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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: Walter Morton who wrote (8837)12/31/1999 5:55:00 AM
From: Savant  Read Replies (1) of 18366
 
OT..Walter, what do you suppose a cramdown is?
Do you think that might have some bearing on their price?
"On October 22, 1999 the Company filed a new Plan of Reorganization and Disclosure Statement. The new Plan is proposed as a cramdown on unsecured creditors and shareholders."
OUCH>.it sounds like it might hurt.
Happy New Year,
Savant
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