Replies to post #4364 on Electronic Game Card, Inc (fka EGMIQ)

[Rawnoc]

$1.60 is cheap because the stock is going to run multiples higher.

That's why it's cheap. A PE of 8 for a hyper growth company with the realistic fact that earnings are going to be raised is a joke.

The tax savings shouldn't be discounted -- this is very real cash to the bottom line that's available for buybacks and dividends since they have zero debt. Savvy investors don't ignore millions of dollars in tax savings hitting the bottom line of a company clearly not shy about returning bottom line dollars to investors.

[iancassel]

zagg reported 10c untaxed in 08' and will report most likely 20-25c fully taxed this year. I expect the same thing here 09 to 10'. The potential here is gynormous from current levels. These ideas only come around once in a blue moon, especially to find back to back blue moons with zagg and now egmi. Keep thinking its not cheap. It's part of every cycle..dumb money out smart money in.