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: Joe Copia who wrote (5061)	6/1/1999 3:54:00 PM
From: John Curtis	Read Replies (1) \| Respond to of 18366

Joe: I'd wait out the first hour of action tomorrow before deciding on that buy. Recent activity indicates EDIG starts off to the upside then rapidly swings 'round and spends the rest of the day moving steadily lower. The bid get's dropped to a plateau, where the ask is then wagged around clearing things out, then the bid get's dropped again. You can usually tell it's coming because after the bid first get's dropped to a new plateau, the ask rubs up close against it(to the tune of 3/4rds of a PENNY), then the ask gets move outwards of $0.06 from the bid and then wobbles up and down for a time. When you see the spread then tighten severely again, you can be sure the bid's about to drop. At least, this is what's been happening since approximately last Tuesday. Controlled descent indeedy........so pick yer entry point carefully... John~