E-Games (EGAM) Message Board

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Technology Stocks : E-Games (EGAM)

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To: zepper who wrote (267)	9/16/1999 2:16:00 AM
From: WHL	Read Replies (1) of 335

Buy this stock now. It is a steal. Net income for 1Q ending 9/30/98 was $403,365. (See the 10Q for that Q). In a recent press release (7/22/99) the President of the company, Jerry Klein, stated: "[O]ur continued strong sell-through results from fiscal 1999 combined with the new SVG distribution relationship are expected to result in a doubling of net income for the first quarter of fiscal 2000 compared to the year ago quarter. Hence, he expected $806,730 or more in net income for the 1st Q ending 9/30/99. As of the last 10Q (6/30/99) the weighted average number of common shares outstanding - on a diluted basis- was 10,229,761 shares. Hence, the diluted earnings per share for the upcoming quarter is expected to be $.08 per share or better.

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