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Re: friendlyfred post# 35663

Thursday, 05/15/2003 7:30:45 PM

Thursday, May 15, 2003 7:30:45 PM

Post# of 93821
freddy,
When the market turns against us and the bear takes over, all we can do is wait it out or leave. If waiting it out is what you call muted dispair, then so be it. However, continually adding to ones position during this time period allows one to be better positioned when things turn back around and is an investment strategy.

Although no long term investor likes a bear market, an investment like this is not looking for an annual 10-12% return, but rather moves not unlike the jump from $0.07 to $3.70 and subsequently to $24.50. You can't expect this type of move annually, obviously, but emerging companies are subject to this type of radical movement if they are in markets that can make you.

Although I am not expecting $24.50, I didn't expect it when I first invested either. Strange things can happen and EDIG certainly is talking to some "partners" which could redefine this company overnight.

I never loose sight that this is an otcbb, but I also never loose sight of the fact that many giant companies started from some very humble beginnings. Four years running since EDIG became EDIG to me, and it still remains, positioned for business developments, several products under its belt and still struggling, but certainly HERE and not gone like so many before it. It has survived the bear market and we look to be about to have the best year on the books yet, with a broader product and partner base than ever before.

You ask, "Does anybody really believe that they can destroy this company with negative posts or prop it up with kharma by posting positive affirmations?"

Well, many are certainly trying, 24/7. I remember my first EDIG shareholder meeting when someone asked Fred Falk when investors could expect to see the PPS rise and Fred responded, well that's ultimately up to you people (paraphrased). In other words, when investor confidence is again restored, either based on numbers or deals announced with new partners, or whatever, buyers will reenter and the PPS will respond accordingly.

I plan to be there when and if this happens. Maybe it will never happen and maybe it will begin this summer.







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