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Message: RE: Email from RP.

RE: Email from RP.

posted on Jan 21, 2005 08:08AM
Thanks for posting this Joe. It gives the impression that we`ll hear nothing till 10Q.

I do wonder about Wencor/APS and follow-on/new IFE orders. Since the acquisition, Wencor has managed to only sign SilkAir, which seems pretty weak. Wencor had to have more lined up than that.... I still suspect that things are ``on hold`` awaiting FAA aproval of the installed system. My inqiries with the FAA re: status database were not fruitful, with them suggesting I contact the local FAA office (Salt Lake) since they have no such database. I opted not to do that as I`d have to reveal too much (though I doubt they`d really care about a shareholder query, other than as an annoyance - but best not to annoy an ``auditor``).

Have we gotten official notice of a follow-on from RyanAir (that other 5,000 units)? I don`t recall it, just that it was expected. Based on O`Leary`s comments about fear of theft and measures being taken to prevent same, I suspect the possibility that they too are awaiting the installed version. Delay is bad, but installed means a unit for every seat, which would be very good.

Hurry up FAA! I`m hoping there are a bunch of orders on hold WAITING.

SGE

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