Replies to post #40533 on e.Digital Corporation (fka EDIG)

[Cassandra]

This is the paragraph of the article that relates to EDIG:

Some analysts, however, worry that investors already have pushed stocks of many small companies to levels that are excessive relative to the firms' earnings prospects. That's an issue dogging the broader market as well.

e.Digital's "earnings prospects" are poor at this time. If the company ever has "earnings," assessing the valuation based upon its EPS (earnings per share) multiple would show how wildly overvalued EDIG is, given that it already has 155 million shares outstanding with more conversion shares on the way.