once again.
Answering the cries for profitability and fiscal responsibility while continuing to target global markets, and EDIG becomes attractive once again.
Will it get done ??? See you in November.
Had EDIG been in the ipod,
what would we be looking at today ?
They ARE in Bang & Olufsen's Beosound2, so it's not out of the realm of discussion or possibilities.
That would have made much of the speculation of the early days
very real and this company would be soaring today rather than sinking.
We are that close to the market perception shifting back to one of possibilities and profits rather than doom and gloom.
Apple is not the only game in town. But they HAVE demonstrated the market potential for this product line and yet only cater to a mere 3% of the market.
One significant OEM or the ECLIPSE gaining market success after this summer launch and being incorporated into factory installation a couple of years down the road and what is it that we are looking at today ? One big fat opportunity coupled with a chunk of risk, that's what. (and I didn't even mention IFE or WIRELESS)
The possibilities for this company's technology to find an "ipod-like niche" are very real, IMO.
Chin up folks, it's far from being over.
The truth regarding valuations ?
What model is the market providing us with today ?
When unproven IPOs were skyrocketing, not unlike PALM, valuations adjusted upward. Based on today's market, after a 3 year down turn and a new market model, your case can be made. But is it going to hold in light of the company's success in new markets ?
What's your house worth ? The material costs vs the market value ? Most could make a case to sell all real estate when looking with that perspective, but that's not the case.
As long as investors are still jaded by the effects of the market downturn and buy 10K with the notion to flip it for a nickel, I doubt we are at a place where we can expect to see the PPS move to make much of a difference in anyone's portfolio.
There's no price fixing here. It's a market and that will dictate PPS based on evolving events. If you think that success in any or all of these markets could generate enough business to get EDIG noticed then this is a very interesting price point to step up into if you have been following this company for sometime.
For traders I doubt EDIG is worth a look due to the tight spread and low volume, and it appears our basher ranks continue to diminish.
The company who comes up with a SARS cure or locks a major OEM into a high profile deal will continue to get noticed by this market.
EDIG needs to execute no doubt, but the fact remains that if any one of several of its target markets hit, this is a whole new ballgame, and you can throw your case of rational vs irrational out the window, because the market will valuate the company based on potential and future revenues, not the balance sheet of 2002.
fred, it isn't quite that simple.
Had the company been able to execute its business plan, the financing would probably not been an issue, afterall, $4 million ???
Collier was looking to be doing $37 million by now.
However, circumstances changed.
Explain why the bulk of the market also had the steep decline in PPS during this same time period.
It wasn't due only to the financing. Try lack of business in a shrinking market, financing or no financing.
OT: Maybe their job is done
or they have positioned for the next leg up.
Special report
Dirty tricks in U.S. otcbb stocks
SEC Regulation S allows US public companies to sell
shares of their stock very
quickly. The rule was originally intended to help
growing companies to raise money
without time consuming and costly regulatory
interference. Unfortunately, Reg S has
instead been used as one of the most common conduits
for securities fraud. Reg S
shares are typically sold at a significant discount to
the current market price because
they can only be sold overseas to non-US individuals
and investment entities. The
other major catch is that they can not be resold into
the US market for a specified
period, usually 45 days from the date of closing. The
idea is that the company can raise
money quickly with a minimum of regulatory
requirements and the newly issued stock
does not flood the market. Unfortunately in practice,
this has often not been the case.
Some of the buyers of Reg S shares have actually been
Americans hiding behind
ownership in offshore investment companies. The
biggest problem with Reg S shares,
however, have been violations of the required hold
period. Because the Reg S shares
are sold at a discount to the current market price,
there is a huge temptation for the
buyer to quickly resell the stock into the open market
to capture and pocket the
difference. This is difficult to do since the
certificates are restricted. What is often done
instead is the stock certificate is deposited in a
foreign brokerage account (often
Canadian) and then a like amount of shares are sold
short. This immediately "locks in"
the full amount of the difference between the discount
sale and the current market
price, minus commissions and margin interest. When the
required hold period is up, the
now unrestricted certificate is turned over to the
transfer agent and the short position is
eliminated. Technically, this is not "naked shorting"
but "covered shorting" because the
seller owns the same amount of shares it has sold
short. It has the same overall effect
on the stock, though, especially since the stock is
sold so quickly and without the
requirement of public filings current shareholders
usually know nothing about it. The
SEC recognizes that Reg S abuse has been a huge
problem. They have begun to take
steps to clean up the Reg S market.
