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


To: InOverMyHead who wrote (7537)8/27/1999 1:21:00 PM
From: Dave Swanson  Read Replies (3) | Respond to of 18366
 
TWOMIL on Sanyo,etc

By: TWOMIL
Reply To: 67386 by Dr.B.Nine Friday, 27 Aug 1999 at 1:01 PM EDT
Post # of 67396
SANYO & EDIG:
I am not concerned about whether Sanyo will contract with eDig for all or portions of their music handheld. If they don't, they will never have a product out there in time to compete and there will be another repeat of a failed product offering as was their flash digital recorder, which they never did complete and market.

I believe they are a much wiser company now about the potential for sales in this market and perhaps with a little more humility about their engineering department not having all the necessary skills for this type of product offering.

Should either Sanyo, Mitsubishi, or Toshiba elect to work with eDig, the others will quickly follow. These 3 have all chosen Liq. Audio's DRM with which to start their efforts. I can also envision the time will soon come when eDig will have to decline new business because they have too much already in the pipeline. Then we will see eDig cherry pick the best profit margins with the least hassles.

We will only learn of their involvment with eDig when contracts are signed and only if eDig's customer permits same. I see no reason why a customer CURRENTLY would want this information witheld. It will signal their distributors in the conventional world that they will perform in a timely manner and product WILL be available.

It is also evident that Lucent and Liquid Audio will benefit by directing their customers to eDig so that the product will get done more quickly.

Good luck to all.



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To: InOverMyHead who wrote (7537)8/27/1999 3:00:00 PM
From: SunSpot  Read Replies (1) | Respond to of 18366
 
Please read Putnam's garbage. I have done some highlighting. Your stocks are being diluted! Ask Clinton what the meaning of diluted is. No, not the meaning of 'is'! Diluted dammit!

Putnam's message:
Per the terms of our $3 million financing completed at the end of June, we were contractually bound to file a registration statement no later than 30 days after receipt of the funds (June 24th). Of the 13 million shares being registered, 2,752,615 shares are being registered in connection with the financing with the balance being registered for prior financings. The majority of the individuals and entities named in the registration statement have been investors of the company for several years. When the company was in need of funding last year and had no other funding alternatives, these investors stepped up and wrote the checks. For this, we agreed that we would register their warrants and shares on the next registration statement. While I can't speak for every one of them, I believe most of them will exercise their warrants (with the proceeds going to the company) and hold them for capital gains treatment as well as expected appreciation in the price of the stock.

From time to time, Fred and I intend to exercise and sell a small percentage of our stock options (like we did in July) in order to finance the exercise (purchase) of large blocks of our stock options and pay the associated costs (the Company and Uncle Sam) in doing so. We, like all shareholders, want to own more shares and we intend to hold them for capital gains treatment and expected continued appreciation in the price of the stock. We have been, and continue to be, very positive about e.Digital and its present standing as well as its bright future.


Let me ask: What did these investors pay for their shares? Does 6 cents sound about right. Let's have the fact! They are p*ssing away the value of your stocks! Wake up!