SSI, regarding coming PPS, I think that turning this thing into the black would be a dramatic turn around but I disagree as to the valuations placed based strickly on the earnings.
If you have one major airline do some testing, that is a nice step in the right direction considering this is a new market.
But, if shortly there after you have 9 airlines standing in line to equip their fleets then you have future earnings growth rates to consider and the market would likely valuate that much differently.
The same thing goes with the ECLIPSE and the rate of reorders. And should there be any rumblings from any other interested parties either in aftermarket or for factory installation down the road, again, blockbuster for EDIG.
And how about a 1.8" HDD form factor Odyssey 1000 with any major branded OEM ? We know in the smaller size it outclasses the competition after the recent firmware update, more features at a lower costs. It just needs the exposure that a major OEM can bring.(FM, no battery issues, voice recording, lower price, voiceNAV)
The coming news on the major OEM for the Hewlett-Packard deal could put this back near the $1 range alone, depending on the breadth and depth of the project.
The hard part is guesstimating how long these new markets will take to develop. This together with the bad economic climate the past few years has disappointed many investors but the climate is changing as are the nature of EDIG's most recent deals.
1)MAJOR AIRLINE(s)
2)MAJOR OEM via Hewlett-Packard
3)O-1000 in advance negotiations with major OEM
4)ECLIPSE-with the Fujitsu-Ten//Toyota relationship sitting in the background with a long history of product development
AI
