ALL, the question regarding Interactive Object (OBJX) has come to this board several times in the past. I run into this interview with Seltzer touting OBJX while bashing EDIG. While listening to this interview, I was readng the SEC filing of OBJX at the same time. I found Seltzer claim a lot of things for OBJX which appears not supported by the SEC filing . OBJX's reference design supports only MP# and WMA of Microsoft. They are basically an IT consulting firm who just went through re-org last year . The newly formed Info Appliance comes up with the reference design after only a few months of the group's formation. He keeps claiming MSFT has equity stake in OBJX, but there is no SEC filing showing any of MSFT's equity stake. (if over 5%, it must be disclosed.) I would assume the bashing of EDIG is trying to contrast OBJX as a better investments, and from touting OBJX, I am sure Seltzer has something to gain.
**note you do decide to listen to the interview, please start at at least half length of the whole interview. That way you don't have to listen to a lot of garbage that's not related to EDIG,,..
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Seltzer claims EDIG has missed the timing on the MP3 player since they did not come up with the design until this January. He thinks EDIG worth only 100 mil.
February 8, Duration 1hour, 4 minutes
cheetahmail.com
Seltzer calls Interactive Objects (OBJX) a legitimate, mostly unknown, profitable, small and speculative play on the handheld computer, digital appliance, and digital music revolution. Seltzer talks about Microsoft's ever closer relationship with Interactive Objects which is contributing
to the development of Microsoft's digital music initiatives and the hand-held Windows "Pocket."
Seltzer says e.Digital (EDIG) is appallingly overvalued, surpassed by competitive designs, essentially having no new orders and no new revenues, just more press releases. He says, "the odds of me slam dunking over Shaq are far superior to me making money being long e.Digital." |
