JT, you may view it as a POS. However, I see much, much more here. Others do as well. And I think you've had some pretty good responses to your criticisms on the technical side. So why degrade the dialogue with your standard "attacking the messenger" and "I'm owed an apology" stuff? In't it true that each of us are messengers, not just you? And realistically one will never ever, while posting in these stock discussion forums, ever get all the aplogies they deserve. So why even ask for one? If you know your ground is true, your ground is true. What more do you need?
And, Jon, what possible value could you lose by having ham and eggs with Woody on a bright San Diego morning and talking about the below information? Seems to me that what's described below is a nice qualification for Nasdaq, not the POS denigradation status you wrongfully offer up.
Read an update:
e.Digital Investor Information 02/06/2000
e.Digital Corporation offers an engineering partnership for the world's leading electronics companies to link portable digital devices to PCs and the Internet. Engineering services range from the licensing of e.Digital's patented MicroOS(TM) file management system to custom software and hardware development, design and manufacturing services.
e.Digital Website
edig.com
e.Digital News Releases
biz.yahoo.com
Current Stock Price
finance.yahoo.com
Strategic Relationships and Business Opportunities
Over the past two years we have announced strategic relationships with a number of industry leaders who share our vision of a new generation of powerful digital devices that incorporate, voice, music, data, images and full-motion video. We have forged and cultivated relationships with Lucent, IBM, Intel, Texas Instruments, Liquid Audio, Lydstrom, QDesign, SanDisk, Toshiba, Matsushita, RioPort and others. These relationships are opening multiple revenue opportunities for our technology.
Through our participation in the recording industry's Secure Digital Music Initiative (SDMI) over the last year, and our membership in IBM's VoiceTIMES alliance, e.Digital is helping build the foundation for the portable Internet devices industry. Different beneficial technologies are converging in ever-more-compact portable devices. Compatibility between future products is insured when standards are set and agreed to in the development stage. These portable devices will include Flash memory and IBM Microdrive? technology as the storage media. Our MicroOS file management system supplies the intelligence inside this new generation of digital products.
Internet Music Player
e.Digital's Internet music player design offers native multi-codec (coder/decoder) support that does not require transcoding music files. Transcoding is the practice of recompressing audio files through software to fit a single codec, resulting in reduced sound quality. Our designs have the ability to support several codecs natively, including Lucent's ePAC?, Dolby's AAC?, Microsoft's WMA?, MP3?, and others, making sure each file is decoded directly, without copying or further compression. This is very important to artists and the recording industry who desire to have the best audio fidelity possible in these new second generation Internet music players. The January 29, 2000 issue of BILLBOARD magazine includes a special insert about Lucent Technologies and features e.Digital's multi-codec Internet music player design.
In addition to Internet music, e.Digital is working with standards relating to still pictures, full-motion video, text, and/or voice, integrating emerging technology and standards into portable devices according to the needs of our OEM customers. Voice technology is emerging and will become the standard interface with products of all varieties. Streaming video of 2-6 minutes is becoming available for portable devices and we expect portable, downloadable video technology to become available over the next twelve months.
Revenue
e.Digital's revenue results from a combination of fees from licensing, non-recurring engineering services, manufacturing services, warranty services, industrial design services, and royalty payments (per unit). The majority of our revenue stream will come from up front licensing fees and ongoing royalty payments from contracts with licensees like the one announced January 5 with Maycom. We believe this business model provides the highest return for our shareholders.
Our licensing agreement with Maycom is especially significant, not only because they are the first licensee of our portable Internet music player design, but also because of their manufacturing reputation and capabilities. Maycom has the proven ability to get branded, quality products to the consumer market quickly. We expect this arrangement to produce licensing fees and ongoing royalties for e.Digital. Royalties from Maycom and future licensees of our portable Internet music player design are expected to range up to $10 per unit.
For a less technical look at e.Digital, go to:
ragingbull.com
For an indepth look at e.Digital, go to:
ragingbull.com
Join an email list for current events, go to:
egroups.com select edig
it's free and the key messages are there, it is moderated. Also go to raging links (upper right) for more directions to due diligence on this one.
(the above is compliments of LetGoJoe of RagingBull) |
