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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 (5166)	6/2/1999 2:57:00 PM
From: Walter Morton	Respond to of 18366

Could this news have had anything to do with scaring investors away? Diamond cuts Rio prices Diamond Multimedia said it has cut the list price of its Rio PMP300 digital audio player by $30, to $169.95. The company also said it is offering a $50 rebate on the player through the month of June, lowering the price to $119.95. Diamond also has begun shipping the Rio PMP300 Special Edition, a $249.95 player that features a transparent teal case design and 64 MB of onboard flash memory. PlayMedia settles Nullsoft copyright suit Music software developer PlayMedia Systems has settled its $20 million lawsuit against Nullsoft, just one day after America Online bought the Net music technology firm. PlayMedia had accused Nullsoft of copyright infringement over its AMP code. PlayMedia also had added music news, download, and community site MP3.com to the lawsuit; that action also was settled, PlayMedia said. news.com This may be good news: "Redwood City, California-based EMusic.com offers downloads in the MP3 format (MPEG 1, Audio Layer 3), though executives have said they will adopt whatever download format consumers want."