The convertible securities that are such a problem for
OTCBB companies are often
called "death ride" or "death spiral" convertibles.
Normal convertibles give the holder
the right to convert the first security (either a
stock or a bond) into another type of
security (usually common stock) at a given price
(i.e., since the price is fixed, the total
number of shares underlying the convertible instrument
is a known quantity. Death
Ride's, however, are not convertible at a given price
per share but instead at the
number of shares required to meet the face value of
the convertible instrument. For
instance, if the convertible is preferred stock worth
$1000 and the common stock is
worth $1, then the convertible is worth 1000 common
shares. However, if the common
stock subsequently declines to 50 cents, then the
preferred is now convertible into
2000 shares. What some buyers of the death rides do is
to play them like they do Reg
S shares. They deposit the convertible shares into a
brokerage account and then short
sell a like amount of the common stock. The short
selling activity helps drive the
common share price lower, which means the convertible
is worth a higher amount of
common shares. The additional common share equivalent
is then sold short, driving the
share price even lower. This almost never-ending cycle
is why these instruments are
called "death spirals". Since the short sellers own
the convertibles, this is also
considered by many to be covered shorting and not
naked. If the issuer of the
convertibles is on the Federal Reserve list of
marginable securities, then the owner can
conduct their shorting with a U.S. brokerage. If the
issuer is traded on the OTCBB, then
they will often use a Canadian brokerage because, in
certain situations, they do allow
shorting OTCBB securities.
Most individual investors cannot -legally- short
bulletin board stocks in the US.
There are several reasons why, but for this discussion
I think it is enough to say it
really is not done. If anyone doesn't know why, ask
your broker or drop me a line and I
will explain it further. Although individual investors
cannot short these stocks, market
makers can. Market makers can go short on any stock as
long as it is related to ""bona
fide market making activity" (Rule 3350). Naturally,
the key is the term "bona fide". The
NASD manual clearly states that market makers should
not go short a security simply
for speculative purposes. However, there are several
market makers widely known to
do almost nothing but short stocks for their own
account. NASD rules make it extremely
easy for a market maker to begin making a market in
any stock very quickly, so these
particular MM's often show up suddenly in many hot,
high-flying OTC stocks. When
they do, it is a pretty good indication that they
stock price will soon be under pressure
and it is a good time to take a hike. Besides the fact
that market makers are
professionals and some do a efficient job identifying
overpriced stocks, they also have
very deep pockets. Considering the average OTCBB stock
has a tiny market
capitalization, it doesn't take much to help nudge a
stock one way or the other.
Finally, we come to the last form of shorting, the
so-called "naked" shorting. Yes, it
does occur in OTCBB stocks. Yes, Canadian exchanges do
allow for shorting of
OTCBB shares. However, the actual amount of shorting
in these shares by individuals
is probably a lot less than most people think. For
some reason, every time an OTCBB
stock goes down it seems someone starts screaming
"naked shorts". The facts are that
although Canadian securities regulations do allow
OTCBB and other low priced shares
to be both marginable and shortable, the amount of
collateral required is large. For
instance, to short an OTCBB stock selling for under 50
cents per share, Vancouver
Stock Exchange rules require the account must have
credit equal to the market value of
the shorted stock plus 50 cents per share. Can an
American short OTC BB shares this
way? This is where it gets sticky - US regulations say
no. This is almost certainly one
of several areas in which the ongoing SEC
investigation of Canadian brokerage firms is
focusing upon. More on this later.
