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


To: JimC1997 who wrote (555)11/10/2001 7:13:58 PM
From: Starlight  Read Replies (1) | Respond to of 1644
 
I got a Christmas catalog in the mail from Amazon.com. On p. 29 the JABRA Earboom is advertised "for convenient, comfortable hands-free communication." Price $9.99. It looks like EDIG's invention has finally come into it's time under new ownership. Also, a new DELL catalog has a music jukebox advertised that looks a lot like an EDIG TREO clone.



To: JimC1997 who wrote (555)11/17/2001 4:42:12 PM
From: JimC1997  Read Replies (1) | Respond to of 1644
 
Week 46/Year 2001: EDIG vs. NASDAQ

With this week's close at 1898.58 the NASDAQ is down 23.2% from its 12/31/2000 level of 2470.52, and down 53.3% from its 12/31/99 level of 4069.31.

EDIG closed this week at $1.42, down 15.8% from its $1.6875 price on 12/31/00, and down 51.1% from its $2.9062 price on 12/31/99.

Despite the constant efforts by the bashers to discourage EDIG shareholders, EDIG has recovered from a brief period of underperformance by surging well ahead of the NASDAQ Composite over both comparison periods.

Here is the scorecard for this year: In 36 of the 46 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 32 of the 46 weekly comparisons.

Actually, EDIG could fall to $1.30 (a 9% drop) and still be ahead of the NASDAQ index this year.

Or, put another way, the NASDAQ would have to climb by 180 points - to 2079 - just to equal EDIG 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 sharp recovery, of the 150 largest technology stocks (by market capitalization at their peaks) 58 (39%!) 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 78%.

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 36 of the 46 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 EDIG? Could it rise above $3.84?

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.

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. Recently we even had one such basher admit that EDIG was a strong investment opportunity in the near-term.

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.

This month the company launched the MXP-100, a new IBM MicroDrive-based digital audio player with voice navigation and a new e-commerce site which will sell that product and other e.Digital players as they are released. The MXP-100 has received outstanding reviews both from consumers and from impartial media experts. We have been advised that a coordinated publicity campaign for that player and the new www.Edgital-Store.com site has begun. Sales of just 100 units per day will cover all of the company's operating expenses. 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. Recently Circuit City has begun sales of another e.Digital-powered jukebox under its house label. Four other digital audio players using e.Digital technology are expected to be launched in the next few weeks. Consequently we can reasonably expect many positive announcements in the near future, with many more expected in connection with the January CES show where DataPlay is likely to launch a number of e.Digital-powered audio products under a variety of major OEM brands. Each such product development 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