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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Patentlawmeister who wrote (3840)	8/26/2003 2:49:13 PM
From: Crossy	Read Replies (2) of 37387

re: EGAM.OB Cuda, while I do like another of your picks - CREB.OB very much - I will include that one in the thread portfolio because of stellar results, increasing earnings power and competitive position, EGAM.OB is more a case study to me. I may have personal inclination against gaming software (wagering related) stocks but in general I do not want to see declining revenues in a software company, even more if it was declining revenues from products/applications (vs. other service revenues) and even if the company increased profitability levels as EGAM did. IMHO utmost importance in industries with network effects (which software undisputedly is one) is increasing revenues. Longterm profitability is usually a function of marketshare in the respective niche. Due to this relationship, I'm not so comfortable with EGAM's results... Anyway, congratulations about your stock performance.. let's see how stellar for your portfolio EGAM will be ultimately.. rgrds CROSSY

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