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Message: RE: Bash the Post -- SGE

RE: Bash the Post -- SGE

posted on Jun 21, 2005 08:28AM

Rick:

Don`t sweat it, some of us actually get it -- and posted it (see below). EDIG is not headed ``to the moon`` and it is also not headed into the tank.

We could see dilution and a corresponding drop in pps. We could also learn of possible new revenue streams which could lead to positive pps moves, but not huge until we see the numbers. Our history cannot be rewritten, the proof will be in the units actually sold to some brand -- maybe an airline or two in addition to the 13 current airlines, maybe an OEM / ODM sale to a real brand, or maybe some niche currently off our radar screen (latter is my WAG). We`ll see. However, our mutual goals are months away, not weeks, or 9 days. I do expect something good to appear with guidence. I trust it will be credible and verifiable.

If all the dots we think we know are connected, EDIG may be a profitable company with steady revenues. EDIG is not there as of 2005 fiscal year end. This we KNOW.

All just my opine. Your are very right. We will wait.

John

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Subject: RE: 2 weeks / 7 weeks -- Sinkman

From jhawk

PostID 408366 On Friday, June 17, 2005 (EST) at 5:52:53 PM

Response To: Sinkman PostID 408353

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

- Sinkman

If it is a 7 week solution sought, I think you are right, we will certainly still be waiting -- for the numbers.

If ole Fred has gotten off his arse and actually sold something directly -- not Wencor biz -- then that`s what we will hear about at the ASM. If it is business as usual, then Fred will be transparent and the ASM story will be about the great relationship we have with Wencor and some other ``expectations`` not yet realized, but in the final stages for a ``soon`` to be released announcement. All IMO, of course.

Either way, EDIG has a current revenue stream -- just not enough to cover their KNOWN SG&A burn rate. Who knows, maybe ole Fred will stand up and be noticed for selling some stuff to somebody other than a non-revenue bearing partnership agreement. It could happen. Even a broken clock gets lucky twice a day.

Either way, it will be months, not weeks, before we see large swings in the pps unless we see a drop to around $0.10 (a 33% drop which takes a 50% increase to recover). Today, the market wants to see the money in audited form. Today, it is about the numbers. So, we will wait. Remember, this is better than sitting here not knowing there is no Santa, I mean Wencor, but not much better.

Why? Because Rick knows nuthin` and I know even less.

So, what to do? Hmmm.....oh, let`s have a nice glass of red wine and worry about it in October. Gil, any new suggestions?

John

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