Re: Out of the shoot this AM, .145. eom* DB
in response to
by
posted on
Apr 15, 2009 12:25PM
DRVEN, you're a good guy and a smart investor, however, it is not accurate to state management does not have a business plan.
This entire last year, two years actually, of formulating an IP biz model was not a random act.
The continue with the plan in IFE that gave delivered a record fiscal 2008 and they are looking to expand their market beyond IFE. They stated they attended both IFE and non-IFE shows last quarter and we await an update on that matter.
Secondly, it could not be more clear that their IP business plan is being implemented and showing results now and holds promise to continue to deliver.
Again, not unlike LL, it appears you are stuck on your past disappointments with RP falling short of expectations, but that was then and this is now.
EDIG is showing growing revenues and turning a profit. That seems to disappoint some.
There is no point in shareholders shooting themselves in the foot because they are frustrated with past performance.
I am all for demanding details from the company as they can give them but I would be careful not to cut off my nose to spite my face.
This isn't the grand inquisition of EDIG managment from years gone by but merely an investment whose purpose is to return a yield on the investment.