Electronic Game Card, Inc (fka EGMIQ)

[wmthecommoner]

Caesar ---you should have clicked the link in Casino's post as it tells you his thought on PPS ---so I will help you out by just posting the comments he made in the link which concludes in 6 months high single digits which I interpret to be 8-9 dollars.


HIS COMMENTS
China and now Poken are the two 8000 pound gorillas in the future that will have this thing trading at 30x+ EPS. Do these deals add 5-10-20-30c EPS in 2010? No one knows. China Lotsynergy is the only guy on the block that has access to the China Welfare Lottery. China LotSynergy says this deal will have a material impact on the welfare lottery. What is a material impact on 7.5 billion cards??? EGMI’s gross margin will be 15 cents a card. What if EGMI gets 1-2-5-10% penetration. What does that do the bottom line? It is huge. My guess is this continues to slide its way northward over the next 6 months and when the street gets any real conviction that china or poken get any penetration it’s off to the races most likely to high single digits.

IC