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Message: RE: e.DIGITAL CORPORATION REPORTS -DaBoss-Iam

RE: e.DIGITAL CORPORATION REPORTS -DaBoss-Iam

posted on Jun 29, 2006 03:40PM
It wasn`t any worse than expected, and quite frankly, they were pretty much on target to match or beat the previous year, as per previous guidance, until the digecor/Maycom problem reared its ugly head in the fourth quarter, catching most by surprise. So, bottom line, no surprises there.

As it turns out, Blakeley has maneuvered EDIG into the Mezzo space, continues to expand the eVU possibilities and has the IP protection moving forward, sooner than most expected. In fact, eVU is invading the IFE space with larger margins than the digeplayer produced, so the overall bottom line to EDIG could be better, with the caveat that they begin to sign up airlines at near the same pace as did digecor (although many of digecor`s customers remain unfulfilled).

I was expecting more ``details`` on the first IFE order. Nothing regarding size of the order or the name of the customer.

At some point I would also like to see a projection of when they ``expect`` to hit that 4000 unit mark, which they state will make EDIG profitable.

An ideal scenario is to get EDIG profitable based on eVU business and then have the PATENT money begin to kick in.

Looks like more of a wait until customers approve order announcements.

So who is the US manufacturer? That is rather interesting.

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