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: Savant who wrote (2325)	2/11/1999 7:18:00 AM
From: James E Lynch	Read Replies (2) \| Respond to of 18366

(BSNS WIRE) e.Digital Corp. Target Price Upgraded e.Digital Corp. Target Price Upgraded Business Editors SAN DIEGO--(BUSINESS WIRE)--Feb. 11, 1999--Renwick Corporate Finance, which initiated coverage of e.Digital Corp. (OTC: EDIG) on Nov. 23, 1998, has updated its research report and raised its six-month target price from $.20-.25 to $.30-.35. e.Digital Corp. currently has contracts with Lanier, a subsidiary of Harris Corp. (NYSE:HRS) and Intel (Nasdaq:INTC) and a working relationship with Lucent Technologies (NYSE:LU) to provide patented solutions for connecting portable digital devices to the PC and the Internet. Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements relating to future revenues and product development that may impact on future results and the future viability of the company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors such as future products and results, technological shifts, using contract manufacturers, potential technical difficulties that could delay new products, competition, pricing pressures and the uncertainty of market acceptance of new products by distributors, OEMs and end-user customers. --30--ts/sd* sf/sd CONTACT: e.Digital Corp. Robert Putnam, 619/679-1504 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: INTERACTIVE/MULTIMEDIA/INTERNET COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *