Re: PamDaboss
in response to
by
posted on
Dec 09, 2009 04:37PM
Yes, I agree that EDIG has done a lot to get its house in order. Their balance sheet improvements, move to profitability while eliminating debt and their continued efforts to enforce their Flash patent portfolio, which has yielded record revenues with FAT margins, has been a nice turn of events from years past. Also, the continued cost cutting measures have left them quite lean and nimble to move into whatever new opportunities that lie ahead.
Also, while Samsung was a lower settlement than most expected, it was just one of round one, just one of over 170+ and served to concluded round one and launch round 2....19 more now in the works.
The reasons I bought this stock remain intact....EDIG's patents and the anticipated big growth in flash based portable products.
Seems that remains the case. The path to this point was not the desired or predictable journey most envisioned, but none the less, we are here today.
I don't see anything holding the stock price back at this point. They did record revenues on just 6 settlements and no eVU sales. The next 12 months should see double that plus the return of the IFE market.
Given that, it is likely the chart will reflect the developments that present today.
We will be much wiser this time next year...and hopefully much richer.