LawyerLong on Agoracom
By: LawyerLong
09 Jan 2001, 10:23 AM EST Msg. 580277 of 967801
Please help with some EDIG Questions.
I am long on EDIG, holding several thousand shares for 18 months. I think this company has a chance to be big, and have considered taking (for me) a large stake. I have been talking with my broker about it and he says two things - I would love some honest feedback from some of you who know the company well.
1. He says there has been no true ''design win'' as of yet; that EDIG is doing some very interesting work to partner with known names, but no exclusive design wins that will lead to definable revenue. I am not sure what this means, but he is a very smart guy and we have made good money together. Is he right?
2. He says that, looking at the company's earnings report, they only have enough cash for 6 more months. Is this true? If not, why?
Don't give me a bunch of BS about bashing and being a short. I invested before knowing much, now am looking at putting some real money on the table. Thanks for your help.
LL
By: LawyerLong
11 Jan 2001, 10:47 AM EST Msg. 584359 of 967801
MIR - A question for you.
I'm sure this will draw a lot of derisive comments, but here goes anyway. I have always bought stock in companies that have proven themselves in the marketplace, not speculative ventures. With one exception, I should add, which is INOD (mentioned when I last posted) and this is, of course, the stock with which I have profited the most.
So I understand the risk/reward of investing - the more speculative the investment the greater the risk, the greater the reward. I am on the verge of selling some stocks that have, for the most part, realized their potential and putting the money in EDIG. If EDIG goes to 10 I make a lot of money, if it goes to 1.5, I lose what is, for me, a lot of money. Probably no different from many of you.
I have read messages, talked with Robert Putnam, etc. I would now like opinions on this question - what do you think is the worst case scenario for EDIG and its stock price over the next several years and how likely do you think this worst case scenario to be? As an investor I always ask myself and others this final question and it has served me well.
Thanks for your help.
LL
By: LawyerLong
12 Jan 2001, 01:41 PM EST Msg. 586410 of 967800
[EDIG PPS 01/12/01 $2.63]
OK - I'm in!
I just increased my holdings by tenfold. This was a big investment for me but after reading all the messages and links and after speaking with robert putnam I am very impressed with the game plan and the probable outcome of this plan. No one can predict the future, but it is hard to see how EDIG will not be successful at least to the extent of making 5x to 10x my original investment.
Like Mary in Red I am a buy and hold investor so I am giving this two years. Thanks to Tinroad, MIR, Dr.Hunt, GPDesign and others for their information. Thanks also to the bashers, whom I also read carefully. I was unable to find a single basher's message which contained real information that would lead me to doubt the motives, veracity, technical wherewithall and true potential of this company.
In March I will have more cash and will make another investment approximately half the size of today's.
LL
By: LawyerLong
08 Feb 2001, 09:17 AM EST Msg. 609015 of 967802
Tin, re your post about bashers.
And to what end do they do this? To push the stock down? It's already as low as it will ever get? Someone pays them? What for?
This is the only thing about EDIG I can't get my arms around. What is the agenda of the bashers? Who profits from this course of action and how?
Oh yes, I am buying more today - my third position.
Thanks.
LL
By: LawyerLong $$$$$
27 Feb 2001, 09:25 PM EST Msg. 625763 of 967803
Took a fourth position in EDIG today.
I didn't think the stock would stay at this price until I was able to buy more. Glad it did, though sorry for those of you who have been holding for some time. If it is still under 2.50 in two weeks I will buy again. Things should be very interesting in the next 2 years.
LL
By: LawyerLong
07 Sep 2001, 07:17 PM EDT Msg. 772524 of 967803
Malt - I began buying
30 months ago and have purchased 5 positions in that time. I am of the same philosophy as you. time is on our side.
LL
By: LawyerLong
25 Sep 2001, 10:36 AM EDT Msg. 788988 of 967803
[EDIG PPS 09/25/01 $1.14]
Just added 5,000 shares. eom
By: LawyerLong
25 Sep 2001, 10:39 AM EDT Msg. 789000 of 967803
Yeah CRQ - I'M REALLY Desperate. I am so desperate
I have bought more and never sold for 3 years. THAT's desperation for sure.
LL
By: LawyerLong
14 May 2002, 09:59 AM EDT Msg. 975150 of 985489
Bought 30,000 shares at $.465 this AM. LL
By: LawyerLong
14 May 2002, 11:05 AM EDT Msg. 975181 of 985496
Bought 18,000 more at $.49.
By: LawyerLong
14 May 2002, 02:28 PM EDT Msg. 975388 of 985489
Added 40,000 more at .49 and .50.
By: LawyerLong
15 May 2002, 02:56 PM EDT Msg. 976115 of 985489
Added 10,000 shares at $.555.
AI
