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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: JimC1997 who wrote (15662)10/29/2000 11:46:22 PM
From: mark cox  Read Replies (1) of 18366
 
I'm glad that Falk has addressed this in more detail with the letter. I hate to see anyone make a mistake by selling on the Naz denial. I'm sure that there will be though. Plus he threw in a couple of tidbits. Needless to say that those multi-billion dollar companies should be household names.

Mark

we are currently working with a variety of multi-billion dollar consumer electronics companies who will be bringing e.Digital-powered products to market. Three of these companies are close to launching products into the consumer marketplace.

I exercised options on 648,316 shares of e.Digital common stock, increasing my holdings to 1,115,000 shares. I incurred substantial alternative minimum tax liability based upon the closing share price on that date ($5.625). I took this action for two reasons: First, I wanted to begin a long-term capital gains holding period. I believe that e.Digital will reward long-term investors. Second, I felt that the share price on that date was attractive given the names of OEMs we are working with and the general time frame of expected announcements.

What was that again Fred?

" given the names of OEMs we are working with "
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