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


To: Kerry Sakolsky who wrote (2379)2/14/1999 6:11:00 PM
From: Savant  Read Replies (1) | Respond to of 18366
 
The focus on 0.35 is interesting. In fact, they gave a range. The first step of the range had already been surpassed. Year high..0.3125. Eventually, we should hope to go far beyond the second step. Eventually.
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.
Best, Savant



To: Kerry Sakolsky who wrote (2379)2/14/1999 8:17:00 PM
From: bob  Read Replies (2) | Respond to of 18366
 
The following post from Ranging Bull might give an indication as to
why they upgraded the stock:

By: traderden
Reply To #258 by ideserveit Saturday, 13 Feb 1999 at 10:20 PM EST
Post # of 302


It's all good !
Spoke to the VP of EDIG last week and
was told the Lanier deal olone will make them
profitable. It is worth 10-12MM annual. I also
herd rumor that insiders agreed not to sell shares
for 1year. I was told robert putnum vp/sec that they are working with a co called L-tech or
Eltech i did not ask for the spelling , but is another piece to a interesting puzzle.Norris Communications (EDIG) Receives Patent for MicroOS Flash Memory File System. MocroOS Supports IBM's new Microdrive Technology.
Yah Baby!


Last I heard the Lanier contract would give 8Mil a year to eDig for
the next two years. Maybe Lanier is thinking of an upward revision
of orders.