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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (25477)12/7/2006 9:44:30 AM
From: Spekulatius  Read Replies (3) of 78702
 
Bought a starter in OPMR - an internet payment and processing company. OPMR is more or less a CRYP peer. Business is going to be hit buy the internet gambling ban. Roughly about 1/2 of the balance sheet is covered by net cash and they have a processing business that has nothing to do with gambling left (assuming that internet gambling business is going away). Nicely valued as is with a nice chance of recovery if internet gambling comes back.
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