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

To: cAPSLOCK who wrote (12119)	4/7/2000 3:52:00 PM
From: J.N.N.	Read Replies (1) \| Respond to of 18366

Insider sales have been analyzed and the net shares held increased by the exercising of options. Analysis proved that the amount of shares sold would have been almost exactly the amount of money to pay the taxes on the exercised shares. The insider sales and holdings definitely preclude EDIG being bought up since more shares are probably held by individual shareholders than company insiders. This is, however a raw nerve for me. I would not vote to issue stock options until certain company objectives are met. I guess in the last year, those objective have been met seeing that the stock price increase has been in the 1,000 - 10,000+ % range. But promises without confirming news cannot continue forever. Since these market are still ahead of us, we have to give EDIG the benefit of the doubt. But how long from here on can investors wait patiently with no news for weeks and months. I think most investors here will hold at least through the Christmas season unless evidence of any failure to secure at least part of these coming markets is substantiated. Just rambling thoughts on a boring day/week/month.

To: cAPSLOCK who wrote (12119)	4/7/2000 4:02:00 PM
From: RKHIII	Read Replies (1) \| Respond to of 18366

From EDIG, a reply to my inquiry concerning shares and options. The following, from Robert Putnam, addresses recent insider filings: Occasionally, we, the executive officers of the company sell a small percentage of our total e.Digital stock holdings in order to finance the exercise (purchase) of blocks of option shares to commence the long-term gain holding period, pay the associated federal and state taxes due on the option exercises and stock sales, and begin the diversification of our personal holdings. Because of a narrow trading window for executive officers due to news and developments, on February 2nd and 3rd, executive officers purchased a total of 769,500 shares through stock options exercised and sold a total of 450,000 shares. As of today, executive officers beneficially own a total of 5,142,000 shares in the form of common shares, stock options and warrants. Like other long-term shareholders, we intend to hold the majority of our shares for long-term capital gains treatment and price appreciation. We remain committed to the company's long-term goals, and are very optimistic about e.Digital's current business as well as our bright future in the portable Internet-enabled digital revolution. I hope this information is helpful to you. Best regards, Wendy Ravenel