Just about every stock promoter likes to trot out the
"naked shorting" excuse when
the stock they are hyping is falling. With 20/20
hindsight (and some help from
regulators' legal briefs) we can often see that these
same stock were declining not
because of "naked shorting" but because insiders,
control persons as well as the
promoters themselves were dumping huge blocks of stock
into the open market. Thus,
they were using the "naked shorting" excuse to cover
their tracks and perhaps entice
gullible investors into buying more of the stock,
which is likely the promoter's own
shares. Often, this selling and shorting is being done
through Canadian brokerages.
I like that the O-1000 got first mention (any mention for that matter) in the ipod article as a comparable product. Seems this little company continues to have an increased profile among the bigger players in this growth market.
No doubt about it that HDD MP3 players have captured wallstreet's eye as a viable product success.
When they shrink the O-1000 in its next version, I would expect only better results in the market.
I know the holiday season has been a missed target for years but could this finally be a year when they have a highly competitive and recognized player AVAILABLE, on schedule ?
Keep those articles and reviews a comin'.
Seen Laptop Magazine's coverage ? Little by little until more of these projects reach a higher level of maturity.
The $35 is not the entire issue...
it's the hassle, considering its an included feature with the competition.
Apple sells to a captive audience. The Windows audience, since considerably larger and representing a broader demographic, will likely be more selective, looking for features and value.
rr, this has been a topic of discussion for years.
No one on this thread discovered it. Just read this concise article and posted it from another chatroom for reference.
Did she have evidence that this was the case with EDIG ?
Biased ? Just a tad...
Had this circumstance been reversed, you think the critic would have cut EDIG slack ?
"But a little more than a week ago, Griffin Technology started shipping an iPod FM device that sells for $35. Sure, it's only an add-on, but it neutralizes Odyssey's greatest advantage".
So right after spending $500 on my ipod, I get to run out to Griffin Technology (who ?), spend $35 more and adapt that to my new player ?
Is that all it takes to neutralize the robust tuner in the Odyssey 1000 ?
Can you imagine the reverse situation ?
OT on the subject of whether or not you can short an OTCBB
Special report
Dirty tricks in U.S. otcbb stocks
SEC Regulation S allows US public companies to sell
shares of their stock very
quickly. The rule was originally intended to help
growing companies to raise money
without time consuming and costly regulatory
interference. Unfortunately, Reg S has
instead been used as one of the most common conduits
for securities fraud. Reg S
shares are typically sold at a significant discount to
the current market price because
they can only be sold overseas to non-US individuals
and investment entities. The
other major catch is that they can not be resold into
the US market for a specified
period, usually 45 days from the date of closing. The
idea is that the company can raise
money quickly with a minimum of regulatory
requirements and the newly issued stock
does not flood the market. Unfortunately in practice,
this has often not been the case.
Some of the buyers of Reg S shares have actually been
Americans hiding behind
ownership in offshore investment companies. The
biggest problem with Reg S shares,
however, have been violations of the required hold
period. Because the Reg S shares
are sold at a discount to the current market price,
there is a huge temptation for the
buyer to quickly resell the stock into the open market
to capture and pocket the
difference. This is difficult to do since the
certificates are restricted. What is often done
instead is the stock certificate is deposited in a
foreign brokerage account (often
Canadian) and then a like amount of shares are sold
short. This immediately "locks in"
the full amount of the difference between the discount
sale and the current market
price, minus commissions and margin interest. When the
required hold period is up, the
now unrestricted certificate is turned over to the
transfer agent and the short position is
eliminated. Technically, this is not "naked shorting"
but "covered shorting" because the
seller owns the same amount of shares it has sold
short. It has the same overall effect
on the stock, though, especially since the stock is
sold so quickly and without the
requirement of public filings current shareholders
usually know nothing about it. The
SEC recognizes that Reg S abuse has been a huge
problem. They have begun to take
steps to clean up the Reg S market.
