Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Starlight who wrote (1824)	1/21/1999 2:24:00 AM
From: paulbk	Read Replies (4) \| Respond to of 18366

Elizabeth, I thought the mantra we've been listening to was profitability in the near term. I understand why they needed to do it before but that last million dollar financing was brutal and as we haven't yet escaped the consequences of the financing before that,talk of a third one is scary to me. They would be doing us great injury to do yet an- other financing and I would have to present a shareholder proposal at the next meeting to change the "i" in the symbol to an "o". These financings are a little like going amuk with credit cards except the debtor doesn't have to repay the loan-we do.(There seems to be no incentive not to do them actually as they are so sweet for the corp- oration.)At this point,their business plan works or it doesn't. We've given them more shares to sell twice now and our reward is 200 million shares and a yearly high of .15. This is a frustrating stock- there seems to be a lot of promise here- of course ,if they come,hat in hand, and ask for just one more round of convertibles, what could you do? You would probably have to give it to them. I just hope they stick to their earlier promises of turning this thing around this year-now- with the building blocks they have at hand, best,p.b.