EGMI looks cheap in the .50's if they hit their earnings guidance of .09/share for 2008. Hopefully their business holds up in a recession. Like this last paragraph in today's PR, where they characterize the order as "substantial".
"Electronic GameCard(TM) and the Poker Winning Seat(TM) concept takes the better of two strong proprietary technologies to produce an innovative, globally leading product, which optimises the Electronic Game Card technology into a new, profitable market and an extensive client list," stated a spokesperson for Electronic Game Card, Inc. "The substantial order and exclusive global distribution agreement that we have signed with Poker Winning Seats, Ltd is a another positive development for the Electronic Game Card, Inc."
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