NEWS ON EDIG FROM JIM SEYMOUR. Repost from RB;
By: thecash
Reply To: 55632 by coldpick Monday, 9 Aug 1999 at 9:53 PM EDT
Post # of 55652
coldpick-
More on Digital Music: This promises to be an
interesting week for those following the nascent
digital-music business. The Interactive Music
Expo, running Aug. 9 and 10 at the Jacob K. Javits
Convention Center in New York City, offers
keynotes, presentations, displays and rumors
aplenty for those trying to tell which way these
winds of change will blow.
If you've been tracking e.Digital (EDIG:Nasdaq
OTC BB), which I wrote about here last month, you
may find a demo scheduled for 2:15 p.m. Tuesday
interesting. A Lucent (LU:NYSE) rep is scheduled
to show a portable player incorporating technology
from Lucent, which I am long, and its two
technology partners, Texas Instruments
(TXN:NYSE) and e.Digital. No word yet on who's
going to sell the machine, nor whether it'll be ready
for the crucial Christmas market this year.
But if it sounds good, has a name-brand consumer
electronics firm behind it and is out in time, it could
gather a fair portion of this year's Christmas-quarter
sales.
By the way, the hailstorm (a polite term ... ) of
complaints from EDIG holders that I predicted in
that column materialized right on schedule. They
confirmed my feelings about both the penny stocks
listed on the bulletin boards, and the zealots who
trade in them and post the details of their lives on
Internet message boards devoted to them. Both the
world of bulletin board stocks and the
message-board crowds are parallel universes to
their own, and I got some genuinely wacky notes.
Plus, a friend with a larger capacity for masochism
than my own, who regularly trolls the message
boards, passed along to me some of the farther-out
notes posted about the column.
In one thread, someone discovered that there is a
heavy-metal musician named Jim Seymour whose
work is posted on MP3.com (MPPP:Nasdaq), and
so immediately assumed I had promoted MP3.com
(which I hadn't done) and dissed EDIG's prospects,
as a way of pushing more of that good old metallica
of mine. I probably don't need to spell this out for
regular readers, but although, yes, I am a musician
and composer, the heavy metal genre is about as
far from my interests and work as possible. Twasn't
me ... but I'll bet he got some weird emails!
Weirder still, an EDIG fan using the screen name
JimSeymour began posting successive rewritten
versions of my column that grew progressively more
positive than the real thing. I trust no one was fooled
by the spoofing ...
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