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Message: Re: I guess folks are putting their cash in PTSC-tt
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Nov 27, 2007 01:31AM

Your quote from Putnam,

"We are fully engaged with several significant business opportunities within the IFE industry.

Just to clarify, I asked him about a conversation I had with him from about a month ago when he said we should have several announcements from major airlines in the next six months. He said we were still on track. They already have commitments from some while others are still being negotiated. Domestic, international and regional airlines are among the opportunities. Announcements will wait until deliveries are made. Scheduling of deliveries is dependent on the manufacture of the players. They intend to update shareholders this quarter. I don't know if that update will come in the form of an airline announcement or just a progress report.

I'm paraphrasing the above and not directly quoting.

Larry

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