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Microcap & Penny Stocks : edig (e.Digital ) -- Ignore unavailable to you. Want to Upgrade?


To: JimC1997 who wrote (476)10/16/2001 9:23:10 AM
From: bob  Respond to of 1644
 
( BW)(CA-EDIGITAL/ACTEL)(EDIG)(ACTL) e.Digital and Actel to Deliver Silicon Solution for Digital Music and Voice Recorder/Players

Business Editors/High-Tech Writers

SAN DIEGO & SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 16, 2001--

eX FPGA Benefits Include Design Security and Low Power for e-Appliance and Portable Applications

e.Digital Corp. (OTC:EDIG), a global provider of comprehensive digital product development and designs, and Actel Corp. (Nasdaq:ACTL), a supplier of innovative programmable logic solutions, today announced a technology relationship that will allow e.Digital's proprietary design to be produced within Actel's ASIC-like (application-specific integrated circuit-like) eX field-programmable gate array (FPGA) devices.
e.Digital's new solution is designed to increase reliability and reduce the board space required for implementation of advanced digital voice and music recorder/player functionality in small portable devices, such as portable Internet music players and personal digital jukeboxes.
"We've seen continued customer interest in our ASIC-like eX FPGAs for e-Appliance and portable applications, such as digital music players, due to the security and low power features of the architecture," said John East, president and chief executive officer at Actel. "Actel's eX FPGAs, combined with e.Digital's innovative technology, offers significant advantages in functionality, security and dynamic power consumption, propelling this solution into a broad range of next-generation e-Appliance and portable products."
"We are excited about working with Actel, an expert in FPGA architecture and system- and chip-level logic design," said Jim Collier, chief operating officer at e.Digital. "Actel provides an ultra-secure technology that protects our intellectual property and enhances our licensing revenue sources. It will help OEMs significantly reduce their time to market by licensing a complete, full-featured logic system that can be incorporated by their internal development teams. We are pleased to be able to meet this need and enable the next-generation of portable music and voice player products."
e.Digital's solution has potential applications in automotive stereos, home stereo systems, laptop and handheld computers, desktop PCs, cellular phones and dictation systems.
The e.Digital solution is the latest portable consumer application to incorporate Actel's FPGA devices. Actel devices are also used in digital cameras, digital film, multimedia products and smart-card readers.

About Actel's eX FPGAs

Actel's eX product family offers designers the industry's lowest power, high performance, low cost complex programmable logic device (CPLD) solution. Aimed at the growing e-Appliance and communications markets, Actel's eX family of FPGAs enables designers to use single-chip programmable logic for their traditionally low density ASIC requirements, eliminating the long lead times and costly non-recurring engineering (NRE) charges. Designing with the eX family delivers the precise features, lowest power and smallest package customers need to speed time to market without compromising cost or performance.

About Actel

Actel Corp. is a supplier of innovative programmable logic solutions, including field-programmable gate arrays (FPGAs) based on antifuse and flash technologies and embedded-programmable gate arrays (EPGAs) based on SRAM technology, as well as high-performance intellectual property (IP) cores, software development tools and design services. Founded in 1985 and headquartered in Sunnyvale, Actel employs approximately 500 people worldwide. The company is traded on the Nasdaq National Market under the symbol ACTL and is located at 955 East Arques Avenue, Sunnyvale, CA, 94086-4533. Telephone: 888/99-ACTEL (992-2835). Internet: www.actel.com.

About e.Digital

e.Digital Corp. offers an engineering partnership for the world's leading electronics companies to link portable digital devices to PCs and the Internet. e.Digital develops and markets to consumer electronics manufacturers complete end-to-end solutions for delivery and management of open and secure digital media. Applications for e.Digital's technology include portable digital music players and voice recorders, desktop, laptop and handheld computers, PC peripherals, cellular phone peripherals, e-books, video games, digital cameras and digital video recorders. Engineering services range from the licensing of e.Digital's patented MicroOS(TM) and MicroCAM(TM) technologies to custom software and hardware development, industrial design and manufacturing services. For more information on the company, please visit www.edig.com.

Editor's Note: The Actel name and logo are registered trademarks of Actel Corp. e.Digital is a trademark of e.Digital Corp. All other trademarks and service marks are the property of their respective owners.

