Not Bad...
posted on
Nov 15, 2005 09:07AM
Lots of good points and less drivel with this PR`s comments. Some posts are actually thoughtful. That`s probably a good sign. So, to be fair and balanced, I thought I would dumb down the conversation (I`m in CA for a little while longer, everything here is dumbed down to accomodate everyone here).
I like reading about increased margins, less loss, and increasing GP. Any business entity would be proud of those numbers coming from the brink of disaster and four top management turnovers in five years (Collier, Falk, Atul, Willy). As much as I have complained about the lack of a solid management plan and sales efforts, I know what they have done is not easy. For that alone, we should be, at least, calmed. Now, a little stability would be in order.
In general, we did not see the ``past senior management problems added to the loss by $X.X millions.`` IMO, that is a plus as Willy would have wanted to clear the deck for his new ride should there have been a large speed bump (in EDIG`s case we call it a crawlin` bump) to encumber fiscal 2006 earnings. Let`s hope Willy`s ride is a bit smoother than his predecessors and truely headed to black ink -- the first step needed to get out of penny stock MM hell, IMO.
However, to get excited and on to the promised land of black ink will certainly take millions of dollars in new revenues. EDIG hints at new customers and I trust they are telling us something without all the ``expects`` and ``soons`` from the past. While waiting has become an EDIG investors major past time, we have a bit more to chew on today.
The year over year revenue increase remains part of the goal. IMO, that is critical or we will see an even darker side of the pps games that are played. Far less games are played with profitable companies.
There were no mentions of specific customers and potential customers for the jackass investors to harass. I know some of the specifics of what took place in the past with multiple customers -- it was ugly. I trust Willy will keep the closed mouth policy in place, but give us the general info investors deserve.
As has already been posted, not a bad first day. Of course, Willy is still trying to find the restroom. Tick Tock.
....all worth the price paid as I am still dumber than two boxes of rocks and KNOW less than nuttin`