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


To: InOverMyHead who wrote (5424)6/9/1999 1:55:00 PM
From: John Curtis  Respond to of 18366
 
IOMH: Granted my comment was an evil, nasty and insidious statement to make. Heh! I'm not trying to state it'll just naturally have to end up back at that level, but without news of any sort...well...nothing defy's gravity for long, eh?

So yup, $0.13 may be an absurd thing to think....but that does beg the question.....just WHAT IS the bottom for EDIG at this point in time? I have to hold with a sub $1 valuation as bottom; particularly if it punches through its 50 day moving average of ~$1.64, which at the current rate of sliding should occur this Friday.

The bottom line? Right now the head & shoulders formation has been broken, and EDIG's being hung by the noose of the downside pattern. But don't take all this as me being all gloom and doom. I'm merely waiting on an indication that bottom has been reached, at which point I'll be jumpin' in with a little more speculative monies. But until then......

John~



To: InOverMyHead who wrote (5424)6/9/1999 2:55:00 PM
From: InOverMyHead  Respond to of 18366
 
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June 9, 1999 02:35 PM
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e.Digital Corp EDIG - The announced that SanDisk Corp. will supply its 32 megabyte (MB) CompactFlash(TM) (CF(TM)) memory card for use in e.Digital and Lucent's new secure EPAC (Enhanced Perceptual Audio Coding) Internet music player. Recent news: On May 27, 1999 EDIG announced that it is presenting at PC Magazine Editors' Day 1999 being held in Newport Beach, California. e.Digital Corporation develops, manufactures and markets electronic products. In the past 12 months, EDIG has seen a low of $.07 and has today reached a high of $3.735.

Diamond Equities, Inc. DDEQ - Diamond Equities, Inc., through its subsidiary Precision Plastics produces plastic products from their customer's designs. In the last 52 weeks DDEQ has seen a low of $0.031 and reached a high of $3.938. DDEQ trades an average of 180,000 shares per day.

MSU Corporation MUCP - MSU recently announced it has broken escrow on a $3.5 million private share placement designed to accelerate its development of the next generation of low-cost set-top devices. MSU Corporation is an internet access company. It primarily operates through MSU (UK) Limited, which is engaged in the design and development of computer chips and chipsets for use in consumer electronic products. In the past 12 months, MUCP has seen a low of $0.31 and has reached a high of $5.938. MSU shares are trading at a beta of 2.37 and trade an average of 260,000 shares per day.

ChinaMallUSA.com Inc. CHML - CHML recently announced a retraction of its June 4 announcement of the appointment of Rick Y. Chen as Chief Financial Officer. According to Chief Executive officer Max Chen, the announcement was premature as Rick Chen has not yet formally agreed to serve as CFO. ChinaMallUSA.com Inc. is an e-commerce company facilitating trade between the United States and China. In the past 12 months, CHML has seen a low of $1.875 and has reached a high of $9.375.

Online Production Services, Inc. ONPS - The Company recently announced that the company just completed two outstanding corporate functions in Los Angeles. Online Production Services Inc. is a developer and provider of the premier Internet-based communication software for casting directors and agents in the film and television production industry. In the past 12 months, ONPS has seen a low of $1.50 and reached a high of $5.00.

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