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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: Pattie who wrote (3439)4/30/1999 11:40:00 AM
From: Jorjenzak  Read Replies (1) of 18366
 
Appears price will stablize around $2. Likely to be a bounce but I suspect it will be from below $2 back up above then settle down around $2. Just my guess. No reason at this point for another spike up to a new level as nothing has changed.

Once the promise of all these new announcements is actually realized you will see fundamentals build the volume and price back up and then it will POP again to the next level. That should be awhile away now, I suspect. Momentum traders will be drifting away now looking for the next one. Longs have no worries with this company. Will be on the Nasdaq trading above $10, $15, or even $20 in the long run. Not many OTC-BB's can expect that.

I suggest you take some profits and look to invest them in BETT. Check out the thread. I don't think you'll find a better "family" of investors anywhere on SI. And the company is showing signs of accumulation of positive news and steady price increase like EDIG did before it took off for its new level. Lots of good DD on the thread. Good Luck!!
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