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


To: MaryinRed who wrote (7261)8/15/1999 12:55:00 AM
From: bob  Respond to of 18366
 
Looks as though we could get some interest in the stock next week. From RB:

By: KULALODGE
Reply To: None Sunday, 15 Aug 1999 at 12:10 AM EDT
Post # of 61148


TO ALL: The June 30,1999 Financials are in: Some good information can be found at Edgar. The following excerpt should help to comfort those with worries about the immediate future of eDig. Also, you can find out the real story (terms and pricing), on how the $3,000,000 equity was procured by our management team.

LIQUIDITY AND CAPITAL RESOURCES

At June 30, 1999, the Company had a working capital of $2,127,220 compared to a
working capital deficit of $1,378,155 at March 31, 1999. The Company had
approximately $115,000 of working capital invested in inventories at June 30,
1999. The increase in working capital resulted from the sale of Series B stock
during the first quarter.

BASHERS - stick this in your pipe and smoke it!! Looks like eDig is gonna be around for a while.

To the faithful - the future just keeps on getting brighter!!!

Aloha

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)