SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: IEarnedIt who wrote (11971)4/1/2000 8:36:00 AM
From: JimC1997  Read Replies (1) | Respond to of 18366
 
Just to keep the record in perspective:

In January EDIG rose $10.28/share (up 353.8%)

In February EDIG rose $1.50/share (up 11.4%)

In March EDIG retraced $4.63/share (down 31.5%)

Overall, since Christmas, EDIG has increased by $8.03/share for a net gain of 395.4% in that period. Not bad!

During that same period (since Christmas) the NASDAQ composite rose 15.2%. The NASDAQ index has been quite volatile, reflecting the overall decline in technology stocks recently and from its peak on March 10 at 5132.5 it has recently fallen to a low of 4355.7 on March 30, which was a drop of 15.1%.

I believe that the recent price weakness in EDIG is simply a reflection of that overall market pattern for tech stocks in March. Upcoming developments (NASDAQ listing and OEM announcements) should have a substantial upward effect on the stock's value.

JimC