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

To: ekn who wrote (14074)	8/16/2000 12:10:04 AM
From: Jon Tara	Respond to of 18366

A sell program? Pa-lease! Sell programs involve multiple stocks, and certainly not OTC-BB ones, and certainly not done by the kind of unsophisticated investors that hold EDIG stock. Today was further weakness, period. I expect it to accelerate, as the NASDAQ listing process is long in the tooth, the stock price is below the NASDAQ listing criteria, and every day it stays below $5 makes the NASDAQ listing less likely. The further it goes, the further it goes. By that, I mean that it is a self-perpetuating situation - the lower it drops, the less likely a NASDAQ listing becomes. And the NASDAQ listing being less likely will drive the price lower still.