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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 (2364)2/11/1999 3:49:00 PM
From: Kerry Sakolsky  Read Replies (1) of 18366
 
"For the six months ended 9/30/98, revenues decreased 64% to $255 thousand. Net loss applicable to Common Stock increased from $326 thousand to $956 thousand."

That's an accurate statement.

Your math, however is based on pure conjecture. You're assuming that issued shares will almost triple within the next year, and that the Lanier deal is a one-time order at $3,000,000. The company made the statement that Lanier's initial order will have to be refilled within the first five months, and that the annual order for the next two years is estimated at $8,000,000.

>>Now, why don't you explain how the Lanier contract, that we now have (no speculation, please) will
make EDIG go "beyond" where it is presently?<<

I don't know how the Lanier deal will move this stock, and I certainly wouldn't speculate. You've stated that the Lanier deal will not move this stock beyond its current price. Thank you for the explanation. You had me concerned.
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