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


To: Joe Copia who wrote (5124)6/2/1999 10:47:00 AM
From: smackdown  Respond to of 18366
 
now that's more like the joe copia i knew before



To: Joe Copia who wrote (5124)6/2/1999 10:49:00 AM
From: John Curtis  Read Replies (2) | Respond to of 18366
 
Looks like you were almost right. It didn't make it back to $2.50 though. But I think we're right around bottom....at least....so far. Why? Because they quick as a bunny dropped the bid back to $2.25(probably because folks used the upward bounce as an opportunity to bail), but so far it's staying nailed right to that floor while they blow the spread out to about a $0.10 with the ask at $2.34.

Since the bid/ask was walked down to current bid level with a spread of ~$0.01, to see it blown out the way it is right now tells me the MM's are cooling things down, and that we've reached their current bottom target, probably helped by people placing a lot of silly stop losses.....

Sooo, now the $64 question is.....where to from here McDuff??

John~