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AGreed - Sent - you have outdone yourself. Also bear in mind that (I believe) Collier was being pursued by Apple and Intel at the time he chose to come to EDIG, and that he didn't "come here to work for a small company."
LL
hanuman - excellent point - thanks
berge - I think I am not sure how this proposed legislation applies to what EDIG is doing -
LL
I guess either no one but me is concerned about the effort to end free internet radio or I have misconstrued the issue vis a vis this site.
LL
D.Inkie - thanks for the update - LOL - I have another plan which I will let everyone in on. The more I look at what they are doing and where they have come from the more impressed I am.
LL
talons - have you been selling your stock? If not you haven't lost a dime.
LL
mike and Husker - nice posts - good thinking. LL
Tol - maybe they fired RP? LOL - just kidding - I don't have any idea, but I am not complaining. Actually, not complaining about any of it.
LL
seriously - I agree with your comment about not being surprised.
LL
jo - ain't hindsight grand?
Hey guys, did I miss something or didn't they say they retired the note early and are cutting burn rate even further? Also, I agree with Wongyal that the pps will probably not decline that much as they will be launching the site, announcing products, etc. They timed the release of this information for their own purposes and for what they think is our best interests, IMO.
Whaddayathink?
Marc - most likely this - "Consequently, the majority of anticipated revenues that were projected for the September quarter are expected to move into the October-December quarter. "
LL
string - he's right, mine shrunk!! But fortunately I think he also said "Consistency is the hobgoblin of small minds," so at least I can be consistent.
LL
BD - is Target our target vendor?
sentinel - I would guess you are right on at least one of those
e - if that is correct (and I have to say I have had a hard time interpreting this) he doesn't need to own more currently since he will soon have the opportunity to purchase and hold a sizeable number. Correct?
I assume that at some point we will see if he did indeed follow that course of action and, if he does, it will be quite reassuring. Again, this is just my assumption, having faced this same situation before when in the employ of a publicly traded company (tho, unfortunately, for a smaller number of shares - LOL)
My remaining question is what is his purchase price - anyone know?
LL
Bosox/Danl - funny stuff. I am pretty gullible sometimes but even I couldn't see that one happening.
LL
bosox - are you serious about howard stern?
sent - nice info - Question: did collier buy more shares, was he granted option to buy more shares, was he given more shares? I cant' interpret what I saw. Can anyone clarify?
Thanks
LL
UCANSEE - most articulate and on point. Thanks for the post.
LL
FWIW I am not impatient as I understand this investment, like other aspects of life, does not operate on my time plan or according to my wishes. Unless you think that Collier and his team are dishonest and out to fleece all of us (in which case you might want to consider selling your stock and moving on) you have to believe they are doing the best they can to grow the company, the revenues, and pps. If you haven't noticed they have some substanial incentive for doing so.
If you believe those efforts and the proprietary capital of the company make for a good investment then the fact that all is not coming to fruition today or tomorrow is irrelevant.
As long term investors we have two and only two realistic choices of action. Buy and hold or sell. I choose the former. If If, at some point in time, I come to a different conclusion, I sell and move on. Since I make all of my own choices I blame (or compliment) only myself.
With all due respect, to believe that posting demanding or whining questions on a bulletin board serves some purpose other than venting is naive.
(Go braves.)
LL
D - thanks for the time and patience. I understand the last paragraph and enough about the other, along with my areas of "expertise" in business, to have placed my bet. Again, thanks for helping educate on the tech part. (I am soooo much smarter now- LOL).
Off to the gym.
LL
D - DSP is TI's area, right? Do they help us build this chip or is it theirs? (You guys don't know how stupid I really am.)
LL
D - 1. schmokin . . . . LOL 2. Thanks for the RP Mail.
LL
Seriously, I am grateful for you smart guys that understand all this stuff.
gern - I need to smoke some hash to read your re-hash.
LL
curiouser and curiouser - in a good way of course!
murgirl - great info - more pieces of puzzle.
okie - i'm with you on this one!
Tin - indeed. Get hold of yourself!! LOL
Okie - not happening - unless there is some huge order they can't fill without selling self shares - but I truly believe they have all contingencies covered at this point.
LL
okie - never happen. LL
oops - thanks Puma.
philo - sounds like fiction to me. FWIW
okie - there is certainly a strong argument for that course of action!!
okie - perhaps you need LESS jack daniels, not more. Just a thought.
BAR - I think you've got it!! I also think there is more. Just a guess.
LL
string - thanks and same to you. LL
Sent, so they are with Moses now but have the possibility of moving ahead on their own? LOL