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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: PartyTime who wrote (15070)9/22/2000 3:14:40 PM
From: cAPSLOCK  Read Replies (1) of 18366
 
Pluvia--The only 100 percent fact is that nearly all tech stocks, including e.Digital, since you last posted on this thread, have gone down. You agree? You do agree with this statement, don't you?

PT,

To say that

A. Tech stocks have been hammered
B. EDIG is a tech stock
C. Therefore EDIG went down because the sector was hammered .

is a faulty syllogism.

And you are smarter than that I think. There are other larger factors that led to the price decline. One fact that is clear is that EDIG is as much a BB stock as it is a tech stock.

But in the final analysis the true syllogism is:

A. Overvalued stocks eventually come down. Usually fast.
B. EDIG was a highly overvalued stock
C. Therefore EDIG fell from 22 to 5

Frankly, it may not even be worth 5.

You say: the future hold the key. I say: show me the money.

So we disagree... ;) (we've been over that part before)

regards,
cAPSLOCK
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