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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: jas244 who wrote (3763)5/6/1999 12:25:00 PM
From: J.N.N.  Read Replies (3) of 18366
 
Short Term:

I think our expectations were raised when we heard that several news items were pending. So far this week - Nothing. The silence is deafening - and probably causing the sell-off.

Also, the amount of shares, 100 million outstanding is just way too many to move this stock much farther up until substantial news is forthcoming.

EDIG would have to net 100 million dollars to have a pe of 10. 10 million to have a pe of 100. Their total revenue would probably never hit that.

I am hoping for a buyout personally.

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