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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: Joe Copia who wrote (4701)5/25/1999 2:58:00 PM
From: Sandra Simon  Read Replies (4) of 18366
 
Personally, I think the news has already been taken into account. This stock has moved from .07 to 3.00. So far this is a story stock. Now, it has to be a "show me the money" stock before it goes further. This of course is JMHO.

I would rather repurchase in the sub 2.00 level at this time, until the money shows on the balance sheet. I believe that the trading range right now is 1.50 - 3.50. Once the earnings are positive and the price is over $5, this stock will go great.

I asked Bill Wexler's opinion, because I wanted to get a feel for what the short mindset was like. Don't get me wrong, I really like e.Digital's technology and this would be a great opportunity. I just think at this point without seeing the dollars on the bottom line, we are just speculating.

Longs can hype and shorts can bash, that's what makes trades interesting.
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