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Message: Putnam

Re: Putnam / ted

in response to by
posted on Jun 10, 2008 05:13AM


Many thanks for the note to RP.

While I don't expect blow out numbers of any kind, I do believe some of the trade events over the past six months could have some positive news as well as ongoing orders to airlines we already have had in the bank. This could just be wishful thinking as the airline biz is on it's knees trying to stay afloat with the rise of jet fuel. However, past deals may still be moving along to provide some revenue to offset some of the ongoing biz expense.

How much of an offset? It's anyone's guess.

IMO, we are becoming more and more dependent on what DM can get done in the future. Maybe that's a good thing. Maybe we will see futher dilusion. Again, anyone's guess.

Either way, I trust we will hear something about Wencor's legal mess and a tidbit about DM's progress. The IFE biz is going to be tough, but EDIG had some deals and it is possble we are shipping product. IMO, biz outside the IFE marketplace are not on the table until EDIG has the cash to fund the startups.

John


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