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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

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Mar 20 5:00 PM EST

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To: IEarnedIt who wrote (11353)	3/1/2000 1:34:00 AM
From: Walter Morton	Read Replies (2) of 18366

Vcall claims they did not call EDIG a scam last week and went on to pump OBJX (reading OBJX's latest news release over the Internet). The guy called Bruce on Vcall said: - EDIG is working on AT&T's and LU's a2b "encryption algorithm" (an music encryption format that will not go into production until 2001). They go on to say that EDIG is trying to create a product that will compete with LQID and EDIG does not have enough engineers and time to get a product to the market. - EDIG's weakness is that it is trying to make a product that can potentially use too many different formats. - EDIG is trying to create their own version of MP3 to compete with MP3. And EDIG is trying to compete with WMA. - EDIG has missed the MP3 window - to provide product to the MP3 market. - EDIG is trying to create a product that will compete with Microsoft's WMA. - OBJX has a closer relationship with Microsoft and WMA than EDIG. - EDIG does not have any (music player)production or licensing deals. And they believe OBJX will get more contracts "in the next couple of weeks" (20 minutes later changed this to one to two quarters). - EDIG's strategic relationships (IBM, LU, LQID, INTC, SNDK, TXN, etc., that are mentioned in the President's letter dated 1/31/00 on its web site, is "e.Digital bull" in that there is no reason to believe that any of these relationships will result in future revenue. - he is not bashing EDIG. - OBJX will be shipping in the June quarter, but EDIG does not have anything (music players) to ship. - EDIG is not in the market, does not have contracts, has not been financed. - News from OBJX will create enough hype to help keep EDIG's price up for a while. - EDIG is only worth about $.80 per share - The only way EDIG is worth its current market cap is if it has something very unique. Does anybody else see the humor in any of these statements? It reminds me of RULE NUMBER THREE:

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