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

To: Ipso facto who wrote (761)	11/12/1998 8:54:00 AM
From: DaveAu	Respond to of 2782

Another meaningless snapshot in the Globe: "Cryptologic is a company with a lot of potential in an industry with a lot of potential. But potential itself never lined anyone's pocket with money. That said, investors are being cautious with this Toronto based company, which develops secure applications for sports betting, casinos, and bingo on the internet. The problem is that nobody really knows just how large the internet gaming industry is, because much of it operates underground and most of the companies are private. Cryptologic is one of the industry's rare publicly traded players. As such, eyes on the fishbowl are seeing a lot of swimming but little growth."