The convertible securities that are such a problem for
OTCBB companies are often
called "death ride" or "death spiral" convertibles.
Normal convertibles give the holder
the right to convert the first security (either a
stock or a bond) into another type of
security (usually common stock) at a given price
(i.e., since the price is fixed, the total
number of shares underlying the convertible instrument
is a known quantity. Death
Ride's, however, are not convertible at a given price
per share but instead at the
number of shares required to meet the face value of
the convertible instrument. For
instance, if the convertible is preferred stock worth
$1000 and the common stock is
worth $1, then the convertible is worth 1000 common
shares. However, if the common
stock subsequently declines to 50 cents, then the
preferred is now convertible into
2000 shares. What some buyers of the death rides do is
to play them like they do Reg
S shares. They deposit the convertible shares into a
brokerage account and then short
sell a like amount of the common stock. The short
selling activity helps drive the
common share price lower, which means the convertible
is worth a higher amount of
common shares. The additional common share equivalent
is then sold short, driving the
share price even lower. This almost never-ending cycle
is why these instruments are
called "death spirals". Since the short sellers own
the convertibles, this is also
considered by many to be covered shorting and not
naked. If the issuer of the
convertibles is on the Federal Reserve list of
marginable securities, then the owner can
conduct their shorting with a U.S. brokerage. If the
issuer is traded on the OTCBB, then
they will often use a Canadian brokerage because, in
certain situations, they do allow
shorting OTCBB securities.
Most individual investors cannot -legally- short
bulletin board stocks in the US.
There are several reasons why, but for this discussion
I think it is enough to say it
really is not done. If anyone doesn't know why, ask
your broker or drop me a line and I
will explain it further. Although individual investors
cannot short these stocks, market
makers can. Market makers can go short on any stock as
long as it is related to ""bona
fide market making activity" (Rule 3350). Naturally,
the key is the term "bona fide". The
NASD manual clearly states that market makers should
not go short a security simply
for speculative purposes. However, there are several
market makers widely known to
do almost nothing but short stocks for their own
account. NASD rules make it extremely
easy for a market maker to begin making a market in
any stock very quickly, so these
particular MM's often show up suddenly in many hot,
high-flying OTC stocks. When
they do, it is a pretty good indication that they
stock price will soon be under pressure
and it is a good time to take a hike. Besides the fact
that market makers are
professionals and some do a efficient job identifying
overpriced stocks, they also have
very deep pockets. Considering the average OTCBB stock
has a tiny market
capitalization, it doesn't take much to help nudge a
stock one way or the other.
Finally, we come to the last form of shorting, the
so-called "naked" shorting. Yes, it
does occur in OTCBB stocks. Yes, Canadian exchanges do
allow for shorting of
OTCBB shares. However, the actual amount of shorting
in these shares by individuals
is probably a lot less than most people think. For
some reason, every time an OTCBB
stock goes down it seems someone starts screaming
"naked shorts". The facts are that
although Canadian securities regulations do allow
OTCBB and other low priced shares
to be both marginable and shortable, the amount of
collateral required is large. For
instance, to short an OTCBB stock selling for under 50
cents per share, Vancouver
Stock Exchange rules require the account must have
credit equal to the market value of
the shorted stock plus 50 cents per share. Can an
American short OTC BB shares this
way? This is where it gets sticky - US regulations say
no. This is almost certainly one
of several areas in which the ongoing SEC
investigation of Canadian brokerage firms is
focusing upon. More on this later.
Just about every stock promoter likes to trot out the
"naked shorting" excuse when
the stock they are hyping is falling. With 20/20
hindsight (and some help from
regulators' legal briefs) we can often see that these
same stock were declining not
because of "naked shorting" but because insiders,
control persons as well as the
promoters themselves were dumping huge blocks of stock
into the open market. Thus,
they were using the "naked shorting" excuse to cover
their tracks and perhaps entice
gullible investors into buying more of the stock,
which is likely the promoter's own
shares. Often, this selling and shorting is being done
through Canadian brokerages.
mpio HD100
DigitalWay HD100 20GB mp3/wma digital jukebox with FM tuner, voice recorder, USB2.0, carry case, headphones, USB cable, RCA stereo cable, mains adaptor, s/w & docs. more info...
