e.Digital Corporation(EDIG) - Embedded Digital Technology Message Board

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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: sdr who wrote (15631)	10/28/2000 12:01:49 AM
From: Jon Tara	Read Replies (1) of 18366

sdr, you are right: "I really don't know what Nasdaq has to do with the building of a good solid company/business " On the other hand, neither does building a good solid company/business have anything to do with a stock's price. EDIG is way over-valued, even given the rosiest possible scenario for the business. I have not criticized EDIG's business. They appear to be a fine little company that has carved themselves out a nice little niche. Just not one that justifies a market capitalization of several hundred million dollars. Hopeful shareholders have blown their prospects way out of proportion. Unfortunately, the market has run out of "greater fools" to drive the stock price higher.

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