SwingTrade Member Forum

[MikeDDKing]

EGMI is setup for a huge multi-bagger move. They are guiding for 2008 diluted EPS of $0.10 and 2009 diluted EPS of $0.14. In the past they have surpassed their guidance so they have a good habit of underpromising and overdelivering. Their PE based upon 2009 expectations is less than 3.

Here are some more reasons I think EGMI is going to be a multi-bagger:

1. EGMI recently signed a five-year licensing agreement for distribution into Native American Indian-owned Casinos and Lotteries. It implies approximately an additional $0.02 in pre-tax earnings for 2009. This may not be factored into the guidance identified above. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32191035

2. Recently, Lord Steinberg has been appointed as Executive Chairman of the Board. He has a very impressive background in the gaming industry. His contacts and industry experience are likely to expand EGMI's growth. http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=29832911

3. EGMI has an investment in a mobile phone company that may provide a sizeable gain as they have plans to IPO in the near future.

4. EGMI is expanding into games and toys. Their first product in this area is a game for the very popular children's series "Thomas and Friends." http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=30699277

5. EGMI has a strong balance sheet with no debt.

More EGMI DD can be found here:
http://investorshub.advfn.com/boards/board.aspx?board_id=6737

Mike