Technical Trade Alerts on Market Movers: EGT, PMCS, MSFT, GILD, BBY, SAY

DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering Market Movers: Elixir Gaming Technologies Inc. (AMEX: EGT), PMC-Sierra Inc. (Nasdaq: PMCS), Microsoft Inc. (Nasdaq: MSFT), Gilead Sciences Inc. (Nasdaq: GILD), Best Buy Co. (NYSE: BBY) and Satyam Computer Services Ltd. (NYSE: SAY).

In the Trade Alert, the author highlights the creation of a strategic alliance between Elixir Gaming Technologies and Global Draw:

“Elixir Gaming Technologies Inc. (EGT) shares closed Tuesday at 8 cents, up 33.33% from the previous close of 6 cents. Elixir Gaming, formerly VendingData Corp., is a member of Elixir Group and a wholly owned subsidiary of the Melco Group. The company’s products include table devices, such as the automated card verification machine, computer-based card shuffling system, and high-frequency radio frequency identification (RFID)-gaming chips and plaques. … Scientific Games' wholly owned subsidiary, The Global Draw Ltd., and Elixir Gaming have recently formed a strategic alliance to address new opportunities in the high-potential gaming market of Cambodia through placements of Global Draw's popular server-based gaming machines at Elixir Gaming sourced venues.”

The Trade Alert author also featured PMC-Sierra’s lowering of guidance due to slower sales activity:

“PMC-Sierra Inc. (PMCS) shares closed Tuesday at $4.69, up 12.47% from the previous close of $4.17. PMC-Sierra designs, develops, markets and supports communications semiconductors, storage semiconductors and system-on-chips primarily for the communications service provider, storage and enterprise markets. … The company recently said it now expects fourth-quarter revenue of $118 million to $122 million. The company's previous guidance, announced during the October 16, 2008, earnings conference call, was revenue of $125 million to $135 million. … According to Reuters Estimates, analysts were expecting the company to report revenues of $129 million for the same period. The company cited slower sales activity within the quarter due to a weaker macroeconomic environment as the primary reason for negative outlook.”

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Beacon Equity Research

Jeff Bishop, (469)-252-3505

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