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

To: Kerry Sakolsky who wrote (5696)	6/13/1999 8:42:00 PM
From: bob	Read Replies (3) \| Respond to of 18366

*YIKES!!!!!* From thestockgroup.com. thestockgroup.com e.Digital Corporation Trading: Nasdaq Over-the-counter Bulletin Board Ticker Symbol: EDIG Post Date: June 13, 1999 Current Bid: 2.37 Current Ask: 2.4 e.Digital Corporation offers an engineering partnership for the world's leading electronics companies to link portable digital devices to PCs and the Internet. Engineering services range from the licensing of e.Digital's multi-patented MicroOS™ file management system to custom software and hardware development and manufacturing services. Company Background and Current Projects e.Digital, based in San Diego, California, offers custom product design and manufacturing services to its Original Equipment Manufacture (OEM) customers and licenses its line of patented hardware and software technologies for use in a wide variety of handheld devices. Currently, the company is developing products for Lanier Worldwide, Inc., and Intel Corporation. e.Digital has also developed a prototype of a solid-state music player for Lucent Technologies. The company is an innovator in utilizing flash memory for digital voice, audio, image, video and data recording, storage, computer interface and playback. e.Digital's specialty is developing computer-compatible OEM products utilizing its patented MicroOS™ flash memory file management system. e.Digital Corporation provides turnkey solutions for major OEM's connecting portable digital recording devices to the Internet and local networks. Commencing in 1993, its engineering group has led the conversion of audio signals from analog to digital, created a new class of digital-memory-based consumer products, and completed successful projects linking handheld audio recorders to the PC and the Internet. e.Digital's most recent project pairs them with Lucent Technologies and Texas Instruments to develop a handheld Internet music device that will compete with MP3 systems. Unlike other handheld devices on the market that play downloadable music using the MP3 format, the e.Digital device will play files compliant with the new Enhanced Perceptual Audio Coder (EPAC) specification. The new device is due to ship this December and incorporates technologies developed by all three partners. e.Digital continues it efforts in obtaining new business clients. Their main focus is on dictation equipment manufacturers; Internet music providers; digital camera developers; developers of music compression technology; and developers of portable music devices and other portable products (i.e. cell phones, handheld PC's, etc.). Technology Overview and Comparison e.Digital values continued technological advancements. The company has a record of innovation in its field. e.Digital Corporation was the first to: Use Flash memory in a handheld voice recording device; Use removable digital recording media in a handheld device; Interface a portable voice recorder with a PC and the Internet using removable storage media; and Record and play back CD quality music using CompactFlash™ storage media. The company has been granted five patents on its handheld recording systems, with additional patents pending. The current patents cover both hardware and software developed by the company. Patent-protected intellectual property includes handheld recording devices, e.Digital's MicroOS file management system, the use of removable flash memory cartridges in a handheld device, and their streamlined methods for recording and editing files in portable systems where memory is at a premium. e.Digital has developed a version of its MicroOS file management system specially adapted for use with larger music files. The company has incorporated MicroOS Audio into a portable CD quality music player and recorder that includes a PC interface. This system is targeted at the emerging market for online music sales over the Internet. Visit e.Digital's home page for more information. Chart Analysis This Chart is brought to you from Big Charts. This stock is closing in on a buy point based on six month MACD trending. Based on this trend, this stock should be bought in a 3 to 10 day window beginning June 14, 1999. The trend returned 1175% in 3 trades. Six month Stochastics trending shows the stock to have just entered an oversold condition. The stock has not reached its low based on this trend, but should in a 10 to 20 day window based on previous data. Stochastics trending returned 1377% in 1 trade.Wilder RSI trending also indicates a buy period approaching in 7 to 28 days. Six month Wilder RSI trending indicates a buy one week ago. The trend is currently at 50%. Wilder RSI trending returned 1255% in 3 trades. All Wilder RSI trends of 10 days or less indicate this stock is in an oversold condition and should be bought soon. You can view these trends and more at wallstreetcity.com. Recent News May 27, 1999 e.Digital Corp. (OTCBB:EDIG - news) announced that it is presenting today at PC Magazine Editors' Day 1999 being held in Newport Beach, Calif. e.Digital is demonstrating an EPAC (Enhanced Perceptual Audio Coding) Internet music player which e.Digital and Lucent Technologies (NYSE:LU - news) are jointly offering to OEM customers. The secure EPAC Internet music player features e.Digital's multi-patented MicroOS(TM) file management system and Lucent's EPAC. The EPAC Internet music player offers high security, copyright protection and CD-transparent sound quality. Read more at: biz.yahoo.com May 26, 1999 e.Digital Corp. (OTCBB:EDIG - news) and Lucent Technologies (NYSE:LU - news) announced today that SanDisk Corp. (Nasdaq:SNDK - news) 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. e.Digital and Lucent are jointly offering to OEM customers licensing of their reference design as well as the handheld solid-state music player. A 32MB SanDisk CompactFlash card will be included with each portable EPAC Internet music player sold. Read more at: biz.yahoo.com More news headlines can be viewed at biz.yahoo.com Rumor Play This section is devoted to rumors that have been recently posted on the internet. theStockGroup does not guarantee that there is any truth to these rumors, but the rumors can have implications to the stock's value. 1. Potential Buy-Out? - There are rumors of a possible buy-out. There were no details on who is targeting e.Digital, but a buy-out could dramatically drive up the stock value. 2. Working with Sony?- In an interview between David Watkins, President of Diamond Multimedia Systems' RioPort Division, and Jordan Ness, Interviewer representing Wall Street Interviews, Mr. Ness commented on work being done between Sony and e.Digital. It seems Sony is looking for a product that would include a security device that allows for the internet content originator to receive payment from the person wanting the content. It was rumored that Sony and e.Digital were close to having a product on the market. Focus on minutes 12-14 in the following link: Diamond Multimedia Systems(NASDAQ-DIMD)David Watkins, President of the RioPort Division 3. More Contracts?- There are rumors that there will be numerous press releases within the next month. The content of these releases is expected to be the announcement of more contracts, alignments with other companies, and increased sales. Company Outlook theStockGroup has been watching e.Digital and has wanted to publish this information for some time. Even with the latest rise and fall of the stock value, we feel that this stock can still do better. e.Digital's partnership with Lucent Technologies and Texas Instruments puts them in an emerging market early. As more and more internet users gain faster internet connections, the MP3 music business could flourish. Rumors of a product developed with Sony make e.Digital a large player in this market. A few more contracts rumored on the way give e.Digital a modest income with a bright future. theStockGroup foresees the stock to reach $4-6 (>70% return) in the near future (<3 months) and $8-12 (>250%) long term (1 year). Links edig.com