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

To: Joe Copia who wrote (5436)	6/9/1999 2:57:00 PM
From: Joe Lyddon	Read Replies (2) \| Respond to of 18366

Joe: Is Averaging down a good idea? I've heard by many people that is one you should never do. I guess there are exceptions... right? Thank you, Joe

To: Joe Copia who wrote (5436)	6/9/1999 2:57:00 PM
From: John Curtis	Read Replies (2) \| Respond to of 18366

I've decided to place two buy's....one at ~$1.50(which might get hit tomorrow what with the current rate of descent, heh), and a larger buy down in the ~$0.80 range just under the general assumption that once we get down in the low end of the $1 range we very well might see disenchantment set in, and all remaining buyers/sellers throwing in the towel. I've seen this kind of "chinese water torture", or "death by a thousand cuts" lot'sa times. It's a tactic routinely employed by the powers that be to demoralize the "populace". As such we need one big blow-off day to the downside to indicate things have finally "peaked"...and I figure that blowoff could take us alll the way down below $1 easily..... I will say I hope I'm wrong.... Now let's see how it plays out... John~