e.Digital Corporation (fka EDIG)

[Tinroad]

EDIG $44.47 by end of 2002?
http://ragingbull.lycos.com/mboard/boards.cgi?board=EDIG&read=800318
From riverwalk:

Here's an estimation of shareprice by the end of next year.

This is based upon selling a total of 900K units next calendar year across 15 products.

The 15 products are derived from the release of 5 e.Digital branded devices and 10 OEM devices.

My expectation is up to 3 e.Digital devices before XMAS and another 2 Q1-2002 (calendar / not fiscal)

These products will span microdrive, flash, and dataplay offerings.

You can do the numbers yourself but if you evenly distribute 900K total devices across 15 product lines you only need to sell 60K units per.

The OEM sales are likely to generate licensing only fees from $4-25 each, while the e.Digital devices could through off a gross margin of 40-50% on devices ranging from $249-349 each.

Expenses are running between 350-400K a month so I used the highend 400K as the basis of profit projection.

You can play with the numbers yourself but I came up with profits of $2.96 a share. A very conservative PE of 15 derives the $44 shareprice.

The numbers I'm playing with are not far fetched. These are the number of OEM's and devices that have projected. Granted they might be optimistic but they certainly weren't made up.

Perhaps the number of units sold across 15 product lines comes in less, maybe more. Maybe more OEM's are added during the course of next year.

It's all a guess, and no one can guarantee anything, but at 99 cents a share it's an interesting gamble on something which may in fact be attainable.

If your looking for guarentees buy treasury bills.

Good Luck