RE: okay then -
posted on
Aug 05, 2005 01:19PM
Also put in a sell last night for nearly all of my shares (100,000+) but it did not fill. It`s very frustrating for those who did not cash out in the hey days of the mid-teens when the company was basically hyped as a possible Qualcomm. Since then there has been a long line of disappointments and very questionable product projections from the company. Obviously, over the past 5 1/2 years there has been an embarassing amount of chat room hype that has consistently been proven wrong. I have lurked and read hundreds of hours of ego-driven drivel, first on RB, then I-Hub, and from Agoracom`s beginnings. I have been mainly entertained and ocassionally informed. However, the thrill is certainly off of the bloom. There is no more BS. It is what it is. A struggling company with little clout and money who always manages to dangle a carrot before it`s stockholders; many who are more than eager to embelish the possibilities of this being the product that will lead us to the promised land. Edig now sounds honest. No big OEM. Most likely no embedded player. A relationship with Wencor that could be anywhere from tenous to solid. A video product that must compete with other, established companies video products. The much hyped MOS which does not appear to be necessary even as products become more multi-dimensional. The pps did not crater under 10 as I expected and I have recinded my sell orders. With it all, the only positive out of the SHM was that EDIG seems to have take a long look at it`s prospects for survival and narrowed the field to the video product. The pps probably will slowly trickle below 10 with the only near term positive an occasional airline named using the product. I had intended on buying back in at lower levels. Now, I`ll just sit tight, spend less time lurking these boards, and be gratified with life`s blessings. I have alwalys felt that you haven`t lost anything until you sell and believe it or not I still expect to see a profit with this stock. I am an optimistic person. Hell, I`m a life-long Cub fan. Just felt like I had to ramble on a bit. Good Luck to all. We will persevere. Lubener