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Message: RE: deployments vs. revenues - Sky56

RE: deployments vs. revenues - Sky56

posted on Jun 19, 2005 09:44AM
I actually think the company is doing a good job of that for us. Nearly every recent PR out of EDIG includes a statement like ``with this order/as of this date we have $X.YM in orders, some with advance payments``, or words to that effect. I think the only thing/revenue out there that they aren`t advising of are NRE fees (due to NDAs, as well as their being smaller dollars and thus NOT necessarily reportable to shareholders due to their lack of significance). Obviously, some recent deployments reported by airlines (e.g., Jetstar and Virgin Blue) were covered by returned digEs from Jetsgo and RyanAir.

One thing I have come to believe (somewhat to my own dismay) is that if something significant IS happening, EDIG will advise shareholders (as evidenced recently and historically I believe, as well as it being their fiduciary responsibility). Historically, sometimes they got it wrong (their customers didn`t come through as expected), but we were advised of the prospect (perhaps too far in advance, before it was truly and obviously a ``done deal``). I don`t think there are any big ``stealth projects`` at EDIG that they haven`t at least hinted at, and that any such projects that may exist aren`t mature or revenue producing enough to warrant disclosure. So, cynical as it may sound, my take on the overall situatiuon is that if EDIG hasn`t made ``real`` noise about it (a la Order from Wencor), it probably isn`t there, or at least not there yet. Kinda decreases the excitement level for me, but my view has matured over the years....

These things I`m pretty sure about.

SGE

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