e.Digital Corporation(EDIG) - Embedded Digital Technology Message Board

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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

0.0%

Mar 20 5:00 PM EST

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To: Savant who wrote (2325)	2/11/1999 7:18:00 AM
From: James E Lynch	Read Replies (2) of 18366

(BSNS WIRE) e.Digital Corp. Target Price Upgraded e.Digital Corp. Target Price Upgraded Business Editors SAN DIEGO--(BUSINESS WIRE)--Feb. 11, 1999--Renwick Corporate Finance, which initiated coverage of e.Digital Corp. (OTC: EDIG) on Nov. 23, 1998, has updated its research report and raised its six-month target price from $.20-.25 to $.30-.35. e.Digital Corp. currently has contracts with Lanier, a subsidiary of Harris Corp. (NYSE:HRS) and Intel (Nasdaq:INTC) and a working relationship with Lucent Technologies (NYSE:LU) to provide patented solutions for connecting portable digital devices to the PC and the Internet. Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements relating to future revenues and product development that may impact on future results and the future viability of the company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors such as future products and results, technological shifts, using contract manufacturers, potential technical difficulties that could delay new products, competition, pricing pressures and the uncertainty of market acceptance of new products by distributors, OEMs and end-user customers. --30--ts/sd* sf/sd CONTACT: e.Digital Corp. Robert Putnam, 619/679-1504 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *

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