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Microcap & Penny Stocks : EDIS -- Ignore unavailable to you. Want to Upgrade?

To: Dwayne Hines who wrote (2362)	12/5/1999 12:13:00 PM
From: Douglas Rhodes	Respond to of 3043

I think this puppy is really starting to get some base here in the 80 to 90 cent range. There have been several 2 million plus share trading days in this range. All the folks that have been holding this thing in the sub 25 cent range are afraid it will go back and are dumping for the "bird in hand profit". Not a bad strategy but for every one of those folks somebody is buying the shares at these prices thinking it's a great investment. They weren't willing to pay 15 cents for it two months ago but they will pay a buck for it now!! Something is definitely in the works at EDIS or MILLIONS of investment dollars wouldn't be buying this thing at this price. I think the $1.00 price will be hard to get over (lots of resistance at that psychological price). But once it does get over a buck and holds, $2 won't be far behind. The attempts to slide this thing down to the 70 and 80 cent range are finally shaking out all the weak hands and those folks will all be gone soon. Hoping, Dusty