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Technology Stocks : EDTA (was GIFT)
EDTA 0.00005000.0%Nov 14 9:30 AM EST

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To: Bob Witt who wrote (1396)10/2/1997 10:10:00 PM
From: Jose A. Suarez   of 2383
 
My opinion...

I think that the ultimate win (or loss) for E-Data in court is still at least a year away... if not longer.

A win in the scope of the claim at the Markman hearing could certainly push this stock into double digits....

An ultimate win could push this stock many times higher than its previous high of $10+/-.

One or two settlements... and we'll be in solid middle single digits.

I have been accumulating now for some time... buying as low as 5/8... and I am in no hurry to sell at these prices...

Trying to determine the correct capitalization of this company is impossible at this time. You could argue that it is worth .25 a share just as much as you could argue that it is worth $20 a share...

But no matter what, since it is so thinly traded... it won't take much to push this stock into double digits.

Then of course, if Arnold sells his registered shares (at Charles Schwab)... then all bets are off... I certainly hope he doesn't... even if he needs the money for an "emergency".
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