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

To: BuzzVA who wrote (14109)	8/16/2000 3:14:30 PM
From: JimC1997	Read Replies (1) \| Respond to of 18366

Nice post by AKAOOS on Raging Bull: ragingbull.altavista.com WHERE IS our well-deserved EDIG HYPE? It is NOT easy to become rich or successful. Both of these situations result from taking calculated risks – NOT from “get rich quick” schemes. Those of us who are wasting our time complaining about everything EXCEPT what is real are those who will be complaining later on about what IS REAL. EDIG is currently in it’s best position ever – and it’s almost at it’s lowest price! Go figure. Instead of buying all the shares we can, we prefer to complain about why the price is so low. Who cares WHY it is low? If we know what we own we also know this is the time to BUY those extra shares! Do we expect to miraculously own shares at a high price if we do not first buy these shares? We all know the best situation is to buy low and sell high. Funny how hard this is when the opportunity presents itself. We are now living that opportunity. How many of us are taking advantage of this depressed EDIG share price to add those shares that we wished we owned back in January when the price rose? Have we all been so spoiled by the brief “false alarm” run-up in January that we are unable to take advantage of this real opportunity now? Isn’t it funny how most people prefer to complain and place blame anywhere rather than take responsibility for their own lives? How many of us have openly wished that we had shares of Microsoft, Qualcomm, Dell, before they became big, famous, and EXPENSIVE? Just how did we expect these companies got to where they are now? Did they all start off at $50 per share? Here we are, watching passively as the price of EDIG shares continues to fall and we STOP BUYING just when the buying opportunity is at its best point. AND, we will continue to wish we owned DELL, Microsoft, Qualcomm when they were selling for pennies per share. This is human nature. We will continue to make the same mistakes over and over, swearing that we are behaving differently. What is different? Sure, if Microsoft sold for $5/share tomorrow we’d all buy thousands of shares. Now we know today we will buy Microsoft but we are unable to transpose this when presented with another similar opportunity. Don’t we realize Microsoft and all the other excellent companies also sold for much less than what they were worth? And, people were just as hesitant to buy those shares then as we are now to buy our EDIG shares! We have learned nothing more than to behave differently ONLY if the identical conditions exist, which is never possible. EDIG has used up more than 6 months of NASDAQ Discovery. How much longer until the listing? Certainly 6 months sooner than it was back in February when they initially submitted their application … but the share price is much more reasonable today. We are assured our company is who they say they are. After all this NASDAQ Discovery, you can bet every piece of information given out is accurate. We have all but eliminated the OTC/BB risk due to the NASDAQ inquiry. Again, despite these added assurances, the share price is much more reasonable today than it was back in February. More OEMs have been lined up and ready to sign on the dotted line. There are 6 months worth of OEMS – many more than there were back in February. But that share price is lower today, although the actual share value is greater than it was in February. The industry is starting to make its big marketing announcements; players are starting to show up; content is coming; a few companies are experimenting with their own multi-codec instruments as they await the big push forward. Everything is coming together for e.Digital. The industry is falling into place. Their recent quarterly reports shows excellent income projections for the next quarter. This next quarter is projected to be the first positive earnings quarter for e.Digital. They continue to add engineers and OEMs. All these conditions reflect a company better positioned today than 6 months back, yet the share price is much lower. What an excellent buying opportunity for those of us who know what we own. Still, people expect to see what has not been promised, what is not related to e.Digital, and what has nothing to do with the current technology or e.Digital’s emergence into this new market. We have expectations that have no ties to reality and none to the success of e.Digital, but when these irrational expectations are not met, we feel there is something wrong with the company instead of with our expectations, and start to complain, instead of strengthening our positions. I say this because the EDIG share price dropped after another excellent quarterly REPORT. Did many shareholders still expect to see profits from contracts not yet executed? We have seen previously that this does not happen. Does anyone doubt the excellence of a report showing a single penny loss compared to one a year ago showing the loss of multimillions of dollars? What about expecting a Compaq announcement this week that never came? Who expected Compaq to announce they are using e.Digital in the first place? Why would they do this now, at this time? They have had a multi-codec computer out without EDIG inside for many months now. Why would this change when no other players have stepped forward yet? Which OEMs are going to announce “EDIG INSIDE” when they haven’t even readied the pubic to be receptive to secure Multi-codec Internet Music Players? Who is going to care what is inside before any of this technology even hits the Market? What are we expecting from this company? If we really know what we own, what is it we are we complaining about now? Do many of us prefer complaining to taking positive action to better our position in this stock when we have another excellent opportunity to do so? How many of us were kicking ourselves back in January when we saw we didn’t have as many EDIG shares as we would have liked to have when the price went into the teens and twenties? Have we all forgotten how some of us manage to get those extra shares so when the price goes up we have a few to sell and some to keep for the long haul? At what point do we prefer to add these “extra” shares to our portfolios? When the price per share is $3 to $5 or when the price is $15 to $20? This is our last chance to get those shares so that when the price begins to reflect the value of the e.Digital Company, we will not all be bitching and moaning again about how we were fooled by the MMs, the Management, the Market, the Music Companies, the Full Moon. When are we going to again act like those “Benevolent Barracudas”, fully prepared and deserving to profit from the emergence of EDIG into this new Marketplace? Do we all have a case of Summer doldrums? WAKE UP! WE ARE HERE! BUY MORE! ENJOY EARLY RETIREMENT! Arrrrgggghhhhhh!!!!!! Sometimes it is very difficult to be human! PS – Sorry to “Post-and-Run but … thought this was a good time to share my feelings … the best buying opportunity of the year!