Safe Harbor statement under the Private Securities Litigation Reform of 1995: This document contains forward-looking statements relating to future performance, technology and product development that may affect future results and the future viability of the company. Actual results could be affected or differ materially from those projected in the forward-looking statements as a result of risks and uncertainties, including future products and results, technological shifts, potential technical difficulties that could delay new products, competition, general economic factors, and conditions in the markets in which the company operates, pricing pressures, the uncertainty of market acceptance of new products and services by OEM's and end-user customers, and other factors identified and discussed in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof. Future results may differ materially from the company's current expectations.



To: JimC1997 who wrote (476)10/20/2001 8:35:28 PM
From: JimC1997  Read Replies (1) | Respond to of 1644
 
Week 42/Year 2001: EDIG vs. NASDAQ

With this week's close at 1671.31 the NASDAQ is down 32.4% from its 12/31/2000 level of 2470.52, and down 58.9% from its 12/31/99 level of 4069.31.

EDIG closed this week at $1.02, down 39.6% from its $1.6875 price on 12/31/00, and down 64.9% from its $2.9062 price on 12/31/99.

After a very strong recovery by the NASDAQ in the past four weeks (up 17.4%), EDIG has now underperformed the NASDAQ index over both periods.

At the Week 38 EDIG/NASDAQ comparison EDIG had also underperformed over both periods. What happened next? The following Monday the stock jumped over 42% in one day in anticipation of as-yet unreleased news.

Here is the scorecard for this year: In 32 of the 42 weeks EDIG has outperformed the NASDAQ Composite index on a year-to-date basis.

For the period since 12/31/99, EDIG has outperformed the NASDAQ index in 28 of the 42 weekly comparisons.

If EDIG rose to just $1.14 it would match the NASDAQ index this year.

Some bashers like to point to the decline in price that e.Digital has endured from its 1/24/00 peak and claim that EDIG has performed worse than most tech stocks.

But consider this fact: Even after the recent recovery, of the 150 largest technology stocks (by market capitalization at their peaks) 65 (over 43%!) closed this week at prices which represent more than a 90% decline from their peak value (as did EDIG, of course.) The average decline in value for all of these 150 stocks from their peak price to this week's close is 82%.

What is the point I am trying to drive home with this weekly comparison?

Not that EDIG has been a better investment than holding a diversified group of NASDAQ stocks this year (although that has been true in 32 of the 42 weeks), but rather that EDIG is closely following the fluctuations of the NASDAQ prior to the expected release of good news from the company.

EDIG shareholders know that they have a better upside potential than the vast majority of stocks in the NASDAQ Composite and are thus unwilling to sell their shares at these prices.

Yes, the NASDAQ will recover over time and will someday surpass its previous highs.

But when e.Digital is associated in news stories with the latest and by far the best digital jukebox, marketed by well-known consumer electronics brands, what will happen to the price of EDIG3? Could it rise above $3.13?

Of course it could, and likely will. But the NASDAQ would have to rise above its old 5132.52 all-time high to keep pace with EDIG if that happened.

Which do you think is more likely to occur first? A rise in the overall market above its old all-time high, or the release of revenue-related news about e.Digital products that could send the stock skyward?

For me the answer is clear and that is why I have been purchasing substantial blocks of EDIG at these levels. I expect to buy quite a bit more in upcoming weeks.

Stay the course and ignore the rantings of all of the foolish, manic bashers who fester on Raging Bull in lieu of a real life. Their goal is to disrupt the e.Digital investor community which has developed.

The "long-bashers" (who hold the stock but whine every day on this board that news hasn't been released to meet their impatient expectations) will be the saddest of all when exciting developments are unveiled, because they failed to heed suggestions to take advantage of a golden opportunity to average down their cost basis at these prices.

Recently the company announced both a new IBM MicroDrive-based audio device with voice navigation and a new strategic partner. Fred Falk has also advised all of us in his most recent letters that the list of OEM customers continues to grow and includes some of the best known brands in the consumer electronics world. The new product in production right now. We can reasonably expect many positive announcements in the next few weeks, each of which should have a favorable impact on the share price.

Keep a reasonable perspective on the relative state of your investment here. It is doing just fine, given the condition of the market.

JimC