e.Digital Corporation (fka EDIG)

[Cassandra]

You have to watch out for the self-appointed guru of inside information on agoracom. Based upon what he says 5 friends in the investment world have told him, he has been trying to convince shareholders for several days that an institutional investor, or possibly Wencor, has been accumluating a large position and suggesting that others follow suit as $0.33 seems to be a firm floor. He also forgets to mention that over 17 million newly minted shares are available for the financiers to legally short.

One example:

http://www.agoracom.com/nonmemforum/msgreview.asp?id=376292&refid=376282&orig=376169

Subject: RE: Lawyerlong
From LawyerLong
PostID 376292 On Wednesday, January 12, 2005 (EST) at 12:34:27 PM
Response To: sunpoop PostID 376282

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I agree with lickily. I also think that your post supports the accumulation theory more than it undermines it.

Something is going to happen - buy all you can before then.

We have certain information - by law we are prohibited from buying during certain windows - can't remember all that from my days as an insider.

Or FLCR or someone else has done research and become privy to something that is not generally known. Who knows?

SP, more importantly, what else could it be? It doesn't make any sense that it is selling. It clearly could not be short covering or counterfeit shares of this volume. What else is it?

I am not the expert, but the experts I know all say accumulation. Rock solid floor by FLCR who has a buyer for all they can get at .33.

LL

Then this regarding public fund managers:
http://www.agoracom.com/nonmemforum/msgreview.asp?id=376475&refid=376454&orig=376358

Subject: RE: Have to wonder... moxa
From LawyerLong
PostID 376475 On Thursday, January 13, 2005 (EST) at 8:37:48 AM
Response To: moxa1 PostID 376454

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my opinion

Almost 3 weeks of a 1 cent or less trading range on such a volatile stock with no liquidity some see a .002 cent break in 'support' as a bad omen .

Personally, I continue to be pleasantly surprised, nay, shocked, by this continued support for 13 days now. I would have thought they would have let it fall a couple of cents to create a lower entry point. The buying entity must really be taking all they can while they can as long as they don't run up the price anymore. Seems to me like some deep pockets took a sizeable initial position and are
collecting rather than topping off.

According to some friends, this is the type of share price action that will lend credibility to other, more conservative, fund managers who manage public money. Private money (smart money) always flows in first. What about when public fund managers jump in and someone like Merril Lynch sits on the bid for 13 days?

LL.

Lawyerlong's "friends" have a 100% track record on everything they have assured him was true. Unfortunately, the record is 100% wrong.

His explanation when support broke:

Subject: RE: Now what is the plan /LL /ro
From LawyerLong
PostID 376522 On Thursday, January 13, 2005 (EST) at 10:43:20 AM
Response To: richardo PostID 376508

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You got me. What do you think?

Is it the end of the world as we know it? Is it a massive selling/dumping scheme just before edig goes into two quarters of greater growth? Did all the Wencor contracts fall apart? Did the FAA deny certification for embedded digeplayers? Were the handheld units really not edig-enabled? Is edig really not in the ittiam player? Are the advanced negotiations retreating? Are the kiosks falling down?

You tell me.

LL

http://www.agoracom.com/nonmemforum/msgreview.asp?id=376522&refid=376508&orig=376508

I hope that the longs who consider him credible are begining to see through his consistently (100%) false hype.