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

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To: Mephistopheles who wrote (1267)	8/31/1999 10:02:00 AM
From: Mephistopheles	Read Replies (1) of 2782

Globe & Mail, today again: CryptoLogic (CRY--TSE) - Tuesday, August 31, 1999 $17.50, up $2.25 The Toronto-based deviser and licensor of Internet gambling Web sites was all the buzz yesterday on investor chat groups. Seems U.S. investors -- at least the day traders -- are thrilled that the company is seeking a Nasdaq listing to increase its exposure south of Canada. Recent events in the on-line gambling industry, such as the raid on Starnet Communications International Inc. in Vancouver, have cast the industry in a bad light. But analysts say CryptoLogic has done a good job of separating itself as a serious player with a solid business plan. globeinvestor.com

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