e.Digital Corporation(EDIG) - Embedded Digital Technology Message Board

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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

0.0%

Mar 20 5:00 PM EST

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To: rowrowrow who wrote (5669)	6/13/1999 3:22:00 AM
From: Walter Morton	of 18366

The stock could have been affected by the WSI interview, but not because of the Sony mix-up. I think that even the people who were trying to hype it, believed that Ness had made a mistake. If the stock was affected by the WSI interview it was more likely due to these "statements": MP3 is our initial format for Rio (So, what's the next format?) The market is evolving and so will the new format, audio, and security (What new format, Audio and security?) We announced last month that we are working with Lucent and Intertrust. (Is Lucent involved in that new format?) Those questions are what I thought of as I was listening to the interview. Some people might have speculated that if Lucent is working with Rio then EDIG is also. That's not a huge stretch. I'm sure the guy from Rio didn't know what to say after Ness made that mixed up statement about e.Digital. But the first company name to come out of the mouth of Watkins was Lucent. That's a good sign. If it is a sign. Lucent & e.Digital... It's like bacon and eggs or green eggs and ham (sdr);-). If anything else helped the stock go up it was Wendy's no comment statement. I think most people thought Ness made a mistake and dismissed it until Wendy said "no comment," including me. I still think he made a mistake, but the "no comment" makes me think that EDIG is at least talking to Sony or trying to talk to Sony. I'm sure you remember this: news.com If EDIG announces that MicroOS is now compatitible with Memory Stick then that might be a clue. I don't think the interview with Ms. Eastman on the following day had any affect on the stock price... even with her "no comment" statement. The stock was already up 12% before the interview was posted and less than 10 people read it. I think if somebody was able to get an hour by hour price of EDIG we might be able to prove that none of this news had any affect on the stock price. It could have just reached a low enough price for most people to buy more. I know I added EDIG back to my favorites list after it dropped below $2. It could also have just been the market makers manipulating us again. Maybe Monday it will drop $.75, but I hope not. <He then seemed to want the conversation to end.> Hmmmm......??? I hope he was thinking about doing an EDIG interview.

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