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Technology Stocks : EDTA (was GIFT)
EDTA 0.000200+300.1%Mar 7 3:00 PM EST

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To: TLindt who wrote (1205)8/15/1997 11:29:00 AM
From: Kerry C. Smith   of 2383
 
I had a good conversation with Warren Cavior this morning. He is still very bullish on E-data, the management and their prospects. He has not been an insider for awhile and he says he has not heard anything to change his outlook. He believes that GIFT will prevail.In fact, he told me of another patent case that took three years to settle and the small company is now generating 12 million in royalties. He believes this is a similar situation. He is still long the stock. He did not give me the exact reason for selling only that it was personal. I reminded him that I have a large position largely because of his confidence in the prospects and he says he hasn't changed his opinion a bit.
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