e.Digital Corporation (fka EDIG)

[niz]

Posted by: Cassandra
In reply to: richardosborne who wrote msg# 37627 Date:6/9/2003 1:04:02 PM
Post #of 52291

..."RO: On the contrary, for the past couple of years I have posted about dismal prospects for this company ever becoming successful and that I think the stock will continue its downtrend back to historic .06 low and even lower. I've been right so far in my prospective projections on what is likely to happen with the company and its many hyped "deals."

..."With a current ridiculous market cap of $30 million EDIG is amazingly overvalued. Even if the company could find a way to become profitable, the bloated number of shares outstanding will prevent the share price from any substantial appreciation. Additionally, I do not believe this management has what it takes to achieve major success and has proven to be untrustworthy in shareholder guidance."

..."FWIW, Of all of the deals EDIG is working on, I believe the Softeq one is the most substantial. The F-T deal has been delayed a year and is reminiscent of Lanier. Product will probably come out, but the financial impact to EDIG may not be great. I don't believe the APS deal will amount to much at all for EDIG as I believe the concept of using a HD-based portable device for a movie rental situation is wrought with potential problems. Using a portable DVD player like InMotion ueses, seems much more cost effective and desirable IMO. I also do not believe EDIG will ever get any kind of "bundling" deal and that royalties from DW will be a major disappointment.

..."I believe that e.Digital will eventually fail as a company and that those who never sell their stock are likely to lose all of their investment. EDIG may be a good stock for momo trading, but is a massive disaster as a long-term hold."

~Cassandra

Posted by: Cassandra
In reply to: DABOSS who wrote msg# 35898 Date:5/19/2003 1:50:06 PM
Post #of 52290

..."IMO, unless the people who are buying now are hoping for a short-term swing trade based on "expected" news, they are likely to be very sorry when the upcoming S-3 to register millions of new shares is files on or before 6/30/03."

..."Because of the desperate kinds of dilutive financing that EDIG uses just to keep the doors open, shareholders are unlikely to ever see any long term appreciation. IMO, EDIG will be trading in the single digit pennies by August. I will also be very surprised to see the company survive to the end of 2003."


EDIG is up over 150% since those posts...