OZ -- Generally the style of not so good news....
posted on
Mar 28, 2006 06:17AM
I suppose they will wait until the last day before giving us an update.
Yep, I hope EDIG got the bad news out of the way last week, but history does leave us with a crap shoot for the short term. Maybe we are coming out with seven this time. A positive announcement would breath a little more life into our continuing saga.
IMO, it is still going to be months before we see any large pps increases as eVU sales will take 90+ days to ship, depending on the level of tooling still needed (all of it? some?)for production and the customer`s requirments. However, I`ll take any news / increase to see EDIG over the $0.20 mark. I`m not greedy, nor am I going to be overly worried if we don`t get great news this week. If we don`t have it by the end of fiscal 1Q07 (ending June 2006, reported by July 15, 2006), then it is time to worry, IMO.
I did go back and re-read the Feb financials, your analysis at the time was and still is ``spot on.`` http://biz.yahoo.com/e/060214/edig.ob10-q_a.html
Who knows, if a deal is announced, maybe the market will forget the recent delays and not care if product has shipped and revenue realized? Most folks do have short memories -- unlike some EDIG shareholders...lol.
John