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Cass.....It's a great party, but the Lamp Light District Mardi Gras is even better, attracts more people and the parade is wild. I attended the 2001 and plan on going again.
But all of these events are very small, like your Newport high fashion district, extremely small, kinda like a little get together.
Our largest event, this year had 1,745,000 people, the second largest in North America. Of course the largest is also in our state.
OWD.....Thanks for clarification. The future will tell us which airlines and what equipment they will use.
OWD..I don't agree that you have the time lines for all of the associated events. All you have is what we have, that is the company communications with dates, nothing else.
OWD...Are you telling me that AA looked at the edig type system or are you saying they looked at the direct cost of a different system and decided that they could not recover their costs?
I have no idea about the exact dates when any of these companies got together. I'm only looking at the dates from their communications.
Some of these discussions may have taken place for many months and alternative strategies may have been in the working.
Why don't you provide us a time line for all of these events, put us at ease, please.
I'm not sure. Tell us what the Marketing folks at AA are missing?
How do know that the management at AA isn't considering a device like the one edig is offering? For that matter, maybe others are looking into the edig device.
OWD...The date and their strategy based on the fact that the edig PR was dated after theirs. Perhaps they realized the other method was too expensive, not as safe, and decided to pursue other alternatives.
LIke this on the site Murgirl listed.
Alaska weighs pros and cons of in-flight systems
Posted September 30, 2002
OWD....Look at the dates, it's a year old strategy. Lots have changed since then.
chwdr..What's the matter, don't like the truth? You asked for it, LOL.
Although not the actual close, the after market close could be higher than the market close for the day.
OT..Anyone watch IVOC, I owned this one a long time ago.
A token amount of shares traded so far today, 767 million, up 45%
Old.D ...It was not meant to be a snide comment.
And I'm saying their current business reflects abnormal business activity like a start up, not an ongoing concern with these same costs which would represent a small part of their cost of goods.
All businesses have these type of costs, but they are absorbed over large amounts of revenue and are a minimal percent, but edig with limited income is faced with extremely high costs in these areas.
I'm sure you understand the differences. I'm trying to help but sometimes opinions are so ingrained, it's hard to get a point across.
Old D...It's really pretty simple. In spite of the fact they have been in business for many years, the last few quarters parallels a start up company. Low volume production, tooling, obsolete inventory, and many other areas that would contribute to low margins.
If you don't understand all of that, then I can't help you.
MIR....I think you know that I don't hype and I try to be objective on most issues, but I'm sure I fail sometimes.
Now, with respect to gross margins. In the past they have been skewed with obsolete inventory, sales of products at perhaps a loss, possibly development and/or tooling costs added to the cost of goods, and many other events that do not represent a normal business activity.
I suggest we put aside the debate of gross margins for x number of quarters, until we see some normal product sales, unaffected by abnormal conditions.
Now if we continue to generate margins in the range of 5-7%, then we will have a serious problem, unless the revenue amount would increase to many millions to offset all other costs and still yield a profit, probably unlikely for the foreseeable future.
On the other hand, if we begin to generate margins of 15-25%, then the success probability becomes more achievable.
All the comments of the past are meaningless in so far as trying to apply them to the current products under development, and assuming they all go to market with some degree of success.
Your thoughts?
MIR....I have followed the thread since Cass made a statement and I answered. It is real simple.
In most instances the industrial group does not get involved in the engineering of a product, that is left up to the engineering department.
You should certainly understand the roles they play in most businesses with your background.
Again, I thought my example of the automobile clearly showed the major differences between the two primary functions.
Now, neither of us know exactly what the roles are between the various contributors of the IFE project. It's all speculation to this point in time.
As far as the revenue involved or more important, the amount of margin, I think we should all wait and see what edig will generate from this product. We will not be able to isolate the amount DigitalWay or APS generates, so that is an unanswerable question.
MIR...I have no idea what you are talking about. Have you totally lost It?
OT...Tomorrow should be interesting, will we hold or trend up or down?
Have a good evening!
Tin.Gee, I thought I said that more than one way and she still didn't get it.
MIR....Which makes me wonder what your definition of industrial design is. Why wouldn't they call it engineering design. That's what edig does, engineering.
MIR..I hope Tinroads post cleared it up for you. Industrial design is considerably different then engineering. I thought I made that pretty clear with my automobile example.
In the business I was in we had a industrial design department, an engineering department, and a engineering research department. The industrial group never got involved in the mechanics of any product.
Cass...The industrial design to me implies that DigitalWay designed the box, that is how the device looked and also was asked to do the manufacturing.
The operational aspect and all of the engineering was done by edig, and that's is what is important. It's like the mechanics of a automobile verses the outside shape. It's how it works that is critical, not how it looks.
Cass....Since you have stated that you believe edig is a scam, why are you impressed with Boyer's ability and why would he do business with a company like edig based on your comments below?
However, I have been impressed at Boyer's ability to get his IFE business going,
I wonder how he feels that one of the companies he engaged to help design and manufacture the device appears to be trying to steal his thunder to pump its stock price.
.35 x .36 activity picking up vol 461.5k last trade .36 +.03
Cass..But no one agrees with you on point one. How did you determine this? What criteria?
