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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Harold who wrote (4432)1/28/2004 7:08:06 PM
From: Ken W  Read Replies (3) of 23958
 
Harold

EGAM looks interesting with a very low PE and remains profitable. However, and here is the "oh damn" part.

While profitable they acutally had less profit attributable to common shares than last year. They are not doing as much R and D as last year either. The thing about game companies is they have to be coming out with something new all of the time or die.

The recent announcement deal with TV Guide is a plus for sure and may be what has moved the stock to near 52 week highs.

I am a bit surprized that they are doing as well as they did today considering ATAR's annoncement causing its' crash and burn. ATAR is EGAM's largest distributor...what's bad for ATAR, I would think, would be bad for EGAM.

Ken
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