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: Tinroad who wrote (8141)	10/20/1999 1:25:00 PM
From: Ausdauer	Read Replies (2) of 18366

Tin, For the three months ended June 30, 1999, the Company reported a gross profit of $7,723 as compared to a gross loss of $21,581 for the first three months of fiscal 1999. A 62% reduction in total revenues and a profitable quarter. I guess I don't really follow the math too well. The total revenues for EDIG are pretty miniscule at this point. I am making the assumption that those long this stock believe a major contract either for production or for royalties is in the making. I also notice the number of shares issued in now over 100 million (and nearly twice the prior quarter) with 200 million registered for issue. I haven't had the chance to read back through all the posts, but does anyone have a handle on the number and potential size of contracts being contemplated to serve the mp3 market? Ausdauer

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