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

To: cAPSLOCK who wrote (3031)	4/27/1999 3:12:00 PM
From: MWS	Respond to of 18366

cAPS, Thanks for verifying that this was so: "if I am not mistaken the size of an EPAC compressed file is going to be very close to the size of an mp3. Therefore download times will be about the same" This is what I was expecting. I also agree that is is only relevant in the near term as $/unit BW and $/MB continue to drop. Re Formats I agree the mass market will accept any of these encoding schemes - marketing will win converts among the contenders. There will only be a few holdouts for what is CD Q, for those who consider it the absolute standard - the rest of us will be unable to tell the difference or be listening in environments (eg car audio) where you can't tell anyway. In the world of the Consumer Electronics manufacturer's portable audio systems, the cassette tape is dead. No more wow and flutter, no more serial access. We will have random access, (relatively) undistorted reproduction carried in the solid state. As soon as prices on these devices fall to less than, what, $100US?, no more tape walkmans. Portable CD players will follow because of the lower reliability of these opto-mechanical systems vs RAM-based (or perhaps microdrive systems?). And you right in saying that the big change will come in the music industry itself, used to selling music on plastic, and which made tremendous money in the past 15 years as people changed formats from LP to CD. They now have a new virtual medium to deal with and are scrambling to get caught up. This is a major shift in what has been a $40 billion/year market. And its just starting. There is a lot of money to be made on well positioned companies like EDIG.