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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: Pluvia who wrote (9604)1/25/2000 12:11:00 PM
From: PartyTime  Read Replies (1) of 18366
 
Pluvia--I was at a dinner in New York City last night, attended by about 30 EDIG shareholders, several of them millionaires, all of us considerably richer. There was absolutely no talk of selling.

Quite the contrary, these folks wanna go the distance! Sure they'll shave their positions a bit, but that's a logical and reasonable thing to do.

No, what happened today was a market maker/institutional induced buffalo drop (herding buffalo (shareholders) over the cliff in order to get the meat (cheap shares). This gang, behind their hired bashing hands, made some nice mid-teen purchases of shares which they'll later sell between 25 and 35. And then it'll happen all over again.
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