Cryptologic (CRY/TSE): First Profitable Internet Casino Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mephistopheles who wrote (451)	3/13/1998 1:37:00 PM
From: Yardbird	of 2782

$3.5 million write-down in Q4. Any idea what that was for? Could they be having trouble collecting players' losses via credit cards? From what I know of gambling law, a gambling debt may not be recoverable in court. Also, from looking at the recent financial highlights, the growth of revenue has slowed as follows: 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Revenue $1.74M $3.58M $5.92M $6.61M Qtr to Qtr growth 105% 65% 11.7% I bought Cryp at $18 last August and sold it when the latest financial results were finally released. I wouldn't mind a good reason to get back in - what budding industry could have the potential of "Internet + gambling"? But I was disappointed to see that growth had slowed so much. I'd still take 10% per quarter any day but if we're seeing a trend, will the growth this quarter be flat or negative?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next