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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: bob who wrote (5488)6/10/1999 9:28:00 AM
From: John Curtis  Read Replies (3) of 18366
 
Bob: Hmmmm...interesting. A person who owns 4 million shares of EDIG, and who posts on RB? Yah, and I've got a bridge to sell ya. Heh! Man o man the things people will post.....and most of that kind of "stuff" typically is posted on OTC BB threads. So it goes....

As for EDIG. I know some are grumbly suspicious of my stance since I've bothered to post a wee few comments here just by way of conversation. The logic used is since I'm bothering with the play by play to the downside I just must be short this issue. Nope. There ain't been any upside as yet. I'm actually long a wee bit. First purchase was at ~$2.20, next purchase will be at ~$1.50(if it gets hit), and the next purchase MAY be at ~$0.80 if the slide reaches that level. Now WHY would I do it? Because I've certain faith in LU, and the folks I know both there and at TI. They're not directly connected to this effort, but I trust in the talents of the companies just mentioned.

But meanwhile, EDIG's slide looks to be continuing today, if'n the powers that be haven't reached their target point. Soooo, I look for it to touch into the $1.50 range, and then rebound with a close in the $1.60's. This is merely projecting the slide from yesterdays close. However, should it start to run, then depending on the size of the run, and its volume, well.....maybe the down trend will be broken.

Bottom Line? Let's see how it plays out today...

John~
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