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Message: November '99

November '99

posted on Jun 03, 2009 08:26AM

and EDIG is trading around a buck, having retraced from its highs of $3.74 about 8 months earlier.

Fred Falk is the President/CEO.

No news....anticipation....CES 2000 in early January 2000 and news begins to break...can't remember the specific PRs that broke signaling EDIG as a buy....I'm sure someone has them...and the market begins to want EDIG again, recognizing the patent based market opportunity for handheld portables...still a virgin market for the most part.

One year rise was 35,000% from January 1999.

An over 2,000% rise in just the month of January '00 from around $1 to $24.50.

EDIG held over $5 for about the next year and then the steady decline followed as the world moved on without EDIG's patents. Coma time as the jackals did what they do.

Huge billion dollar flash markets followed. Companies like Apple evolved and everyone had an ipod, PALM, digital camera, i-phone or other cell phone, blackberry etc.

TODAY we are at .15 with patent validation and monetization efforts well under way in an effort to reclaim what appeared for a long time as a lost opportunity...but not the case today.

Lots of news on the horizon....any day the 10K will be released and DM has SAMSUNG deep into the process...and of course, the next round of infringers is waiting to drop on this market.

And the generation "2" eVU is back in focus with lots of unknowns.

A 10 fold move in this recovering market, based on real events/news/revenue growth/prospects does not seem unreasonable to me given the history, the markets, the PATENTS, current company revenue growth based on the reality that EDIG is playing hardball, backed up by Pat Nunally, who has done this successfully before and DM, who analyzed his efforts and jumped in on a contingency basis.

A 10 year cycle...and EDIG is about to revisit some familiar territory...imo.



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