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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: Seeker who wrote (10007)1/27/2000 12:24:00 AM
From: LLCF  Read Replies (1) of 18366
 
Touche Mike... added that post to my EDIG DD folder.... this story will be a lot of fun to watch unfold. As for Pluvia, he does his homework, so if there is a 'real' reason that this company is in trouble he will post it. So far all he's said is "it's overvalued"... well it probably popped up on his "screen" as a stock that is overextended, and a nice short in a down NASD market. If it were more than that he'd be refuting EDIG's story in one way or another. So, he's shorting and trying to "froth up" the thread into selling. He'll the stock probably is way overextended, who's to say, since they have no earnings to date and have given little visibility into future earnings [probably prudent... who could?], it's not a bid pick to try a 'short raid' on. Remember, although MicroOS appears to be a long term winner in the flash memory game, it's not assured, so there is always doubt, and plenty of people in at pennies on the dollar to 'flush out' during a down-draft. That looks like exactly the group he's aiming at.

DAK
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