Price: £299.99 including VAT at 17.5%
27 in stock as of May 7, 2003, 12:59 PM
notechie, I didn't say it was the perfect product. Have you seen the Rio Riot ?
The O-1000 is by far EDIG's best effort yet, garnering attention from reviewers and getting a direct comparison to the group leader.
The ipod has already undergone a transformation, so its designers saw room for improvement there as well.
If the start up issue is correctable via a free firmware upgrade, why would you want anymore delays to market ?
We do need an OEM, no question about it.
EDIG does not have battery issues, thank goodness, which would be very troubling.
I too would like to see the size reduced in the next generation.
2000/month...first things first.
Tell it to Michael Dell.
He had a bigger hill to climb.
This is the beginning of the evolution of the HDD MP3 player and a major computer company is behind the movement to make this segment grow and has done a good job educating the consumer. They control 3% of the computer market. There is room for continued growth, far beyond these levels.
Focus on the fact that the reviewer had trouble with VoiceNAV, if you wish. I doubt any non-ediggers know what voiceNAV is. But they do understand great sound, FM and $350 for 20 gigs vs $500 and no FM.
Hopefully online sales will continue to grow this summer as a result of continued exposure, and EDIG will hit its target of 2000 units/month in the short term.
sricket, I wonder if the Apple crowd is down on everything Apple because they got a negative review regarding sound quality...just a minor issue. Or are they focusing on the positives of venturing into a new market opportunity, dealing with the growing pains, but moving forward, none the less ??
"All hail Apple’s iTunes Music Store. It’s very well thought out, and beautifully executed. If only as much thought had gone into the sound quality, which is far from beautiful.
Think EDIG investors would be crapping in their pants if sound quality was an issue ?
chwdrhed, my post was a discussion of the article. I think it was fairly obvious to what article to which I was referring.
Funny how worried so many are here to think anything positive is a negative.
As long as that mentality prevails, the PPS will have a very hard time moving anywhere.
Sent,
The article was right there, in its entirety, for everyone to read for themselves. The discussion ensues.
As you can see, everyone focuses where they choose.
My point was to point out the positives where the O-1000 was being compared to the ipod.
I didn't think the article was that in-depth, by the way, and I felt they down played the ipod negatives, FWIW.
There was a time when we scoured the internet looking for even the slightest EDIG mention. Now we are being compared to the market leader.
Whether or not this reviewer was able to get the voicenav to work, the point is that the ipod doesn't even offer the feature.
Mine works.
For an extra $35 you can get an add-on FM radio feature for your ipod...
HOW CONVENIENT,
Love how they downplay that...
"When I asked to sample the Odyssey, it was one of the only devices I'd heard of that combined digital music with a radio. But a little more than a week ago, Griffin Technology started shipping an iPod FM device that sells for $35. Sure, it's only an add-on, but it neutralizes Odyssey's greatest advantage. And, of course, the iPod is available for Macs and Windows; the Odyssey is limited to the latter."
Here are the good points: The sound quality is great and the robust tuner accepts 12 station presets, more than one could ever use in this nothing's-on era of shrink-wrapped radio. The voice recorder adequately snares voices at 15 feet, good enough to take down the minutes of your next meeting, even if the meeting goes on for days: The manufacturer, e.Digital of San Diego, says 16 hours of talking will fill only one gigabyte and the Odyssey gives you 20.
As e.Digital boasts, that translates to as many as 10,000 songs. Even with the added functions, the Odyssey's suggested price of $350 is $50 less than the 15- gigabyte iPod announced by Apple on Monday.
Make that $85 less than the 15 gig ipod if you want FM.
Q: Where will the Odyssey 1000 be sold?
