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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: rgladnick who wrote (7087)8/7/1999 1:29:00 PM
From: Dave Swanson  Read Replies (1) of 18366
 
Authorized shares raised to 200 Million last annual mtg.
I believe your figures on actual outstanding shares are accurate.
Some folks may be concerned about the potential for issuing a bunch
more shares. My own opinion is that the company wanted the authorization to issue such should the right deal come along, such
as a large equity participation by one or more of the biggies whose
names they are currently dropping. Should they do so, they would not
hear a bit of complaint from me.
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