 |
 | |
 |  |
| We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level. |
EDIG CLIENTS: lanier.com Intel (See old news releases below) Lucent Technologies news.com Message 9681557 ADAMLAB wcresa.k12.mi.us Message 9564262 EDIG AFFILIATIONS: software.ibm.com Message 9681596 COMPETITION Digital Recording Devices – Non-MP3: ewbridge.com zdnet.com insidewallstreet.com Message 9566708 MP3 Players: diamondmm.com mp3.com nomadworld.com mplayer3.com mpman.com yepp.co.kr synostech.com newscom.com Thomson Plans Hardware Player By Knickerz on May 04, 1999 Thomson Consumer Electronics, the American division of Thomson Multimedia, today announced a new personal digital audio player called the RCA Lyra. It plans to start selling the Lyra this fall for $200, the Wall Street Journal reported. It will play the popular MP3 music format and the new RealAudio G2 music format, utilizing RealJukebox. Other reports indicate that there will be MS audio support as well. It will use SanDisk's removable flash memory cards and IBM's mini-hard drives to store audio. SUNNYVALE, CA, April 27, 1999 - SanDisk Corporation (NASDAQ:SNDK) announced today that it will supply Maycom Company Ltd., a Korean consumer electronics company, with its MultiMediaCard for use with Maycom's new Merit MP-100 Player. A 32MB SanDisk MultiMediaCard will be included with each Merit MP-100 Player sold. "With increasing design momentum, our 32MB MultiMediaCard is gaining acceptance from the Internet music market to adopt our flash storage card as the industry's standard Internet music storage solution," said Nelson Chan, vice president of marketing at SanDisk. "We are pleased that Maycom, one of the driving forces in the Korean portable consumer electronics market, has chosen the SanDisk MultiMediaCard as the ideal solution to store music for the new Merit MP-100 Player." The new pocket-sized Merit MP-100 Player, weighing only 65 grams, measures 2.05 x 3.47 x .91 inches. Operating on two AAA batteries, the very small, light and easy-to-grip Merit MP-100 Player includes a worldwide FM radio. A parallel port MultiMediaCard reader/writer for Windows® 95 and 98 desktop computers is also included with the sale of each Merit MP-100 Player sold. Other Alternatives to MP3: solidaudio.jpn.net library.northernlight.com FLASH MEMORY COMPETITION: quicken.com Message 9590816 Message 9578112 Message 9602904 Message 9578758 MANAGEMENT HISTORY: This was written in January. It's old news but it gives you something to consider in terms of management and how the stock seems to go up inspite of management. The former Norris Communications has two hot buttons in its new name: a dot and a digital. As of last week, the new name is e.Digital Corp., and the new ticker symbol is EDIG. Maybe the new name has helped a bit. The stock started the year at 5.8 cents and closed Friday at 9.5 cents, up half a cent. That's still a long way from the $3.90 high of October 1994. According to the proxy statement, the board wanted to change the name to Digital Systems Development. Then someone got the idea for e.Digital, and the proxy was changed. Shareholders approved the new monicker, as well as an increase in common shares from 120 million to 200 million, at a meeting last week. A name like e.Digital makes sense because the company is now "an engineering company specializing in developing portable digital recording technology to interface with the Internet," says president and chief executive Alfred H. Falk. But this company has one big problem: credibility. That may be the reason for the name change. It has made huge claims in the past that have not come through. Falk agrees with skeptical observers: "If I were in their shoes, I would feel the same way, but what we're doing now is real. We have the contracts to show it," he says. "We have a contract with Intel to develop a specialized digital voice recorder that will utilize advanced speech-to-text and text-to-speech technology," says Falk. The present arrangement with Intel is for less than $1 million, according to a company statement. "We are also working with Lucent Technologies with regard to developing portable digital music players to interface with the Internet," says Falk, noting that e.Digital also recently got a $3 million contract from Lanier Worldwide. Falk says that e.Digital can turn profitable in the middle of this calendar year, although the 1999 fiscal year, which will end in March, will be another loser. The company had big operating losses in its previous three fiscal years. In its report to the Securities and Exchange Commission for the first nine months of fiscal 1999, the company stated that because of big operating losses, "there is substantial uncertainty about future operating results." The company said in that report that for the next twelve months, it would need $750,000 to continue operating, and "there can be no assurance that additional funding will be available or on what terms." The $750,000 may be supplied through the contracts the company has received, although "there might be additional debt financing," says Falk. The company is one of three involving the ebullient and ever-optimistic Elwood G. (Woody) Norris. He owns 5 percent of e.Digital, 28 percent of American Technology Corp. and 10 percent of Patriot Scientific Corp. American Technology, which specializes in sound reproduction technologies, lost $4.6 million for the year ended Sept. 30, compared with a loss of $2.8 million the previous year. The per-share loss swelled to 42 cents from 30 cents as sales declined to $244,000 from $1 million. The company's revenues formerly had come mainly from consumer electronic products, such as ear radios and mini-headphones, but now it is working on things like jet noise-reduction technologies. The stock closed Friday at $5.50, up 13 cents, but as recently as last May was trading at almost $11. Patriot Scientific makes a microprocessor chip. The company has been around since 1989: "We're coming out of the development stage," says Lowell Giffhorn, chief financial officer. For the second quarter ended Nov. 30, Patriot lost $1.1 million, a slight improvement over the $1.2 million loss of the same quarter of the previous year. For the first half, the loss was $2.1 million vs. a loss of $2.4 million in the previous year's period. The stock closed Friday at 50 cents, up six cents, but sold at $3.89 in May of last year. LATEST NEWS RELEASES: edig.com OLDER NEWS RELEASES: norriscomm.com FORMAT REVIEWS: david.weekly.org Message 9655213 Message 9689317 Message 9654849 Message 9655335 If I were you I would no waste my time on the Rbull@#$% board. We get more than enough cutting and pasting of Rbull@#$% on this board. Good luck with your investment decisions. Walter Morton | ||||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |