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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: InOverMyHead who wrote (5414)6/9/1999 12:26:00 PM
From: Codee  Read Replies (1) | Respond to of 18366
 
Wow...you guys are chopping it up on this exciting thread...unlike
one of my current penny play "RDIM" eventhough is has
a web launch coming on the 15th of next week...first of
its kind...an internet buying club...facilitate big savings...
direct connect to the manufacturers...

However, it is very quiet there...I think most people
are just waiting for it to go live and then ... so
do you own DD and see if you want to get in early
and take the additional rish... vol is very low...
which is not a positive sign however this also
indicates minimal selling if you are an optimist...



To: InOverMyHead who wrote (5414)6/9/1999 12:45:00 PM
From: John Curtis  Read Replies (1) | Respond to of 18366
 
InOver: Ohh, yeah, it's gathering steam all right.....to the down side!! The bid just broke $1.90. I've got to say I've been watching the tick by tick action on this "thang" over the past few days, just to get a feel for the "table". Man, the "dealer" certainly has control over this puppy. It's been a relentless move to the downside just about every day for the past 2 weeks. A slow, ceaseless set of lowering the bid(with size invariably at 5) a penny at a time.

I figure folks will start getting nervous about now, watching all their paper profits evaporate, and this'll only aggravate the downside slide further. I'll have to say I'm impressed. It ain't often I get to watch a stock lose 50% of it's value in two weeks time, much less the possibility looming on the horizon that it'll lose close to ALL of its recent runup(I'm guessing of course, but there's nothing fundamentally holding this stock up....so once the news pressure evaporates.......).

Now down to $1.81 x $1.84...yup...slide is DEFINITELY accelerating..

John~



To: InOverMyHead who wrote (5414)6/9/1999 1:05:00 PM
From: Starlight  Respond to of 18366
 
No - actually they're located in a very nice industrial park along with a lot of big name companies.