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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (20208)	12/9/2004 4:48:06 PM
From: Bob Rudd	Read Replies (1) \| Respond to of 78523

Madharry: The issue, it would seem to this very casual observer, is not so much whether CRYP has DCA within the space, but to what extent Poker's new found popularity is a fad that will flameout and fade much like the Atkins Diet...leaving dependent businesses in a lurch..Egg producer and Atkins beneficiary CALM is a poster child for what happens when a fad fades. Society in general and teenagers in particular seem to have the attention span of a gnat when it comes to popular culture. I suspect the favorable multiples may correctly reflect investor skepticism about the durability of Pokers recent 'Big Bang.' ..Now if someone would invent a game based on the Scott Peterson murder case, that damn thing would never fade, unfortunately.

To: Madharry who wrote (20208)	12/9/2004 8:09:33 PM
From: Wallace Rivers	Read Replies (3) \| Respond to of 78523

JMO but I'm wary of Canadian stocks...not saying there aren't some good ones. I just remember stuff like Phillips Environmental, Laidlaw, Corel, even Nortel, all stocks that were hit extremely hard. It's frequently more difficult to get a good handle on the financials for Canadian equities IMHO. I'll admit I absolutely am near addiction to watching hold 'em, but CRYP's business does not have enough of a "nuts and bolts" component (for my taste) at these prices. I hate to admit it, but my taste is drifting to WWE at its relatively low price and superb balance sheet. Good luck with CRYP, I hope you continue to draw pocket aces, then slow play to sucker your opponents in, then put the hammer down when you round out the pocket aces with ace ten ten for a full house. Your opponent thought he outdrew you with a pocket jack ten!