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owd3

10/31/03 11:46 AM

#49739 RE: Sentinel #49731

To compare what Micrsoft and Dell do on their webcast to the joke of a webcast that EDIG puts on is laughable. Real companies do a deep dive into actual results, projections, and guidance. They break it down by product line and adjust previous guidance. They take actual LIVE questions instead of pre-canned softballs.

I can find out from the MSFT webcast how many X-Box's they are going to sell, what the revenue is projected to be, and how much growth is projected. I can find out how many MSN subscribers they have. But EDIG can't tell how many 01000's they sell?? EDIG does not provide those details because it would impact their ability to sell stock. The other companies are more concerned with making money by selling products.

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lucky, mydog

10/31/03 11:46 AM

#49740 RE: Sentinel #49731

sentinel, the key was "waste their time". what the big boys do is a requirement due to practical logistics. analysts, brokers, and fund managers all need the information. that does not apply to edig, whose only purpose appears to be to perpetuate the buzz and pump shares. big difference. you can spin my words any way you like.
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Cassandra

10/31/03 12:22 PM

#49745 RE: Sentinel #49731

Sentinel: Most legitimate publicly traded companies hold conference calls to release business results and provide guidance to the analysts who follow the company. They also allow questions that aren't pre-screened.

e.Digital holds one-way web casts to provide hype (or spin bad news as in the resignation of the auditor). Questions must be submitted in advance and they won't answer the tough ones. The one time they tried to hold a conference call, they pulled the plug early because they could not control the questions that were being asked.

To hold a web cast without having final numbers to release was the absurd thing.