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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: David Graham who wrote (1439)10/8/1997 11:13:00 AM
From: Mel Spivak   of 2383
 
I heard from Mr F! He welcomes questions or concerns. You can e-mail him at AFREILICH@QFTV.COM. He said that "David Lethe was pretty much right on".... that he only sold a fraction of his stock ...well under the current market ... he was not making a current income ... and had to meet some obligations that were piling up."

More importantly for the GIFTed, he said "I am very confident about E-Data's court case and about the patent" ... "The case is in the hands of very competent attorneys".

He had an oppty that "I could not pass on".

In speaking to him over the past year or so, I was aware that he had relocated from NJ to CA to be CEO of a start-up flat screen TV company that has a great chance at huge success. They are not public.

I believe that it may be this committment that forced him to hand over the reins. I missed the call of Mr Robertson this AM. I look forward to speaking to him and wishing him the success that I believe will come to E-Data. Mel
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