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Message: " we expect to report over $3 million in revenues for the first half of fiscal 2008.”

" we expect to report over $3 million in revenues for the first half of fiscal 2008.”

posted on Jul 13, 2007 07:05AM

"e.Digital also announced today that it has received new IFE orders totaling over $1.2 million from Mezzo Movies and from a major European airline. The Company expects to ship the orders during this second fiscal quarter."

This is the known....unknowns not withstanding, this company is well into recovery mode with its current sales strategy, already out pacing previous years only half way through this fiscal year.

As for the home run potential:

"We are very encouraged by the technical and legal development of our portfolio and expect patent enforcement actions to commence this quarter.”

I think it's reasonable to have IP news, an announced annual shareholders meeting and continued news of increasing eVU sales by the end of September.

With the market hitting all time highs and the techs now beginning to participate, the timing may be right for undervalued speculative plays to come into favor again.

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