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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: MaryinRed who wrote (14372)8/23/2000 2:40:43 PM
From: JimC1997  Read Replies (3) | Respond to of 18366
 
TWOMIL on AgoraCom EDIG board:

agoracom.com

One Giant step taken today for eDig shareholders!!

The driving force behind PC manufacturers seeking Korean made products is cost. IMO, the RemoteSolution site describes the Compaq JukeBox licensed to Hango as a first gen. unit. I believe Hango/remote has sought out eDig to assist in the design of a much lower cost unit with capacity for even more feature sets.

I'm restating something I mentioned earlier because it is key to this company's success:

Why did Hango or select eDig? IMO, it is because we're the only co. that understands the requirements of the SDMI, has licensed all the codecs and DRM's, works closely with component suppliers (TI), and has an engineering team capable of working with the fabricators of devices as well understanding the market needs of the content providers.
Essentially we offer a deep base of knowledge and experience as well effective low cost product design. This is not something that is offered by co's. some would label as competitors, i.e. OBJX, BEOS.

Hango will NOT be in competition with the PC manufacturers. I predict they will use the eDig relationship to be the OEM for the various PC manufacturers. I also suspect that all the PC manufacturers have had to have had some contact with both Hango and eDig over the recent past and that there are orders already in place for these products.

Now what would be a significant reason for an NDA is how much each PC manufacturer is ordering of this product. As I'd stated earlier, I would see a minimum order per manufacturer as being 300k and that may be very conservative. Multiply 300k with at least 3 manufacturers and one has close to a million units for which Hango has contracts.

A sellable retail price for this product would be in the area of $ 250/unit with a possible manufacturing price of 90 to $ 130.00. The announcement of those details will allow analysts to review where this co. is now and will be over the near term. This will generate significant income for eDigital as well as open many doors to other large Korean entities. The crown jewel for the 'Korean connection' would be a relationship with a 50 billion+ company like Samsung.

How long can eDig remain independent and not be too visible on a buyer's radar screen? This gets much more difficult as eDigital becomes known and sought after for consulting and design services. IMO, this is starting to happen NOW. What would be a better road for shareholders would be equity investments by our partners so that working capital can be increased allowing more flexibility and opportunities for continued internal growth.

Good luck to all.