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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: Joe Copia who wrote (1208)9/2/1998 9:40:00 AM
From: Scott R  Read Replies (2) of 18366
 
FYI... Here is a response from Robert Putnam in regards to the
19+ million shares which were recently registered...

Scott

These were shares that were talked about at last year's annual shareholders
meeting. We talked of registrations that would be affected if shareholder
approval was granted on the increase of the authorized shares; with the
approval of the shareholders, the increase in the number of shares was
authorized and this registration was a part of the reason for the increase.

I continue to look at the market cap of the company, which I believe, is
much lower than it should be based on our recent Intel agreement and our
contract with Lanier.
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