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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST
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To: Kerry Sakolsky who wrote (15072)9/22/2000 3:45:43 PM
From: PartyTime  Read Replies (1) of 18366
 
Funny how logic works, ain't it? Of course, EDIG was impacted by matters other than a falling tech market in general.

However, I dare say that the folks who were rooting for the Yankees last year when they won it, are not today rooting for and still taking credit for last year's Yankees. No, they're now behind this year's Yankees and they think they'll win it on the basis of this year's team. In effect, what Pluvia is doing is trying now to take credit for last year's Yankees.

It's one thing to take credit when you pick one out of hundreds of stocks and say it'll go down. If the one you picked goes down but the others do not, well, take the credit due. However, it's not quite as sexy, I think, to take credit for the one you picked to go down and hundreds of other stocks go down with it. This is my only point.

Regarding other reasons why EDIG went down? Well, after not getting anywhere trying to daytrade it, I finally realized there'd be either a stall or a fall while the Nasdaq process pended. I'm glad I made that decision before EDIG and hundreds of other stocks crashed in concert, a situation today we've yet to recover from.

PS: But ultimately I suspect Pluvia's appearance today is indicative of his setting the table for a shorting action which he thinks will take effect once EDIG hits Nasdaq. That'd be my guess.
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