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

To: Walter Morton who wrote (5030)	5/31/1999 4:51:00 PM
From: cAPSLOCK	Read Replies (3) \| Respond to of 18366

I don't expect any news until the end of June, but would appreciate any positive news EDIG can get. However, any news that comes out may already be anticipated and included in the current price. The last two news releases didn't help much. In fact, even with the news on the 25th the stock closed down $.34. With the news on the 26th the stock closed up $.10. Hey... Here's my simple investment philosophy regarding this sort of thinking. If you are long a stock because you belive in it and you expect to hold even for the short-mid term than following price reactions to individual news releases is spinning your wheels. Thre is really only one situation in which I find this activity useful. That is when I expect to be in the stock for a very short amount of time. I occasioanlly do this with bbstocks that fit a certain criteria. It has been a successful strategy for me overall. Walter... if you are indeed, as I am, a simple cautious invester in EDIG for at least the mid term, then I would suggest that you think too much. :) Perhaps you are different than me, but the sort of thinking I see you doing, in my case, has almost always led me into confusion, and bad decisions. I am glad you are aware of the 'dark side' of this stock, as you should be. But if i were yoy... I'd ask myself: How long do i plan to hang on to EDIG? What sort of thing would precipitate my selling? After answering these questions, and then keeping a watchful eye on developments, I have usually been able to achieve a better state of balance and calmness in my thinking and investment decisions. Just my $2.50 (inflation is back you know) cAPSLOCK