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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: Savant who wrote (1287)9/24/1998 2:48:00 PM
From: paulbk  Read Replies (2) of 18366
 

All,

OK, I'm ready to start complaining now. Why, on the single most
positive piece of news this stock has had in almost two years does the price go down? All buys this morning but one sell of a measly
few thousand shares drops the bid .002. I don't get it at all. I did
not expect the thing to run to a dollar or even a quarter(though either would be nice) but no movement whatsoever? There was more
movement in June when news like this was rumored and not delivered.
Is that what it is-the market wants rumors and wishes but reality is
overlooked?
Could it be the din of the dump truck motors warming up for the convertible avalanche scared the buyers away? There really hasn't been that much buying. Again there was more in June on our run-up to .14. People keep saying Norris is hyped but the recent price inaction shows no evidence of that to me-also the internet patter is
noticibly off. Anyone with a price outlook? I had thought .125 would be the staging ground for the washout of the convertibles as the last
buyers of Norris paper seem to be in at .0875. Their 12 million looks to me to have been purchased at .0875 which means to me they are now holding at a loss.
Norris now has EPS and a validation of their tech and OEM strategy
from a major corporation- which coincidentally came through with their
order a week or so after the approval of the last patent. This has got to be worth 10 cents at least,what gives-

sorry for the rant, best,p.b.
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