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


To: JimC1997 who wrote (10350)1/29/2000 5:17:00 PM
From: PartyTime  Respond to of 18366
 
Very thorough and qualitative response on the holdings of insiders, Jim. Indeed, eDigital's executives are not in this for short-chump change. They, like the longs, want large money.

Moving back to technology matters, here's a nice nice technical read on Fred Falk's recent On24 interview:

ragingbull.com

By the way, the shorters have attempted to attack eDigital on three fronts: a) credibility; b) technology; and c) activity of insiders. A prudent review of the record will show that the shorters have failed on all three fronts, and that their posts were designed only to feed the selling action so that they could opportunistically make more money.

As we have reviewed the quality of eDigital's work and concluded the company as worthwhile to invest our money; so too will Nadaq review the quality of eDigital's work. Nasdaq, like us, also will view the company favorably. An interesting analogy, were eDigital applying to Harvard, it would be accepted into the institution on the basis of its scholastic achievement, rather than on family connections.

I challenge any shorter to request that the Harvard Business School do a case study analysis on the business plan of eDigital. Were the HBS to do so, shorting this stock would easily be reduced on the basis of fundamentals versus futuristic prospects. Ironically, it may well become the success of eDigital that will ultimately prompt the HBS to do such a case study.



To: JimC1997 who wrote (10350)1/29/2000 7:10:00 PM
From: Starlight  Respond to of 18366
 
Excellent analysis, JimC. It lays things out very clearly, and everyone should copy that post in case the same question comes up again.

Betty



To: JimC1997 who wrote (10350)1/30/2000 9:29:00 AM
From: Ausdauer  Read Replies (1) | Respond to of 18366
 
Jim,

re: insiders

I asked party time a simple question regarding insider holdings and whether or not there were signs that insiders were actually bold enough to purchase shares outside of those shares available via options packages. I agree that insider sells are not indicative of management's opinion of the prospects of the company.

Could you summarize holdings of the other officers and board members of EDIG and include shares that they purchased when the stock was still in the $1 and $2 dollar range?

My take on current status of things in the Internet audio market is that the variety of CODEC's available and the push to finalize some form (multiple forms?) of copyright protection add greatly to consumer confusion. Many consumers using digital music players right now employ plain old vanilla mp3. It is simple. It is universal. It is high fidelity.

I purchased a Casio Cassiopeia E-100 and a 64 MB SanDisk CompactFlash card. The player comes with support for Microsoft's CODEC designed by a small company in Oregon. You need to record files in .wma or begin with .mp3 and do a conversion of your song library. I elected to uninstall the software and download one of the many .mp3 software programs available at a low cost on the Internet and have never looked back.

In short, the consumer will drive the demand in the Internet audio market.

Ausdauer
(disclosure: no position in EDIG)