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To: esecurities(tm) who wrote (158)	5/7/1997 12:41:00 PM
From: Warner Buffett	of 913

Cryptologic post BLOWOUT earnings in Q1: CryptoLogic Inc. Announces Financial Results TORONTO, ONTARIO--Cryptologic announced today that its financial statements for the 10 months ended December 31st 1996 disclose an operating loss of $602,000 or $0.12 per share. The Company also announced that the first quarter results of operations ended March 31st 1997 resulted in net earnings of $1,156,215 or $0.20 per share. CryptoLogic Inc. is a computer software company that specializes in Internet transaction processing and has licensed electronic cash and gaming software products to third parties. CryptoLogic Inc. trades on the CDN under the symbol CRYP

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