A: In the U.S., we will sell the Odyssey 1000 through our online store (www.edigital-store.com). Additionally, we are negotiating with OEMs who are interested in branding the product for the U.S. retail market. Digitalway is marketing their version of our Odyssey 1000 worldwide to OEMs and plans to sell it under their MPIO brand name in Asia.
Licensing of the Odyssey 1000 to OEMs and/or private labelers will be done by e.Digital, and will generate licensing and royalties for us. We also expect to have our tagline (Powered by e.Digital TechnologyTM) or e.Digital logo on the product and/or in the marketing materials on variations of the Odyssey 1000 expected to be licensed and branded by OEMs.
I'm not. That seems rather low to me...
I think EDIG licensed only the platform to B&O, not the design.( not sure of the licensing agreement between EDIG and DWY)
Although I am just guessing, I would think they are looking substantially higher than that number, considering the O-1000 is an EDIG product(unlike the Beosound 2, whereby they only license the platform).
My guess, low end $8-10 and high end $27.
mrbanjor, I think they are trying to do just that.
They are in this months Laptop magazine as one of the newest product offerings with a nice picture and blurb, and it appears that this month will bring us news of the Odyssey 1000 being marketed under an OEM.
http://www.investorshub.com/boards/read_msg.asp?message_id=977745
With a limited marketing budget, there is only so much that can be done, but thanks to Apple's recent headlines, more attention is being drawn to the Odyssey 1000.
Management has stated the 2000 units/month target looks to be happening and hopefully it continues to grow from there.
Due to the substantial margins the etail business model yields, modest volume can still produce results that are better than we have seen to date.
We have seen news of Bang & Olufsen, another of EDIG's customers, playing off of the Apple news, so I would assume EDIG will attempt to leverage that opportunity as well.
PRODUCT REVIEWS:
Product review CNET.com: "Score - 8 of 10"
CNET.com: "The top 10 gadgets you shouldn't go without"
Mobilemag.com: "MPIO HD100 Establishes New Standard In Digital Entertainment"
PCWORLD.COM: "New MP3 Player Ready to Rival IPod"
(MPIO HD100 is called "eDigital Odyssey 1000" in the US)
Back on the flash front...
SD Memory Card Overtakes Memory Stick in Retail Sales
PRNewswire
May 5, 2003 (9:32 a.m. ET)
/PRNewswire/ -- Consumer demand for higher capacity and faster access removable media propelled the SD Memory Card to 400+ percent growth in 2002 -- with early indications that strong growth will continue in 2003. According to The NPD Group, a global market information company, SD Memory Cards captured approximately 23% of the industry's approximate $81 million in US retail sales in January and February combined -- overtaking Memory Stick media and -- in less than three years -- positioning itself as the emerging de facto industry standard. With continued technological advancement, including the 2003 introduction of a 1GB SD Card, SD I/O peripherals and miniSD(TM), SD is the clear choice for consumers' digital lifestyle needs. As of March 4, 2003, there were 943 products that used SD Memory Cards, carrying 105 of some of the world's best-known brands in 30 product categories. The SD Memory Card protects the consumer's investment in equipment for both existing and future products with compatibility from 8MB to 1GB and beyond, including miniSD. "SD has always been synonymous with innovation, and this is evident by the 550+ companies supporting the SD format through the SD Card Association, and the continued consumer demand which has increased more than five fold last year alone, " said Ray Creech, president of SDA. "SD's market success is based on the strength of the format -- its proven technology, its innovative form factor, and its capability to meet the demands of shrinking digital products." In March 2003, the SD Card Association introduced the miniSD Card to address the market's demand for ultra-small media to enable ultra-small devices, such as next generation mobile phones. MiniSD -- based exclusively on existing SD Memory Card architecture -- is a thumbnail-sized card that will serve the storage requirements of next generation mobile phones. The miniSD Card will operate seamlessly with existing products through a passive adaptor. "Consumers are gravitating to SD based on form factor, price, wide availability, and extensive interchangeability among consumer digital electronics," said Peter S. Kastner, chief research officer of Aberdeen Group, Inc., a Boston-based market research firm. "The rapid consumer adoption of MP3 players, personal digital accessories (PDAs), and digital cameras and camcorders are driving SD demand. We think the miniSD will become a critical technology enabler in next-generation cell phones," Kastner said. "SD Memory Card's rapid growth and strong position in the market illustrates that consumers understand the key benefits of SD: exciting products, superior technology, ease-of-use and interoperability," said John Burnham, director, strategic alliance and business development group for Panasonic and chair of the US Marketing Committee of the SD Card Association.
