What are you talking about "if the market tanks", the market (S&P 500) has tanked 40% since the beginning of 2008. EGMI is up 105%. I'm not pumping, that is a fact. However I will agree that there may be a pull back if the market goes further south. However the dynamics of EGMI is building up, they have been steadily increasing revenues in this crappy market. I do not see where you get .13 tax adjusted. I think Roth is being conservative with their .20 for FY10. At worst maybe we get their old estimate of .18. In the past EGMI has been a fairly steady gainer of revenue. I do not see that faltering given their track record so far and these two new partnerships (yes one is not currently closed). We need a blow out quarter for us to catch more momentum. Unfortunately I don't see any reason for a blow out quarter until the 4th quarter when the Moscoe connections align with the release of the Thomas GameCards. The company anticipates Thomas going out the door fourth quarter in time for Xmas sales. If Moscoe uses their relationships for Thomas distribution, I see lightning in a bottle. If they have to do it the hard way, than Thomas is certainly a name brand that will catch eyes. You know they have caught attention with their cards in the lottery sales. Their cards are tested in those markets. I see no reason someone won't shell out $5-$10 for a Thomas card. Kids are addicted to this Thomas $hit. I know, I have a 3 1/2 yr old son. He is all over that Leapster stuff. A Thomas GameCard is quite appealing, especially as a low cost gift alternative. Can we say recession proof? With these guys all it takes is one big order, I was hoping Scientific Games would be the driver. They stabbed us in the back and twisted the knife, but EGMI did not go down. Their product has legs, that is why Steinberg is on board and hopefully the China lottery has some legs. That could have major impact once it is a done deal. I'm holding EGMI tight for now, even after I get my ten bagger. Only way I'll start unloading some is if this thing gets to more than 75% of my portfolio. Even than if dynamics do not change, I may only shed 10-15%. It is currently at 53%. Yes I love the stock, no I am not married to it.
