EGMI Update -- 5/14 C.C. -- forecasts Q2 record sales and earnings, they are expecting to announce the closing of "at least two" significant deals "with household names" by June 30, 2009. Insiders plan to continue to make open market purchases "when appropriate." (the chairman has bought millions of shares aggressively). A 3 million share buyback was officially voted on and approved.
Q1 Earnings were +.03 EPS for the Q, trailing +.10 EPS, guidance for +.14 for 2009 subject to acceleration with the announcement of the new deals being announced.
Despite EGMI being up huge from its low, even at THIS level, EGMI going forward remains my #1 favorite stock by leaps and bounds going forward. It's STILL trading so cheap it's pathetic IMO. .25/share in cash/investments, zero debt, pristine balance sheet, tiny PE both historic and going forward while guidance is going to be raised up probably big as suggested in the CC.
Market Data 
Markets 
AI
