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Technology Stocks : E-Games (EGAM) -- Ignore unavailable to you. Want to Upgrade?

To: Lola who wrote (44)	3/1/1999 9:13:00 PM
From: Matt Brown	Read Replies (2) \| Respond to of 335

Sounds like a lot of profit taking. EGAM/ROMT has had a huge move up recently. It had just risen too high for some people to resist that had been in since the 1 range. So, it was typical for them to sell. Daytraders and short-termers all dumped at the same time, which obviously caused the downfall today, although, not that bad of a fall IMO. There seems to have been a lot of confusion over the ticker change, which probably resulted in the low volume. Also, for those that heard about EGAM for the first time today, it was hard to find info and get charts because most systems were not updated. Heck, Suretrade told that one guy eGames had gone belly up! LOL My broker almost sold some of my other stocks to buy more of EGAM, but he didn't because he couldn't get a hold of me. He really likes EGAM and I wouldn't be surprised to see him add it to some of his clients portfolios. I have not seen anyone comment on the new egames.com website. It is phenomenal. It has many new added games which will enhance the whole lineup. I like the logo the best. Very attractive. The site is very easy to navigate and loads quickly. There is absolutely no reason why EGAM should even test the low 4 area any longer once the the short-termers get out, if the haven't already. I think many people realize the long-term value of this stock. Some people just look at the book value. I prefer to take Warren Buffett's stand on EGAM. It has intrinsic value. We could not ask for a better name and management. The name is worth $2 in book value alone. It will become widely known soon enough. It is easy to remember and many new surfers will type it in, because its so easy. I am still long on this stock and plan to hold it for a while. I see absolutely no downside here, and if the short-termers would have taken time to read the PR, they wouldn't have sold. I have told my broker to sell all my CNET holdings if EGAM drops to 3 1/2. I can buy quite few shares with that money. If anyone can come up with one good reason why EGAM should drop after the short-termers are out, let me know, because I haven't got a clue. TO sum up today: Typical sell on news, that we should have all expected. I look forward to seeing more news about alliances and marketing partnerships to promote the excellent website, which will probably get rated by a company and published in a TOP 10 magazine of best games sites. Good luck to all, Matt