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Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino -- Ignore unavailable to you. Want to Upgrade?


To: Lola who wrote (1248)8/29/1999 5:06:00 PM
From: Gator  Read Replies (1) | Respond to of 2782
 
OK Folks, If your so sure, what are the 7-14-21 price targets...I may play this MOMO pre-NASDAQ???

Later...Gator



To: Lola who wrote (1248)8/29/1999 5:30:00 PM
From: Mephistopheles  Read Replies (1) | Respond to of 2782
 
Lola, from what we know and confirmed at the last conference call is:

- Cryptologic ecash system has processed more then $1.8Billion dollars in transaction.
- Cryptologic ecash system as a close to 3% (if I recall) related fraud (wich is 50% less than credit card operators) That I recall!

- It can be configured to allow for any kind of business.

- The next release of the E*Cash system of Cryptologic is quite flexible (hear the last conference call) to offer a broad range of customers. The Cash Card of the Internet is a good description.

And there's more. The guys behind the R&D at Cryptologic are amazing. We should post the name and CV of each of them including the founders and current board members... What do you think?



To: Lola who wrote (1248)8/29/1999 8:51:00 PM
From: pink789  Read Replies (2) | Respond to of 2782
 
>>Can the CryptoLogic Ecash system be used by other Internet merchants to accept payments? The lack of a good payment system on the Internet has created a huge bottleneck for companies trying to do electronic commerce. <<<

Lola,

I talked to CRY IR about Ecash for this kind of a market about 6 months ago. At least in theory Ecash is well suited for this market (very low transaction processing costs) but I don't think CRY is going to do anything in this space in 1999 (but maybe in 2000). I seem to remember seeing something on this in their annual report but need to check.

I'm playing CRY right now just for their i-gaming potential. My own thinking is that i-gaming is much bigger than say books and the like that Amazon.com does -- I read a lot but I love gambling!!!

pink789