e.Digital Corporation (fka EDIG)

[But Anyway]

richardosborne,

The issues you presented were rather ambiguous.

I don't disagree that e.Digital has a number of prospective opportunities to generate sales. My point is NRE, or services revenues, have historically operate at razor thin gross margins with the exception of those generated from the Dataplay agreement. In that vein, the service side of the business and the engineers working on the projects, from my vantage point, is one that should be discontinued. Where is the benefits of accepting a project that barely covers the cost of sales and is a net-cash drain after operating costs?

Other income is what? Online sales? My projection indicates that business is still working at negative gross margins. Wedigmusic? No revenues, another liability. Where are the other revenues coming in from?

So it brings us full circle to licensing their Odyssey1000 reference design to OEMS. You think e.Digital can realistically can jump into a 12% market share position. I disagree with this and point to the fact that the O1000 reference design was available for license by OEMs in August of 2002, offering ample time for prospective licensees to enter the manufacturing phase in time for the holiday shopping season- and ride the coat tails of Apple's marketing dollars. No one stepped to the plate. Why are they going to do so now?

Your tactics are unwarranted

What tactics? I'm trying to engage in an honest discussion. You EDIG-folk are extremely paranoid and sensitive. Let's regain some perspective and rediscover the fact that this is a company we are discussing, not your first born child.








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