About the SD Card Association The SD Card Association is an open industry standards organization established in January 2000 by leaders Matsushita Electric (Panasonic), SanDisk and Toshiba, supported by a consortium of over 550 companies. The SD Card Association's mission is to set industry standards and promote its wide acceptance in a variety of applications. The SD Memory Card is a highly sophisticated memory device about the size of a postage stamp. SD Memory Cards stand to revolutionize information, entertainment and communications by putting advanced digital storage technology quite literally at your fingertips. The SD Memory Card standards are currently being built into a wide range of new digital products such as cellular phones, audio players, automotive multimedia systems, handheld PC's and video and digital still cameras. The Association's Web site and products can be referenced at www.sdcard.com and www.sdcard.org, for more information about SDA membership, applications usage, member companies and upcoming meetings. Parties interested in joining the SD Card Association are encouraged to visit the Web site or contact Ray Creech directly at 831-636-7322 or rcreech@sdcard.com.
re: B&O's Beosound 2...from the FAQ page
on EDIG's website...
Q: Is Bang & Olufsen still selling the BeoSound 2 digital music player?
A: Yes. In addition to the PC-based version, they added the e.Digital-based Mac- compatible version of the player in December and they continue selling BeoSound 2 players worldwide through their exclusive retail stores. We continue to receive royalty payments from them regularly.
Bush is talking right now about "ROBUST" tax relief, and how the debate has shifted, not about whether or not we need tax relief but how much tax relief is necessary.
With the war behind us, the economy is now front and center.
Go GW, go EDIG !
Looks like EDIG technology will only continue to find its niche in these growing markets....growing slower than first expected, but growing, none the less.
Very nice to see Bang & Olufsen continue to advance in the MP3 wars with EDIG's platform at their core...and knocking on Apple's door.
Nice find Tinroad-BeoSound 2 to be available for Mac users
March 19, 2003 - 06:29 EST Bang & Olufsen has responded to requests from Mac users and is making the company's portable MP3 player, BeoSound 2, compatible with iTunes. BeoSound 2 was launched in the spring and was then compatible only with Bang & Olufsen's own BeoPlayer and Windows Media Player. "This triggered a flood of inquiries from disappointed Macintosh users who wanted to invest in the UFO-like player. We were surprised at the large number of inquiries we received from Macintosh users who wanted to buy a BeoSound 2," said Jens Victor Fischer, Product Manager at Bang & Olufsen.
"We had deliberately chosen not to develop BeoSound 2 to make it compatible with Macintosh computers because they account for such a small proportion of the total market, just 3.8%. However, the calculations we have done on the basis of all the inquiries we have received show that Macintosh users represent a larger customer segment for us than we first assumed."
The first Macintosh-compatible BeoSound 2 players will be available in December. In addition, it will be possible for those who already own a BeoSound 2 to download software from that will enable it to work with iTunes. "All in all, this has been a very positive experience. We cannot say much more than that Macintosh users have good taste. So now we are hoping for a flood of communications from Mac users who are satisfied with us," noted Fischer.
http://www.macminute.com/2003/03/19/beosound
Saw the Odyssey 1000 in laptop magazine today...
very nice blurb and photo...pg 12
I guess you missed that the timeline for the DIVX player to be out by the end of 2002 was part of the Collier business model and that he is no longer directing the ship.
