Replies to post #39217 on e.Digital Corporation (fka EDIG)

[DABOSS]

MIR,
unrealized expectations from 3 years ago came at a time when the markets for products utilizing EDIG technology were forward looking, and while investors were investing with a forward looking perspective, we saw a market that was not receptive for many reasons(economy, cuts in spending, RIAA and label issues etc), to these new products.

However, I would not paint all future EDIG deals with the broad brush stroke you are wielding as we are seeing specific products for seperate markets appear. IFE offers a new and bright future application while Fujitsu-Ten is about to offer the auto stereo market a MP3 changer with EDIG technology as well. Add to that the UPDATED Odyssey 1000 and products are filling the pipeline.

You may be correct about the Hewlett-Packard deal and you may be wrong, but this is a new line with new partners in a recovering economy, not one hindered by the ominous bear we were facing 3 years ago. And Hewlett-Packard is not chopped liver.

So tell me, you're still long because...

[Cassandra]

FWIW: I do expect that EDIG will be able to book significant revenue from Softeq. However, the gross profit margin is what really matters. For the last 5 quarters (well see if it's 6 when the 10K comes out), EDIG has had negative revenue with an average gross profit margin on its products of -101%.

EDIG has a history of doing low-priced design work for big names just to get a PR and to call them a "partner." Shareholders should hope that there is a decent profit in this project.

The project that I think is totally blown out of realistic proportion is the IFE device with APS. I don't expect that will ever amount to much in gross revenue or gross profit.

Also the Eclipse deal keeps getting put off. Will it ever come through?