|Wiseman....Hey Michael! Regarding EDIG....Yep, still high on them. I'm up to about 18K shares, 8K of which are trading shares for things I expect to happen this quarter and next. IMHO, this is a very good time to accumulate. Here is my latest DD phone discussion with Their Sr. VP, Robert Putnam:|
I have been holding this thing quite a while, but I continue to believe they are the real deal and in for some significant upside potential by year's end. I DO wish I'd taken advantage of the run up into the twenties to trade a bit, but that's hindsight. ;-) I strongly recommend that you research DataPlay's new optical disk technology in conjunction with EDIG.:
This storage medium shows tremendous promise, is backed by some real heavyweights, and is scheduled for a massive $115 million ad campaign around October when it, and many of the new products capable of integrating these disks, will be unveiled to the public. As you will see from my talk with EDIG, they may be necessary to some aspect of DataPlay integration. I will explore this farther with them in the future, but right now they are the only third party integrator of DP technology. Bodes well for future quarters' revenues
Anyway, suffice it to say that I still like them a lot. They are at the mercy of the timelines of OEM's and the Big Labels, so they have been brutally punished because the digital music products they have worked on wouldn't be introduced until secured digital content was out there. That is only happening now, slowly, but they still appear to very well positioned to take advantage of this market. Time will tell. One thing to note...They report earnings on or before 6/30, and the FY revenues this time almost equal the last 3 FY's combined, or around 650K (Read the last Letter from the CEO). I do believe there is very little downside risk at these prices. Long answer to a short question, I guess. Good luck!