As I said recently, I believe that Bill Boyer has more on the ball than the whole crew at e.Digital: #msg-1363848
Can you prove that Boyer had designed the device or are you guessing like always? The IFE business belongs to APS, not e.Digital. Boyer simply came to e.Digital to design and manufacture the device, yet e.Digital is attempting to exploit the agreements Boyer has with the airline, the studio, etc. as e.Digital's own relationships.
.34 x .36 vol 376.4k last trade .35
Ray...A pretty cool device. I'm not so sure edig had anything to do with the development, no concrete evidence to lead us to this conclusion.
At some time during the last several months, with all the communications with RP and the CCs, you would think that a comment about another device to be used with the player would have been made.
I certainly hope we had a hand in the research, could turn into a large market and any airline could have applications.
We will know soon, probably during the upcoming conference.
MIR..A lot of things are history, that doesn't mean they are accepted by the people, only time will give us that answer.
And your comment about "we". Two individuals may jointly own a home, not married, and they do own the property and have the right to sell it. Has nothing to do with access.
I guess neither of us know what we are talking about for now, unless I got out the original paperwork, which would clearly indicate what type of ownership I have.
MIR..We in our lifetime will never see that happen.
And since none of us will be around in 2100, who knows what will happen.
The future is speculation, and most speculation is proved to be wrong.
I don't know about semantics in this case. We do own the club, the land, the buildings, everything. We do the hiring, firing, etc.
Again we could sell the entire club, land, buildings, everything as a group. It's been a long time, more than 15 years, so what paperwork I have, I'm not sure what it say's.
But it's not like the typical club with memberships and monthly dues.
Forms of access, I don't remember anything like that, but who knows, I've forgotten a number of things over the last umpteen years.
MIR....What you say is true, we all know that changes are occurring. But books will never be replaced and old ones will be kept and handed down.
Do you really think that the hundred of millions of books will be destroyed because we may have them all on a central network?
Same thing goes for music.
MIR...You don't know what you are talking about. If the 400 members voted to sell the club to a private party, we could do that and share in the price.
Chwdrhed..That may apply to music and some other products. But not all. Lets take books. They could all be kept in a central source, but who wants to go the the computer or to a hand held device to read a good book. There will always be books, including collector items, just like music 45s, LPs, 78s, etc.
People will continue to buy books for their personal use, unless you would prefer to have someone read it to you.
Some things will be better to be shared, and others will not, it's that simple.
It's becomes a matter of what it considered private and what is public.
Of course we watch TV, listen to the radio, etc. I prefer that method.
We own the club, there are many private clubs that are owned by the members.
If you talk music, movies, etc. then I can see the day when it will be contained in a central source.
If you talk systems and personal files, then I'll keep them and I don't to share them with a central source.
There is more than one club in Houston that is owned by the members, you have to get up to date on that stuff. Private clubs that are owned by the members are accessed an annual amount at the end of the year to balance the books. And of course there is generally a pretty steep initiation fee.
What I do want, I want to keep and I use what I own more than what I rent.
I own my home and use it more hours than anything else.
Also my cars, my cell phones and many other items. I also own my systems and I do belong to a club, of which we own as members.
The things you mention, we as a nation want to share like roads, schools, etc. I think you are getting way off in the subject, we are talking about personal things, not public things.
Again, I don't think anything is totally secure, the criminal element has been and probably will be as good as the non criminal element. Security, who really knows how we stand on many important issues.
MIR....So that's what you want...America, own nothing, rent everything, now that sucks. And if you think that storage is secure, so far we know that nothing is secure. And, probably never will be, at least in our lifetime.
I personally don't want to access and rent a software system every time I am in the mood to use it.
Why would you want them to know everything that you are doing, they already know enough.
Change is fine as long as we control the change.
Information will be available from a central source, but don't mess with Texas.
I'll keep my own, thank you. You and all others will be open to hackers, etc. They will always be out there, trying to get into personal files.
Secure data is many years away, and if you think not, I think your are in trouble.
And that's my thought for the day.
Let's see, Enron, World Com, and thousands of others that never made a profit. Some are still in business and others have folded the doors.
At the top of my list is Amazon and I can show you why they are far worse than edig. Yet the market continues to support the company, and when edig turns the corner profit wise, look out.
Cass.....One of the reasons that I see e.Digital as a scam is that I believe the claims made about its core patented technology, MicroOS (called "Norris Flash File System" in the actual patent document), have been wildly exaggerated.
I'm confused, did you buy edig stock before you thought it was a scam or after? And did you sell after you determined it was a scam or before? Please tell me exactly what date you realized edig was a scam.
Why are you not reporting this scam to the SEC if you can prove this. I didn't know that you had the technical expertise to compare actual performance of the MicroOS verses comments made by various edig personnel.
NEWe.LONG.....Thanks for the input. It would be great if DigitalWay could sell 20k-30k per month of the HD100, and if we get approximately $5-7 per unit, we would generate royalties of 100k to 210k based on the numbers above.
It's probably a very optimistic outlook, but as things get moving Internationally, I guess it is a possibility.
It would go a long way towards helping to offset the monthly burn rate.
I'm sure the trend line will develop over the next year as the market for these devices becomes more mature.