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

To: Wallace Rivers who wrote (20223)	12/9/2004 11:26:59 PM
From: Madharry	Respond to of 78525

I havent played poker since age 16. I found out I was incapable of bluffing convincingly. On the other hand I havent watched wrestling since I was nine. Yes quite a few canadian stocks of prominence have hurt investors. but for every NT there is an LU a worldcom, a global crossing. so that doesnt deter me.Especially when its not heavily touted. My guess is that as the numbers improve the price of the stock will respond to that, and because its not a nuts and bolts business. most of the increased revenue should go right to the bottom line. My biggest fear would be a Microsoft setting up a division to provide software to the gaming industry.

To: Wallace Rivers who wrote (20223)	12/9/2004 11:27:47 PM
From: Madharry	Respond to of 78525

I haven't played poker since age 16. I found out I was incapable of bluffing convincingly. On the other hand I haven't watched wrestling since I was nine. Yes quite a few canadian stocks of prominence have hurt investors. but for every NT there is an LU a worldcom, a global crossing. so that doesnt deter me.Especially when its not heavily touted. My guess is that as the numbers improve the price of the stock will respond to that, and because its not a nuts and bolts business. most of the increased revenue should go right to the bottom line. My biggest fear would be a Microsoft setting up a division to provide software to the gaming industry.

To: Wallace Rivers who wrote (20223)	12/10/2004 1:55:08 AM
From: Sultan	Respond to of 78525

It's frequently more difficult to get a good handle on the financials for Canadian equities IMHO. You are joking of course.. If you are serious, please note that once a canadian company is cross listed (meaning they trade on Toronto as well as in US) on Nasdaq or NY, they have to abide by the same disclosure and reporting rules as any other companies.. Where the company has HO becomes immaterial IMHO.. In that sense they are no different then a lot of small software companies where business may be in North America and over seas.. As for CRYP, last I was in it was in mid 2001 and existed the position around 40 CAD (that is CRY.TO).. The reason I never went back was I remember some attempts by US legislature to regulate morality so I was wearied.. More importantly there were some issues re. Visa and other credit cards becoming strict about allowing the use of the card for online gambling.. When they listed on LSE and when the stock went back to single digit CAD, I thought of looking into how CRY overcame that particular problem but never got around to it.. :o( FWIW..