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

To: Walter Morton who wrote (7400)	8/25/1999 12:55:00 AM
From: Walter Morton	Read Replies (1) \| Respond to of 18366

It seems that Renwick Corporate Finance, Inc. disagrees with my projected earnings for EDIG: "We expect the Lanier product will produce over $8 million annually in revenues at 30% margins. Early reaction to the product at the American Health Information Management Associations (AHIMA) annual convention in New Orleans earlier this year has been positive and if the product is a hit, annual sales could exceed $12 million. We expect new projects will evolve from the Lanier relationship as Lanier is proceeding to "go digital" in other portable product lines and for other industries. We also see the need to upgrade the medical dictation product to incorporate speech-to-text technology." _____________________________________Renwick Corporate Finance, Inc. 11/23/98 Renwick Corporate Finance also predicted "$2.7 million in revenues in fiscal 1999 (March 31, 1999)..." What were sales in fiscal year 1999... about $500,000? I hope Renwick at least correctly predicted the margin (30%)on the Lanier products.