e.Digital Corporation(EDIG) - Embedded Digital Technology Message Board

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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

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Mar 20 5:00 PM EST

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To: John Solder who wrote (5133)	6/2/1999 12:32:00 PM
From: John Curtis	Read Replies (1) of 18366

What we have here....is a falling knife. $2.01 x $2.02. It sure has the look of a pump and dump, excepting pump & dumps don't usually have big name partnerships. Soooo, it looks like this is the "cut the knees out from under it" blow off sell off, liberally helped by general market conditions. And the longer we go without hearing anything from Lanier, the worse it may get. Let's see, in less than a week this stock has lost 30% of it's value. At the rate it's going......it'll be back in the penny range very soon.... Now let's see if the drop stops at $2. Right now it's breathing down on its 52 day moving average. If it breaks that then, imho, it'll definitely head for a TOTAL retrenchment. How's everyones stomach today? ;-) John~

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