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Re: Rawnoc post# 5698

Monday, 05/25/2009 6:21:05 PM

Monday, May 25, 2009 6:21:05 PM

Post# of 5943
EGMI -- 3 bags down, 17 bags to go:

Posted by: Rawnoc Date: Wednesday, December 10, 2008 9:18:21 AM
In reply to: JT_Options who wrote msg# 5692 Post # of 5918

EGMI potential 20+ bagger IMO. They are debt-free, cash rich, making money hand over fist every quarter and growing rapidly. Guidance, which they always seem to beat, is +.10 for 2008, +.14 for 2009 (40% growth) while forecasting long term they expect growth to be "more aggressive than 40%."

With a PE of less than 3 for 2009, EGMI is a mega-bagger in the marking IMO.

(1) 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. In addition, he has been buying large blocks of shares in the open market.

(2) 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:

(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."

(5) EGMI is considering a stock buyback program due to the fact that they are sitting ontop of so much cash.
(info taken from conference call)

(6) Electronic Game Card Started At Buy By Roth Cap



Research & analysis on some of my favorite stocks is located on the sticky note on the SwingTrade board.


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