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

To: bob who wrote (4866)	5/27/1999 10:59:00 AM
From: daaan	Read Replies (1) \| Respond to of 18366

That fellow that reviews electronics on CNBC is review MP3 today. Wonder if LU - EDIG will be mentioned?

To: bob who wrote (4866)	5/27/1999 11:01:00 AM
From: John Curtis	Respond to of 18366

Bob: You've got a point there. One indicator I hang my hat on is OBV. What's that? On Balance Volume. This indicator basically tells you whether money is flowing into, or out of, a stock. What I've noticed is that during this mornings decline, OBV has gone UP! Let's seeeee now....hmmmm.....price declines but OBV goes UP during the same period? My experience says this usually means smart money is rolling into an issue and is taking advantage of the relative decline. At this point I'd say it's another positive indicator of basing activity going on, with sumbody loading up whenever EDIG gets down around $2.75(the OBV pattern happened yesterday, too). Sooooo, maybe sumbody with deep pockets anticipates a nice X-mas, too? Heh! Of course, all this is merely my opinion. I could be wrong. John~