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


To: J.N.N. who wrote (3764)5/6/1999 12:36:00 PM
From: Tinroad  Read Replies (3) | Respond to of 18366
 
J.N.N. I found a poster over at RB that disagrees with you, and seems reasonably credible. I don't have the training to project valuations, but it seems these days that a lot of tech stocks are valued upon perceived earnings, rather than hard 10Q-type numbers. So, IMHO, EDIG could be worth anywhere from 20-200 in 12-18 mos, depending on market acceptance of new products that EDIG is involved in. The RB poster seems well-informed, but I'm not taking any stuff like this without a good bit of salt. Read on...
ragingbull.com

Best of luck,
Tinroad



To: J.N.N. who wrote (3764)5/6/1999 12:47:00 PM
From: Techplayer  Respond to of 18366
 
JNN,

To have a PE of 100 with 100 million shares, the company needs to net 3 million for the year to earn .03 and price the stock at 3. If they net $100 million with a PE of 100, the stock goes to 100.

Brian



To: J.N.N. who wrote (3764)5/6/1999 12:56:00 PM
From: Pattie  Read Replies (2) | Respond to of 18366
 
I don't know why anyone thought there was news coming - Wendy has told anyone who asked that there is no new news and no news pending. She credits the stock run-up as a delayed reaction to the 4/21 news release. They received a lot of peripheral press as a result. Everything has turned out fine, and the stock will probably behave appropriately once the daytraders are finished.