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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: chris431 who wrote (2364)2/11/1999 5:11:00 PM
From: bob   of 18366
 
The market is giving this company a valuation based on what is known
(the Lanier deal) and what is unknown (Lucent, Intel) along with other
details such as quality of management etc. Remember too that eDIG
has a real product, a superior one I might add, for Lanier. It has
also been stated that:

"Your math, however is based on pure conjecture. You're assuming that issued shares will almost triple within the next year, and that the Lanier deal is a one-time order at $3,000,000. The company made the statement that Lanier's initial order will have to be refilled within the first five months, and that the annual order for the next two years is estimated at $8,000,000."

The market is also giving this statement it's due diligence I can assure you. All of these factors and more go into the market
valuation of the stock price including the no. of shares outstanding,
those being privately held, insider trades, etc. The point I am trying to make here is that many of us believe the stock price is
severely undervalued based on material facts as well as speculation
about the future potential of this company. It is entirely possible
for the company to turn profitable before the end of this fiscal
year and even if it does not the price could move higher based again
on speculation, especially if Intel or Lucent decide to strenghten
their relationship with eDIG.

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