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


To: Todd Pagel who wrote (16173)11/23/2000 12:26:11 AM
From: Jon Tara  Respond to of 18366
 
Todd, no, I am not retreating. I am just showing how rediculous JimC's argument is, EVEN given your generous revenue projection.

You can't believe both your revenue project and JimC's $38 valuation.

That requires two things that are rather a stretch of the imagination:

1. Revenues some 6.5X what you are projecting.

2. A market that will support the kind of multiples that it supported last year, but which I do not beleive we will see again in our lifetimes.

Taking YOUR projection, and JimC's valuation model, EDIG might be worth perhaps twice what it is now selling at, IF it can reach your revenue projection. Given that, I'd say that it's fairly valued today. But I don't believe either your projection or JimC's valuation model.

I feel that EDIG is still very significantly over-valued, and that the market price of the stock will continue to slide to below $1.