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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: Walter Morton who wrote (5060)6/1/1999 3:48:00 PM
From: John Curtis  Read Replies (2) of 18366
 
Sorry, been busy watching the "action" on EDIG. The folks manning the MM terminals have been practicing the fine art of a controlled descent, from what I can tell, and I always like to watch this process closely as it can kind'a give you a read on the equity in question. My gut tells me they're far from through with EDIG, so I expect more of the same tomorrow. By the by, I don't consider 1.5 million in trading volume to be insignificant, although I'll grant it's small when compared against recent average EDIG volume size.

As for Lanier....well....nope, I don't expect any customer will wait around for them to ship, UNLESS they've seen beta's of the product and were sufficient impressed with the price/performance aspects of it when compared with the competition as to wait for delivery. And since it's reasonable to assume that these potential customers HAVE seen a beta product........

But ultimately this is a BIG unknown, eh? And we all know how the market feels about unknowns....HEH! As for EDIG; today looks to be another in a string of ~$0.20 down days. Popular venacular for what's going on with them right now is......"death by a thousand cuts..." ;-)

Now let's see what tomorrow brings.

John~
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