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Message: Advanced payments...

Advanced payments...

posted on Mar 08, 2005 06:12PM
Today`s news is a confirmation of ``rumors`` and indicates something very real is going down.

These deals for the embedded digEplayer will likely go into production by summer at the earliest and most likely by the fall.

We know EDIG receives advanced payments from APS/Wencor. Whether they begin to receive these advanced payments this quarter or next remains to be seen. Our much anticipated guidance should give us an indication of the timing but it sounds like the deals are being made, and from what I am hearing, rather substantial ones at that.

Who the customers are, how many planes/units to be fitted and over what timeframe all remains to be seen...but this is certainly the most bullish news we have had in a LONG time.

Is all that accumulation over time about to pay off ?

The NEWS of Alaska Airs 80-100% take up rate is also very encouraging and gives credence to last years estimate of 6000 or so units over about a 5 year period coming to fruition. With Alaska and the other 9 announced airlines continuing to build their digEplayer inventories on top of the just announced pending embedded orders, EDIG`s balance sheet should improve dramatically quarter upon quarter.

It`s good to be LONG !!!!!!

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