Concluded Anandpura...
posted on
May 03, 2005 06:46AM
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This is the information we were looking forward to and they decided to leave it out of today`s PR.
While portable IFE appears to be merely a backstop product at this early stage of development, it is the embedded market, KINO and other developments that should serve to round out this company.
The news blackout appears to be a result of business getting pushed back for who knows what reasons....likely the time it takes to fully develop the logistics of an embedded system and an ailing airline industry in a state of flux...hence the weak Q-4.
Nothing bad that we didn`t already know. 13 airlines going ``digEplayer`` still leads the pack of portable IFE providers.
EDIG and Wencor continue to work together.
So we wait for later this month to see what ATUL has to say.