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Message: 2 weeks / 7 weeks

2 weeks / 7 weeks

posted on Jun 17, 2005 12:17PM
So, there are less than 2 weeks until the company releases more information on corporate and business developments - and not quite 7 weeks until the shareholder`s meeting. Does anyone really believe they`ll have anything of consequence to say? I have to admit that I certainly don`t. It`s been too quiet for too long and I`ve seen this pattern too many times before. If they don`t have any deals done yet, then what magic is going to occur right on schedule over the next 2-7 weeks? Are they not still at the mercy of their customers plans and timetables? Either the deals are already done and an official launch/announcement is imminent, or else... there`ll be nothing of value to report.

I don`t doubt there`s still a possibility for some involvement with the digEsystem, but I`m hardly convinced that they`re part of it either. Beyond that, we haven`t seen Wencor actually sell its embedded system yet. Too much has been made here of their own ‘opportunity` to be in B/E seatbacks - just in case an airline customer should desire that option. Kind of sounds like Wencor now has EDIG`s disease - opportunity rich, but actual deal poor. We shall see.

I`m afraid my opinion given the current situation is that after we`re done waiting, we`ll still be waiting.

- Sinkman

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