Replies to post #6 on eGain Communications Corporation (EGAN)

[MikeDDKing]

I usually don't predict prices. I wouldn't be shocked with $1.50 today. I think their are good chances that it goes much higher than that in the long term.

[MikeDDKing]

The EGAN PR this morning indicates fiscal Q1'11 (September quarter) earnings will be roughly $0.19/share. Those are monster earnings for a company that last traded at $1.22/share. Also, there was a comment in the 10-K that indicated that there are a number of large transactions that are expected to hit in fiscal 2011. The 10-K stated: “The decrease in fiscal year 2010 was primarily due to the length or unpredictable nature of our sales cycles resulting in the delay in the completion of a number of significant customer transactions until fiscal 2011.” Furthermore, I believe that the devaluation of the US dollar will help earnings going forward. I haven't had a chance to investigate exchange rate implications yet.