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

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To: DaveAu who wrote (831)2/12/1999 10:20:00 AM
From: Mephistopheles  Read Replies (1) of 2782
 
$30? conservative? Definitively... IT's a TRUE Internet stock that MAKES PROFITS!!! and should deserve a 100 times the earnings at least. Now what, we are targeting 15 to 20 times earnings? Well, for sure, $30 will not make me happy if I was in charge at Cryptologic, for sure!

We still don't know what was the price for the last acquisition? Only stocks? Options? How much cash, if any...

Everyone is on the BID side trying to get what might fall down... and no one is selling at bid price... so, you have to pay the Ask price... and the Ask side is getting smaller as well...

I expect a good run up for a while... This stock goes up very fast, on light volume since most of the stock is held by people who want to keep it for the big ride... so, not much in the "real" float.

Good luck to all!

Mephistopheles.
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