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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (6)	3/17/1999 3:54:00 AM
From: Lawrence Burg	Read Replies (1) of 397

eGames, Inc. develops, publishes, markets and resells a diversified line of personal computer software for consumer, educational and business applications. For the three months ended 9/30/98, net sales increased 63% to $2.5 million. Net income applicable to Common rose from $61 thousand to $403 thousand. Revenues reflect increased sales of the Company's Galaxy Series products. Earnings also reflect cost reductions due to higher volumes and improved manufacturing processes. Formerly ROMT...9.5/5.7...positive cash flow...good FA and strong writeups. Decent crowd on SI. Insiders buying, apparently, not available on Yahoo. The play: wait for an optimisitc turn on TA or a green volume over 500K. Lotsa room on any next run. Great one to hold some freebies.

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