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

To: Sili Investor who wrote (799)	1/5/1999 1:14:00 PM
From: Ian A.	Read Replies (1) \| Respond to of 2782

An internet play trading at less than 10x earnings, assuming 4th qtr earnings come in at better than $0.38, which shouldn't be difficult,....why would anybody be excited. Last year when CRY was on the OTC market, it hit $39.00, with momentum, in August it transferred to TSE, at about the same time that the Kyl Bill was being proposed in Congress, this dampened the appetite for CRY, since then we have seen the stock hover at or around $8.00 going down to $5.00, but recently we have seen some good consistent movement up. The Kyl Bill is now dead (hopefully), and we are waiting for more news, particularly with non-gaming contracts for its e-commerce software, also potential investments as at last quarter end CRY had $27million in cash. Yes this is another real Canadian e-commerce site, without the hype of BII. Ian A.