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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 (5826)6/15/1999 3:42:00 PM
From: John Curtis  Read Replies (4) | Respond to of 18366
 
Okay, from what I saw on Ragin Bulls... Lanier has announced that EDIG $3 million shippment.

Let's seeee......any bean counters out there......hmmm....$3 million divided by (how many shares outstanding?? 160 Million??). Then multiply by some fair market PE...hmmmmm....what do we get for a share price???

Anybody?? Meanwhile, with this pullback EDIG looks to be experiencing the 'ol buy on rumor, sell on news....this ain't necessarily a bad thing...indeed a certain amount of backing and filling is a good thing(imho). But while we're watching this............anybody know what the NEXT set of news announcement is suppose to be?

John~