NEW EDIG

[cksla]

Subject: From the SHAREHOLDER MEETING. .
From EDIGOKIE
PostID 297462 On Thursday, December 04, 2003 (EST) at 9:15:58 PM

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Not much to add from being at the MEETING in person except the pleasure of MEETING d.inkie, tattuva, and others. I will decide whether seeing sunpoop was a pleasure or not after our golf game tomorrow. Don't know about the future of the golf tourney since the guy from out of town is the only one who could get a tee time. Back to the MEETING:

I assume everyone caught the veiled message about the ''Gateway'' to increased revenues. Got to actually see, touch, feel and hold a Gateway player. Funny how e.Digital had a Gateway player on display at a shm - maybe we are actually in the Gateway player (do ya think). Digiplayer is everything we have heard. It is top drawer quality and the picture and sound make me want one. The Disney headsets are not as ugly as emit thought and the young engineer who told us about them was obviously excited about all the products on display.

We should all be proud of Robert. Frank tried everyway he could to pin RP down, but RP deftly defended his position with RP speak that would be the admiration of the world's greatest negotiators. No new news but I continue to view my investment with ever increasing optimism.

Convergence is the future for e.Digital and that is going to take some additional time. My personal view is that the IFE and player sales are good for keeping us up and running until the real future arrives and e.Digital ties it all together. As you heard from the question and answer session - we have the products we need. The development work is done and it is time to focus on marketing the converged solution. Works for me. I am sure more specifics will come to me after I sleep on it and get a relaxing round of golf under my belt. We may see more dilution, as RP clearly stated, but the end result will more than make up for the immediate pain. Hang in there all - start making plans to attend the MEETING next year.
Kirk