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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: chris431 who wrote (2347)2/11/1999 12:32:00 PM
From: Kerry Sakolsky  Read Replies (2) of 18366
 
Your claims lack substance. We do not yet know what impact the Lanier deal is going to have on the bottom line. In June we will see the results of the next quarter, and I believe we will see a net profit. We will also better understand the market float, and how it relates to the stock price.

I don't think that Lucent is going to avoid the internet music market, nor do I think that Intel will avoid the embedded digital markets.

The real question, is if there are other companies competing for the same relationships with Intel and Lucent.

Embedded digital technology is leading edge, and EDIG like other companies will be trading on its potential. Of course adverse market conditions could change things.

There are huge companies out there, such as Lucent, that are trading on the future. Lucent itself has a huge market cap and has shown profits that are questionable because of its accounting practices. "Hot" stocks are speculative. The safer plays are less volatile stocks with low PE ratios.

I don't really think you have a method for calculating the current price of EDIG. Maybe I wrong. Show us how you do it.
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