Granted hitting timelines has been a big problem for this company, but indications are that funding issues have been addressed for the upcoming product lines. Regardless, these continue to be growth markets.
gernb1, Exactly !
As depressed at the PPS is, not to mention the market in general, this continues to remain a growth market.
And with the noise that Apple just made, more and more will look to own an MP3 player down the road.
Sorry, but the IFE unit is an audio/video multimedia product line...
so my point was that there are two market sectors, both which have the attention of the market prognosticators, and EDIG exists in both spaces.
Which one takes off first is anybody's guess, but not at bad place to be.
Nice finish on the ask, with volume...
though still not remarkably significant volume, IMO...but better than a poke in the eye.
Last 10 trades
Time Price Volume Exchange Info
16:01:51 0.165 2600 OTCBB at Ask
15:57:00 0.165 2400 OTCBB at Ask
15:56:45 0.160 9900 OTCBB
15:55:50 0.159 10000 OTCBB
15:55:02 0.159 3000 OTCBB
15:54:12 0.155 100 OTCBB
15:52:59 0.159 2600 OTCBB
15:52:10 0.159 2400 OTCBB
15:47:10 0.159 2600 OTCBB
15:47:06 0.159 2400 OTCBB
and EDIG is here too ! "At the same time, some former competitors in the MP3/WMA (Windows Media Audio) player sector, such as Micronas Semiconductor and Texas Instruments Inc., have downgraded the segment in favor of more complex audio/video and multimedia products where margins are higher and where there is more room for revenue growth.
things looking up..."with growth mostly driven by consumer electronics products such as digital a/v receivers, set-top boxes, DVD and MP3-type portable players"...
the vision is alive.
There is plenty of news out there,
IFE, ECLIPSE, WIRELESS and the ODYSSEY 1000...
just minimal follow through to date...
BUT that can change, and so can the PPS.
chwdrhed, was that your 20K at .17 ?
Good luck !
.17, there you have it...Last 10 trades
Time Price Volume Exchange Info
11:52:33 0.170 2000 OTCBB at Ask
11:49:28 0.170 7600 OTCBB at Ask
11:49:15 0.170 2400 OTCBB at Ask
11:46:57 0.165 2000 OTCBB
11:43:03 0.165 3000 OTCBB
11:39:47 0.160 10000 OTCBB
11:37:18 0.160 700 OTCBB
11:33:39 0.160 300 OTCBB
11:32:49 0.160 300 OTCBB
11:29:32 0.165 2600 OTCBB at Ask
great ! hasn't taken a whole lotta volume to move the price this morning.
good to see this change of direction, indicating buying pressure is moving back into the picture...but a long way to go on the upside.
cost cutting measures on top of any business developments could change market sentiment.
here's hoping they are executing the business plan.
ECLIPSE, WIRELESS, IFE and the ODYSSEY 1000 !!!
Last 10 trades
Time Price Volume Exchange Info
11:46:57 0.165 2000 OTCBB
11:43:03 0.165 3000 OTCBB
11:39:47 0.160 10000 OTCBB
11:37:16 0.160 700 OTCBB
11:33:39 0.160 300 OTCBB
11:32:49 0.160 300 OTCBB
11:29:32 0.165 2600 OTCBB at Ask
11:29:26 0.165 5000 OTCBB at Ask
11:29:23 0.160 5000 OTCBB
11:28:35 0.165 20000 OTCBB
gee, maybe it's not over...Last 10 trades
lol...
Time Price Volume Exchange Info
10:56:15 0.140 5000 OTCBB at Bid
10:54:54 0.145 2400 OTCBB at Ask
10:51:49 0.145 22600 OTCBB at Ask
10:51:35 0.145 2400 OTCBB at Ask
10:28:55 0.135 1500 OTCBB
10:16:03 0.135 200 OTCBB
09:32:11 0.145 31000 OTCBB at Ask
09:30:09 0.135 100 OTCBB
09:30:03 0.145 5000 OTCBB at Ask
09:30:03 0.145 300 OTCBB at Ask