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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: Scott R who wrote (3346)4/29/1999 3:06:00 PM
From: chris431  Read Replies (1) of 18366
 
Regarding today's trading. It should have been expected. The open was weak, it's attempts at reaching over 3 once it sank below 3 were highly challenged by MM (as Jim stated). Besides, this is the 3rd day of the major trading. Very rarely does the 3rd day rule fail. As such, a pull back was expected and we will close at a loss. The question for each and every one of us is whether or not we want to miss the next run on legitimate, released news (by selling this morning). I think the risk of missing out far outweighs any gains that may be had trading this stock. I hope I'm not wrong, b/c most of us long termers here at SI are in at or under $.20 and are sitting on very, very, nice profits (which many have never participated or will never participate again....this recent EDIG move blows the .com stocks out of the water as far as percentage gains are concerned).

Chris
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