Edify (EDFY) IPO -- Any Comments? | Stock Discussion Forums

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To: Shoot1st who wrote (309)	5/26/1999 12:31:00 PM
From: tuck	of 355

shoot1st, You wrote "Looks like most of ISLD/ARCA is off the stock." I'm unfamiliar with that acronym. Could you enlighten me? I hope you're right about the comeback, though I don't understand what you base that call on. Neither EDFY or SONE is making money, so valuation is tough once the hype goes out of 'em. I read a post on the Yahoo! thread suggesting there was support for SONE at 27. That's not going to be good enough for me. I need Edify to hold above 11 for a while, meaning SONE needs to get back near $40 quick. Else half my psotion has to go at a slight loss in two days. I imagine other folks are facing margin calls, too, i.e. long squeeze. Good Luck, Tuck

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To: tuck who wrote (310)	5/26/1999 12:42:00 PM
From: Shoot1st	of 355

I've been watching Level 2 on EDFY for several days. When a daytrader steps in front of the inside offer in order to get out quicker....the price drops at least a 1/4 often more. Most of these traders, and I am one of them, use either the Island or ARCA route for their electronic trading. I will not step in front of the inside offer to get out. It helps the Market Makers justify a drop. I need it to hit 11 or more quickly also. IF the attitude is right it will go regardless of earnings. We all buy on expectation. Last week it was near 16 that gives a lot of room for profit at this level. The news is strong and the connections are valid. If/When the market swings back it will not be left behind. Shoot

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To: Shoot1st who wrote (313)	5/26/1999 1:29:00 PM
From: dia oko	of 355

Today at 2840 San Tomas in Santa Clara. All share holders are invited. Please attend and raise your concern and openion about the recent SONE aquisition of EDFY. Frankly, in my 15 years of experience,I have never heard of an aquisition whereby a smaller company aquires their largest competitor with a ratio of .33 of their stock after have have already split 2 for 1. SONE revenue, book value, price book, and cash are all a lot less than Edify. Please attend and raise your frustration. While SONE has not done anything to explain their strategy to market, Edify on the other hand has made a number of annoucement, new contracts, demo's and the recent sell of of their HR S/W. Your attendence counts in the final deal, we need a much better fair value for Edify. IT'S YOUR CHANCE TO HAVE A VOICE.

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