Is Blakeley the real deal?
posted on
Mar 22, 2007 07:02AM
Good management is always key for any company's success. 1.25 years into the deal the stock is trading at a new 52 week high. The company reported an improved quarter after spending a year restructuring and refocusing on what is to be its future...new eVU business and patent valuations.
Restructed debt, access to capital, MEZZO customers and pending EDIG customers have turned what looked like another disappointing year into one of new opportunity.
About a week or less to see what he's accomplished this past quarter as well as further focus in on what's next.
It appears the market is quite interested in EDIG's potential based on the volume and price movement of late. Further follow through and the 3-5 year highs may be the next target.
If Blakeley delivers, today's price point will prove to be cheap. It may still be too soon to look that far forward but considering the size of the flash markets targeted and the 174 infringers already noted, it could also move quickly, in advance of anticipated events...as is part of this company's well documented history.
After all, we are all here for that huge potential to finally be realized.
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=EDIG&sid=0&o_symb=EDIG&freq=2&time=12