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Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino

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To: Gator who wrote (1201)8/29/1999 8:02:00 AM
From: Mephistopheles  Read Replies (1) of 2782
 
One of the things I'm saying is that Cryptologic has no gambling operation in Canada, so, not like Starnet, it does not need to move anything.

Do you know about the companies that make Slot Machines? They don't move out of the country for this... and they have no gambling operation. Do you know that many, when selling their Slot Machines to Casinos have a % of the profits as part of the contract?

There's something else more interesting behind SNMM for the RCMP that what we are hearing and talking about... The RCMP loves to hit the bad boys where it hurts... ie: taking their toys away... CRY has no interest for the RCMP or other intelligence services... ... !

Also, trading at an EPS Ratio of 8 does not make me worry too much about where the stock will be with NASDAQ... I'll take 20 or 30 times EPS... still making good money!

With the Rivkin brothers having 50% of the company shows a lot! They are behind solid long term plans and stock value... else, they have no way getting to their cash! They can not get to their Cash fast, I trust them to be trying very hard to take the right decisions for the share value... what do you think of these?

Are we all Canadians on this board? Maybe we should get all together and see what we can find out?
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