e.Digital Corporation (fka EDIG)

[Tinroad]

Orygun_gal visits EDIG:
http://ragingbull.lycos.com/mboard/boards.cgi?board=EDIG&read=707342

6-19-01 Meeting with Robert Putnam in Poway. Five EDIG investors met with RP after walking through the offices at e.Digital for about an hour and fifteen minutes last week. I was familiar with most of what Robert talked about in his opening remarks, however, I asked him to "flesh out" a few points. He referred to the recent hiring of Jim Collier and used the term "added value" stream of income that Jim brings to EDIG I asked exactly what did that mean. RP answered that EDIG was taking on a new direction and that was for "added services." These are fees for preproduction, post production, service and maint., so that customers don't have to build out their own infrastructure, thus limiting their known costs. These are application engineering fees that are in addition to NRE fees (non reoccurring engineering fees), licensing fees, and royalties. To this end we have two employees that work with two of our major clients and answer to Jim Collier, not as engineers, but as company liaison people. (RP said that everybody at EDIG wore many hats, but that for these two, their major responsibility was a particular company.)
The meeting was mostly a rehash of information that has been posted on the board. I noticed that on his desk he had both an Apple and a regular desktop computer. We did not see much as we walked around the complex and internal security is high.
I'm really glad I went, however I did not 'discover' much nor did I expect to uncover much, so I was not disappointed. It still looks like we are poised to grow with the hand-held device industry. I continue to be comfortable with my investment. Lois Coffelt, Newport, OR