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Re: But Anyway post# 26565

Friday, 01/17/2003 6:38:35 PM

Friday, January 17, 2003 6:38:35 PM

Post# of 93862
richardosborne,

I want to elaborate on our discussion in an effort to ensure we are both on the same page.

I propose we can delineate e.Digital's current business into three unique categories:

Services (NRE).

Licensing proprietary technical designs (Odyssey1000).

e-tailing their products (Odyssey1000, Treo, MXP).

I want steer away from additional noted opportunities such as the wireless application, the relationship with APS and the agreement with Fujitsu-10 until the company announces firm orders. I think you and I will agree that the company will expeditiously announce a firm order, should one come to fruition, and that such an announcement (firm order) is not constricted by non-disclosure agreements.

Until firm orders from said opportunities are formally disclosed, I believe it prudent to group them into the Services category where most of the revenue derived from the relationshop to date has been booked (notably the IFE application with APS, $50K of $50K deferred per the most recent 10Q, and the Eclipse application with Fujitsu-10, $15K of $55K deferred per the same).

Now, how might you suggest e.Digital stem their cash-flow problem?

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Conditions of my posting here: #msg-661266

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