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Message: RE: digE-mail...the confusing part

RE: digE-mail...the confusing part

posted on Jan 24, 2005 04:57PM
``e.Digital Corporation (OTC: EDIG), a leading innovator of proprietary digital technology platforms, today announced it expects revenues and advance payments, on purchase orders for products scheduled to ship next quarter, of over $2.2 million for the quarter ending December 31, 2004 with further business growth expected in the fourth quarter ending March 31, 2005.``...

The revenue statement clearly states that they expect to have revenue and advance payments of $2.2 million on purchase orders, with further growth expected in the fourth quarter ending March 31,2005...

Which part of the above statement by the company remains confusing to you?...

Gil,

The confusing part to most folks always begins with edig management saying ``expect``, or some form of that word. Management`s stated expectations always overstate the accomplished reality.

Note its use on July 1, 2005

e.Digital’s business derived from its proprietary personal video technology platform is increasing due to recent IFE orders placed by Aircraft Protective Systems (APS) and substantial interest in the Company’s recently developed PVPR. In the quarter ended June 30, e.Digital received orders for 3,270 digEplayer™ units from APS for Alaska Airlines, JetsGo and Hawaiian Airlines. More orders are expected this second fiscal quarter and continuing throughout fiscal 2005.

Anandpura concluded, “Most of the business we realized in the June quarter is scheduled to be shipped and accounted for in this fiscal quarter. As of today, we have more than $2 million in booked orders for the first six months of fiscal 2005 (ending September 30, 2004) and, we have received large deposits for many of these orders. With further orders anticipated <===this is just like `expect`, we expect to be ahead of last year for the same six month period and record the best fiscal second quarter revenues in e.Digital’s history.”

Commenting on the Eclipse by Fujitsu Ten (EF10) arbitration process, Anandpura remarked, “Our arbitration demand is proceeding. We remain confident in our position while remaining open to a mutually agreeable settlement through mediation. While an arbitration date has not been set, we expect the arbitration process will be completed before the end of calendar 2004.”

Just trying to help.

Wolfy

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