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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Jesse Livermore who wrote (59275)	9/13/2000 7:18:32 PM
From: PartyTime	Read Replies (1) \| Respond to of 122087

Jesse Livermore--Thanks for wishing me good luck. I appreciate that. However, you erred when you gave the following impressions: 1) Share count. I agree being off by four million is moot. 2) Lanier has not sold its division. You wrote that it did. When Lanier has sold its division, then you can say it was sold. And again, it's very possible such a sale could benefit e.Digital. In the meanwhile, it has a contract in force, signed, sealed and delivered. EDIG also derives revenue from its Maycom deal now in production; providing Q-Design prototypes; and recently inked a deal with Remote Solutions/Hango (which previously had a deal with Compaq to make the compact Cleo jukebox, which'll hold 3000 hours of music). Compaq's version of The Cleo cost $800; EDIG's version, using MicroOS, will cost $299. This will be big. Plus, other unannounced deals are in the mill. 3) Regarding officers of the company selling shares? My issue with you is that you didn't provide a full picture when you wrote that officers of the company sold shares. You clearly failed to note how many shares were sold and how many shares are still owned. EDIG's first run-up went to 24 1/2, where it became an excellent short candidate. Against these highs, EDIG's executives sold their shares between the 10 and 13 marks, and at a time when any reasonable investment thinker would realize EDIG's share price would either stall or fall (logically the latter), while its Nasdaq application pended. By the way, during this time the founder of the company and primary inventor/patent holder, Elwood Norris, didn't sell any shares. So, Jesse, the picture you painted was not clear. On the above issue, the following is interesting: ragingbull.altavista.com 4) Regarding competing with Microsoft, again I ask: What other company has a micro operating system? With e.Digital, we're discussing portable micro wireless devices; not stationary personal computers or laptops. In fact, Microsoft and e.Digital have partnered--they are not competing. 5) A good short at seven? Again, it was a better short at 24 1/2 and in that territory. And only because the Nasdaq decision didn't happen, you succeeded. But I recall you advocating shorting it to 2 1/2. Here, again, you're not paying attention to the magical five-dollar mark which will help the company get listed. Would it have been a good short at seven had it become listed? Doubtful. EDIG has 55,000 shareholder accounts and, foolish or not, they'll be lots of buys on margin; plus institutional interest will kick in once listed and trading over five. Anyway, I'm not gonna get into all this back and forth stuff. Already did more than I desired today. Now that I'm living at the beach and no longer in New York or Boston, I'm prone to just let what's gonna be, be. Personally, I welcome the shorties into EDIG. I think the company's got a lot tucked up its sleeve and will surprise you when OEM announcements and various non-disclosure deals become public knowledge. I'll take the money going up; you try and grab it going down. However, I remind you that, at this point, there's lots more upside than downside in front of this stock. Good luck, Jesse!