It was based on the speculation that a yet, unproven company, would rise from the ashes and make a big hit on wallstreet by exploiting a market niche...in other words, everyone was SPECULATING that EDIG was a diamond in the rough.

Here is a solicitation I received a few days ago from a well known fund manager who also manages a microcap fund.

This is not a solicitation from me, so I removed evidence on the details, but I want to share how others perceive microcaps beyond our little world here.

This is ONLY an illustration to demonstrate that, although times have changed, the basic approach to investing in microcaps goes well beyond the world of EDIG.

*******************************************************

Dear XXXXXXX Member,

If you have $2,500 to invest in big opportunities - stocks where you

can turn that small sum into $25,000 or more - then I urge you to

take a look at our latest recommendation at

XXXXX MicroCap Investor.

I`ve written several times about the ``mother of all Internet growth

stocks.`` That company has already begun its BIG move, up 120%+ so

far - on its way to a likely ten-bagger.

BUT perhaps that company`s story doesn`t quite do it for you -

although if you like big profits, I can`t imagine why.

So here`s another: Our newest potential ten-bagger at MicroCap

Investor. A 20-cent stock quickly headed for the big time.

20 CENTS! That means you can lock up a few thousand shares with

your play money. So if you can stand a little volatility in

exchange for a great cocktail party story - plus huge gains over the

next several years - come and join me in the fun at MicroCap

Investor:

2 WAVES FOR THE PRICE OF ONE

Operating at the nexus of the wireless and broadband telecom

XXXXX, this company has:

...visionary management;

...a capital structure focused on high cash flow - essential for

young companies that hope to grow old someday; and

...great potential to be a ten-bagger for you.

After the crash, it became fashionable to scream that telecom was

DEAD. What a stupid over-simplification that was. Things have

simply CHANGED. And YOU can make just as much money as investors

made in the early days of AT&T...

...IF - and only if - you invest on the cusp of that change.

In this new era for telecom, ``convergence`` is the magic word.

Cable, wireless, old-telecom and ISP businesses are converging at a

lightning pace. Notably, three major trends have emerged on which

this company has launched its business strategy:

1) The movement toward broadband;

2) The movement toward wireless; and

3) The movement toward Internet Protocol-enabled networks --

breaking down any distinction between voice, video and data.

SUPER-COMPETITIVE

In the highly-competitive chase for the big bucks of the 21st

century, bundled services have become the name of the game.

As a small, undercapitalized player battling against more powerful

telecom competitors, XXXX is betting everything on its wireless

technology and network. And yes, I said ``undercapitalized.``

We`re talking microcaps, my friend. If you can`t take the heat,

don`t come into my kitchen. Risk is part of the territory. Some

companies flame out. But other 20-centers grown into $10 stocks or

more.

We do it for the fun AND we do it for the profits. Join us here:

Of course, this ain`t Las Vegas. And we NEVER accept more risk than

we have to. That`s why I really like this company`s three-pronged

strategy:

1. Because wireless is both modular and less expensive, this

approach has obvious advantages over attempting to string copper,

fiber optics or cable.

2. The company is now accumulating network assets that already

generate a strong cash flow - which should help it avoid the deadly

``cash burn`` that killed so many dot-coms in the crash.

3. Plus, this firm is working to become a leading provider of

service -- billing, provisioning and customer support -- for

products customers buy over others` networks. More ways of making

money means a much better shot at surviving AND thriving long term.

RUNNING ON ALL CYLINDERS

Let me be brutally honest: If you told me to buy this stock last

year, I would have laughed in your face.

At the beginning of 2004, the firm was in a deep hole with zero

revenue, negative book value and a history of operational

disappointments. Talk about a terrible outlook.

But over the past 12 months, the firm has acquired 14 companies and

reached a revenue run rate of $100 million with positive cash flow -

yet it is currently valued at just $70 million!

HERE`S WHERE THE CASH COMES FROM (the short list)

*** XXXX Communications: Its biggest acquisition to date provides

cash flow and more than 40,000 access points for a nationwide

wireless network. With operations in 45 states, customers include

the shopping center, hospitality and health care industries.

*** XXXX: Launched in 1999, XXXX is a

full-service telecom company that provides long-distance, local,

digital wireless and Internet service to residential and small

business customers, primarily in Maryland, Delaware, New Jersey,

Wisconsin, Indiana and Ohio.

*** XXXX: This community-minded communications company

markets local, long-distance, Internet and web hosting services, by

partnering with various non-profit organizations including the

American Red Cross and Special Olympics.

*** Plus several ISPs, which give this company a local presence in

key markets, a nice cash flow, more management talent and a large

customer base.

3 KEY DIVISIONS

Get more details online right now, by accepting your no-risk trial

subscription to XXXX

With cash flowing in from smart acquisitions, management is really

turning up the heat in these key areas:

1. Wireless Technology

*** Breakthrough solutions for the enterprise market

*** WiFi, Bluetooth & WiMax expertise

*** 5 patents for wideband-CDMA ``smart antenna``

*** Head-start on advanced 3G chip technology.

2. Internet

*** New products for wireless data applications

*** Wireless network monitoring and testing. I

*** Internet security.

3. Voice

*** Wireless telecom services

*** Local and long-distance services

*** Voice Over Internet Protocol

Essentially, management is committed to establishing a broad reach

throughout telecom - and using its established customer base to

assume a leadership role in the cutting-edge services of the

industry.

Ten-bagger potential? We believe so. Check out all the details and

decide for yourself.

HERE`S THE VISION

At the end of 2004, this firm`s CEO outlined some very heady goals

two years down the road:

*** $500 million in revenue.

*** More than one million customers.

*** $80 million-plus in EBITDA.

***A large nationwide wireless network.

***A nationally known brand.

And that`s just the appetizer for the feast of profits to come.

The company`s long-term goals are even more ambitious. And to help

fund its aggressive game-plan, management has entered into a Standby

Equity Distribution Agreement with investment banking firm XXXX Partners.

That means the company can now raise additional capital whenever

it`s required. And if management even comes close to realizing its

goals over the next couple of years, we`re going to have a fantastic

ride.

All smooth? All risk-free? You know better than that. But this

20-cent stock stands a great shot at hitting $2.00 by 2007. And you

could earn truly life-changing profits from just a small investment

now.

Microcaps are a thrill. The stories are fun. And when things pan

out, people get very, very rich.

If you have a few thousand dollars in risk capital handy, I invite

you to join me.

YOUR GUARANTEE

I can`t guarantee your profits on this pick. It`s a fledgling

company that still faces a number of obstacles. That`s the name of

the game when you own home-run capable microcaps.

But I can guarantee you`ll enjoy your overall ride, or I`ll give you

all your money back.

Take a full 90 days to evaluate the service. If you decide -- for

whatever reason -- that it`s not for you, just cancel anytime in

that period, even the very last day, and I`ll refund every penny of

your subscription cost.

Accept your trial subscription to XXXX MicroCap Investor --

and get full details on this extreme microcap online immediately --

by going here now: xxxx

Sincerely,

XXXX

P.S. This stock is NOT for beginners. And MicroCap Investor is NOT

for worry-warts or crybabies.

We take the same proprietary XXXX Alliance research we profit

by at XXXX Investor and apply it to the world of microcaps. A

world of more risk, of course. But a world where you can also catch

lightning in a bottle.

A world where $5,000 can ultimately turn into

$50,000...$75,000...even $100,000 or more. Just a little bit of

cash lets you dream in a really big way.