Re: why the negative tone-tteddy
in response to
by
posted on
Nov 16, 2008 03:34PM
I was up in wine country, shared a bottle of 2000 Peter Michael cabernet with Gil (Minister) and then caught the USC-Stanford game...had very limited access to a computer.
I AM HERE and loving it.
Had EDIG had a $10 million year in eVU sales they might be teetering on the brink of making a profit and investors would be quite excited.
The current IP strategy will bring profitability much sooner as they have minimal outflow of capital to generate these net numbers.
They sit back and wait for the check.
The fact these are net numbers will impact the company's needs for capital in the future and offer options long before the eVU market holds, at least in the current economy.
This IFE market has to be impacting the competition as well...access to capital and lack of sales....and EDIG could turn profitable.
EDIG might either sell off their eVU model or buy out the competition...not sure which is more prudent...depends on the sales price I guess.