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

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To: Warner Buffett who wrote (529)5/4/1998 10:06:00 AM
From: Mephistopheles  Read Replies (2) of 2782
 
Welcome back!
Yes... many points for cryp these days.
- Continous increase in business.
- High level (and still going) licences/operators.
- The technology is 100% cryp and they have the knowledge (they built it).
- Cryp has cash.
- Going to the Toronto Stock Exchange soon.
- Stock split
- No US asset

Yes, there is an additional huge potential business for Electronic Secure Cash transaction system on the Internet. Cryp E*Cash system works, since it is in production for over a year now. It is the base of all their Internet Casino software.

I guess that some of the earnings since the last few months has been used for building this new product line to tap on this huge Internet business... Added to the Internet Casino business this should make cryp one of the top 20 Software firm in Canada in terms of revenue. (see Financial Post for the Branham Canadian Software Top 50)

Just with the current earnings, the current stock price is "real low" and should not stay as soo for long... others will know about this real soon...
What do you think?
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