RE: However, imo, pps - JHawk
posted on
Apr 13, 2005 09:50AM
As far as waiting for Wencor, we`re getting mixed signals there IMO. Wencor was silent (to this date) re: IFE of the Year, EDIG put out a PR. But it does seem that when Wencor DOES put out a PR, EDIG has sometimes (always?) been quick to follow I believe (though there has been so little out of Wencor, this is no way to judge).
I still have a rough time believing that EDIG couldn`t issue news of orders without mentioning any names. Can`t see how this would do any harm. I mean, if EDIG simply announced that they had received orders totaling 10,000 units of an IFE device (note no mention of portable or installed), how could anyone figure out which competitor placed the orders or for how many units each (or if it were merely a re-order from an existing user)? Unfortunately for me, having this mindset is sometimes troubling! LOL
As far as what it`ll take for a significant move in PPS, I maintain my position that we won`t have to wait for financials to get a good pop (though financials will probably be the big factor in MAINTAINING a rise).
All I think it would take (and it ain`t much) is for EDIG to issue a PR as stated above (no names) saying that they had received an order totaling 10,000 units of an EDIG IFE device, and had received $2.5M in advance payment on that order. That`s it, just 10,000 units, and I bet we`d move above $.50 immediately (with a probable pull back).
Now, having stated the above, they could (but would?) also state that this order alone will make EDIG profitable in the current qtr. (assuming plenty of time for production, delivery and final payment). Then we could see a buck (then pull back).
But I KNOW nuttin`!
SGE