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Cassandra

07/02/03 12:19 PM

#40203 RE: richardosborne #40200

RO: EDIG has already spent over $65 million in "tuition." They should be geniuses in learning from all of the past failures. Instead they're perpetual students relying on generous investors who just love to give them more money with the hope that they can eventually create a business plan that succeeds.
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Old_Drummerman

07/02/03 12:24 PM

#40207 RE: richardosborne #40200

ROTF! Perhaps a pretty expensive lesson, imo. Nice spin, btw.
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9miles

07/02/03 12:25 PM

#40208 RE: richardosborne #40200

RO, does she know how many millions other companies spent on trying to develop or buy (NAPSTER etc)and establish an online music store ?

If EDIG's loss was stock issued to an employee or a mere $50K, that was a cheap lesson, and I believe EDIG still owns it should they later decide to resusitate it.

When others finally figure out how to make these sites profitable, maybe EDIG can reenter, but for now, onwards and upwards.