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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 (8837)	12/31/1999 5:55:00 AM
From: Savant	Read Replies (1) \| Respond to of 18366

OT..Walter, what do you suppose a cramdown is? Do you think that might have some bearing on their price? "On October 22, 1999 the Company filed a new Plan of Reorganization and Disclosure Statement. The new Plan is proposed as a cramdown on unsecured creditors and shareholders." OUCH>.it sounds like it might hurt. Happy New Year, Savant

To: Walter Morton who wrote (8837)	12/31/1999 8:19:00 AM
From: IEarnedIt	Read Replies (1) \| Respond to of 18366

Walter, I don't know what you are talking about but this is what I was talking about. SmartDisk Announces FlashPath Floppy Disk Adaptor for Sony's Memory Stick Initial Volume Shipments Made to Sony NAPLES, Fla.--(BUSINESS WIRE)--Nov. 2, 1999--SmartDisk Corporation (NASDAQ: SMDK), a designer, developer, and provider of products that simplify the digital lifestyle and enable consumers to easily share digital data among advanced consumer electronic products, personal computers and the Internet, today announced it has started to provide with Sony Corporation a version of its FlashPath(TM) floppy disk adaptor for Sony's Memory Stick(TM). The FlashPath design permits the easy transfer of data, images and audio to and from flash memory cards via a PC's 3.5-inch floppy disk drive. Sony will distribute the new device under its own brand name, called Memory Stick/Floppy Disk Adaptor, on a worldwide basis. The arrangement marks the beginning of a collaboration between the two companies. "We're excited to have designed this product for Sony, one of the world's most highly regarded electronics manufacturers," said Michael S. Battaglia, president and CEO of SmartDisk. "The Memory Stick/Floppy Disk Adaptor will be a viable interface between PCs and other digital applications such as digital cameras. It also fulfills a mission shared by both SmartDisk and Sony to bring simple, portable digital solutions to consumers." The Memory Stick/Floppy Disk Adaptor works with all Sony Memory Stick capacities currently available. It will be available worldwide through Sony in mid-to-late-November. About SmartDisk Corporation SmartDisk Corporation designs, develops and provides products that simplify the digital lifestyle. Its patented product solutions enable the easy transfer of images, music, voice and data among personal computers, the Internet and various types of digital appliances that use flash memory cards and/or smart cards. SmartDisk's objective is to utilize its proprietary technology to capitalize on the growing demand for digital appliances and increased usage of the Internet. The market for SmartDisk's solutions includes users of the ubiquitous and resilient 3.5-inch floppy disk drive, found worldwide on most personal computers. SmartDisk's investors include Toshiba, Fischer, Hitachi, NEC, SanDisk, SCM Microsystems and others. For more information, go to www.smartdisk.com. This press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although SmartDisk Corporation believes the expectations contained in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct. These statements may involve risks and uncertainties that could cause actual results to differ materially from the expected results. Such risks include, but are not limited to, the risk factors described in SmartDisk's Registration Statement on Form S-1 and in other reports and periodic filings made from time to time with the Securities and Exchange Commission. siliconinvestor.com SMDK is not a penny stock, does have patents and several corporate investors. I was only answering a question here and am also LONG on EDIG. JD