Steve Harmon: Another view of e.Digital...
What is important to recognize in fully appreciating the value of eDig is e.Digital offers each of their music player OEM's more then just the versatility of the micro-os for supporting multi-codecs. The press, Steve Harmon, and general investing public have yet to digest this and when they do we will rise to new unprecented levels.
But even though the music player market is immense and surely to be very lucrative for e.Digital it is NOT the real story that is unfolding before us and the particulary savvy technical longs on this board, like jimmee11, have recognized this for some time.
You have to go back several years in this company's history to recognize that it's true expertise and focus has been the digital recording industry where they are acknowledged pioneers in leading the revolution from analog to digital recording in handheld devices. Woody Norris, the founder of this company is well known and respected at Bell Labs (lucent), Intel, and IBM. This is why they are part of an elite group of company's in IBM's Voicetimes alliance and why they were sought out strategically by Intel for their next generation portable, mobile, digital devices. In addition, e.Digital has been working with Flash Memory before I would suspect any of you on the board ever heard of it.
eDig is now being sought out by leading digital music player OEM's because of this experience. Now they will be able to offer these same OEM's and others the possibilities of expanding to digital recorders, TTV/VTT, video and the rest. These are the core capabilities that will be required in the next generation portable, mobile, digital devices.
Take a moment to think about the next generation digital devices and the convergence of technologies and capabilities. Then recognize how many different areas, markets, and companies e.Digital is working with.
I work with these technologies everyday and I can't find a better company that is positioned to exploit these opportunities at this juncture. For the same reasons I was a long term and patient (many years) investor in QCOM.
If you know a stock that is better poised to exploit this then e.Digital then by all means let me know. I'll buy some of that too while I hold on to e.Digital which I'm convinced is a sure thing.
A Raging Bull poster. |
