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Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino
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To: DaveAu who wrote (855)3/7/1999 10:58:00 AM
From: Everlo  Read Replies (1) of 2782
 
The conference call included a few other details that I'd like to convey:

1. CRY has been authorized for a 4 for 1 split. They said they would not proceed with that until the stock reached the $30-40 range (obviously, they think it will get there).

2. They are looking primarily to markets in Australia and Europe (especially Germany/Austria) where internet gaming is being legalized. This is why the Australian and London exchanges are possibilities for them.

3. They have over 23 million in cash (they have the resources to get things done).

Bluejay is right. Better to rise with earnings than fly early and crash. The stock price will eventually catch up.

Ev
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