50+, check yourself out A year ago, JB's were a real big deal to you. By: newelong 29 May 2002, 06:03 PM EDT Msg. 981590 of 1126733 (This msg. is a reply to 981532 by longtooth.) Jump to msg. # Longtooth ...
I don`t think e.Digital is quite as "desperate" for cash as you have indicated. If you had listened to the Conference Call on 5-9-02, you would know that Ran Furman was in the process of lining up receiveable financing ... I imagine to conserve those remaining shelf shares until a more opportune time ... sounds reasonable, no ? Also, I noticed in your previous post ...
... you mentioned A/R`s of $800,000 as 12-31-01, which obviously doesn`t give effect to the two retailers added subsequent to that date ... and with all the re-orders, I`m inclined to believe that receiveables TODAY could be fairly significant, wouldn`t you think ? Additionally, a couple more retailers WILL be announced before the end of June, or weren`t you aware of that ?
Furthermore, I should point out the fact that our own little EDIG is being charged "tier one" prices from its suppliers ... just like the "BIG" guys ... I understand it all stems from those strategic relationships and partnerships we forged ... you know, the ones announced in those "fluffy" PR`s !
Just trying to bring you up to date, that`s all.
BTW, were you lucky enough to get some at $.51, or do you still think it`ll be going lower ?!?