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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: JimC1997 who wrote (5969)6/19/1999 11:34:00 PM
From: Gary Mohilner  Read Replies (1) of 18366
 
I agree with all you've said, $5 is the key to a lot of things. Once the company's trading there consistently they'll be looking to get on the Nasdaq. Furthermore, most institutions don't buy stocks selling under $5, and finally brokerages will start to allow the stock to be margined.

The above could move the stock well over $5, if it can move to $5 and stay there long enough for it to happen. If news of using MicroOS and/or EPAC comes from the likes of Sony, IBM, Intel, Diamond, etc. the stock could certainly rally to $5, if several of them announce they're using eDig's technology $5 or more could be sustained long enough for all the above to happen, and then how high is up.

I'm not saying it will happen, but it could, they just need a few things to fall in place. If EPAC became the standard it would also have a similar influence, but I seriously doubt the industry will choose a single standard. Rather any methodology that gets the industry paid and minimizes or eliminates cheating will be considered acceptable. This will leave it up to the companies to select what standard they wish to use, the good thing is MicroOS can handle them all.

Gary
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