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Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino
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To: Sober who wrote (795)12/27/1998 10:21:00 PM
From: Ian A.  Read Replies (1) of 2782
 
Barry et al

While following an information link to an internet stock on yahoo

biz.yahoo.com

I came across the following which may give CRY some greater exposure.

internetstocknews.com

I do not know whether "Internet Stock News" is followed by investors, or its reputation, but I do know that as this link is followed from a news item referenced through yahoo it is a plus.

The article in question is "e-commerce Vegas Style" and it refers to Cryptoligic as No.1 of the best.

"The best:

1. Cryptologic Inc. (TSE: CRY) www.cryptologic.com is a Canadian company whose industry-leading gaming
software allows multi-player games (complete with player-to-player chat) in a 3-D environment. CRY sells this
software to casinos and also is building a solid e-commerce business through its financial transaction software.
This is one of the few profitable companies in the industry, earning $.61 (Canadian) per share in 1997 and on
track to earn $1.50 per share this year. It trades around $10.50, which reflects a PE of only 7 on 98
earnings. However the company's stock trades on the boring Toronto Stock Exchange."

The full article references other internet gaming plays.

A profitable New Year (on Nasdaq)!!

Ian A.
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