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


To: Jon Tara who wrote (14386)8/23/2000 9:19:32 PM
From: PartyTime  Respond to of 18366
 
>>>Thanks, PT for answering. So, you didn't take advantage of this morning's buying opportunity.

Why? Didn't you recognize it as such? Or have you put as much into EDIG as you intend to?<<<

Foremost, I'm an EDIG long. In the midst of attempting to, albiet unsuccessfully, daytrade EDIG in the mid-to-low teen range, I concluded, rightly, that EDIG would fall even more while the Nasdaq status was pending. I sensed any major news developments would occur near the timing of a Nasdaq listing. Thus, I sold all of my EDIG fulling intending to buy back in. I bought back at the five mark, thinking it would hold five. It didn't, so I bought more at 3 7/8.

Since I discovered and learned about the stock, it's always been my intention to ride EDIG on a very long road. When I reestablished my positions I did so in this intention. Most likely, when my positions double, I'll sell half my shares, thereby providing me with a free ride the rest of the way, come what may.

I probably won't buy more. When the tech meltdown hit clobbered us, I consolidated my money to where I concluded I could gain the most value for the buck in the shortest amount of time: EDIG. This represents my bid for recovery from the tech meltdown. Thus, as of now, I'm not buying anything, just holding and waiting.

Also, personally, I'm also doing lots of other stuff beyond stock trading. I'm now living at the beach and I'm enjoying my time away from the computer, given I'd been locked-in on the damn thing for far too long.