Re: note today from RP-Sunpoop / LL/jhawk / DaBoss...John...GI a critique / OZ
posted on
Aug 15, 2007 09:05AM
Many thanks. You have a very good sense of the financial reality and your comments validate what many have already posted.
IMO, nobody can be overly disappointed. We had no indication or expectation EDIG would be in the black and, indeed, they are still a few deals away. With increased margins -- 30% GM is not excessive -- and bringing the cost of sales down, will help the numbers without expecting huge increases in top line growth.
For all of the long, long, long term investors, we should "expect" more, but this is a better report, IMO. Based on the forward looking statements, fiscal 2008 is shaping up rather well -- as long as the deals keep getting done. For my money, IP license(s) and the Wencor mess can just sit on the sidelines until they put money in the back or quit taking money out of the bank, respectively.
I KNOW (where's Rick?) selling more stuff will work. I don't KNOW if anything else will.
Bottom line: Sell more stuff.John