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


To: Paul Senior who wrote (22068)9/14/2005 3:24:37 PM
From: sjemmeri  Respond to of 78777
 
I've been considering a new CRYP stake. I guess part of the drop is due to concern that 1 or more clients may develop their own software but, as you say, I like the price relative to cash and current earnings.



To: Paul Senior who wrote (22068)9/14/2005 3:40:54 PM
From: Madharry  Respond to of 78777
 
I upped my stake too. Now own some in the 18s,17s and 16s. part of the decline is due to CRYP being bounced out of some canadian stock index as of close of business friday. if this keeps up i will end up with a full position again. I would think if anything katrina and increased fuel prices will have a positive impact on an internet gambling stock. why drive to a casino when you can play online and save on fuel? the stock seems below 10x earnings net of cash. i think it should be double that.
BTW i saw a nice recommendation somewhere for Toyota motor.