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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: paulmcg0 who wrote (6032)6/23/1999 8:00:00 PM
From: JimC1997  Read Replies (1) of 18366
 
Paul,

You will find, upon further investigation, that the primary causes of the increase in the price of e.Digital stock this year were a series of press releases which detail new business relationships with IBM, Lucent and Lanier. In the case of IBM and Lucent the press releases were issued by those companies, which further supports the credibility of e.Digital.

The Lanier relationship alone is expected to generate sufficient revenues to put e.Digital solidly in the black this year. The initial shipment (which began last week) was for $3 million.

Jim
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