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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 (7426)	8/24/1999 2:10:00 PM
From: Kerry Sakolsky	Respond to of 18366

Walter, Many companies are valued on negative earnings. Your revenue projections don't take into account deals that we may not be aware of. The price may also reflect a large contract signed after the quarterly period. In November you had me convinced to vote against the increase in authorized shares. Your argument that 100% dilution would cut the share price in half made sense, so I understood why you had invested a small amount at .06 looking to buy the rest at .03. After reviewing the salaries and options of EDIG's management, I decided to vote for the increase and held my position. Sometimes common sense wins out over scrutiny. You'll have to decide now whether or not this downtrend is a buying opportunity. If it's not then you owe it to yourself to sell your shares. There is no reason for you to ride this thing down to .15. I'm guessing that's your price projection. In any case, if you sold now you'd enjoy a substantial return on your small investment. Good luck, Kerry

To: Walter Morton who wrote (7426)	8/24/1999 2:36:00 PM
From: InOverMyHead	Read Replies (2) \| Respond to of 18366

Walter, I am very tired of your posts. You go back and forth on your bashes and your complimentary posts so often, it is becoming very transparent as to when you buy and when you sell shares of EDIG. <<Will the market continue to value EDIG at over 500 times its earnings at the end this fiscal year?>> Let me see if I can answer this EASY one for you. For instance, take the second quarter pro forma earnings for Amazon.com. They announced a second quarter loss of $82.8 million or $.51 per share. If you multiply that out, you would get a yearly loss of ($2.04). The stock is trading up over $3.00 at this time to $121.50. If Amazon would make the .003 that you say EDIG will make, that would leave them with a P/E of 40,500. Why does the market continue to value AMZN at such a high price compared to its negative earnings? IOMH