E-Games (EGAM) Message Board

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Technology Stocks : E-Games (EGAM)

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To: Mike Maxton who started this subject	8/4/2000 2:35:22 PM
From: rjm2	of 335

Much growth ahead. I believe the 4th quarter was just the start of continued growth for EGAM. A whole lot of things are being worked on any one of which could have a positive impact on a $1.12 thinly traded share price. I am hopeful & optimistic that they will favorably settle the pending lawsuit shortly. And I think that they have the possibility of earning 25+ cents per share this year on a big increase in sales. As the possibility of those kind of earnings becomes clear, I believe the shares could trade at or above a 15 multiple. That suggests a $3.75 share price. Since the market tends to overreact in both directions, I dont think $5+ is out of the question in the next few years. Look ahead 2 years..if they earn 35 cents and get a 20 p/e, $7 could become reality. Based on the above, I believe the shares at current prices ($1.12)are a good risk/reward because the upside is much greater than the downside.

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