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


To: Ian A. who wrote (848)3/6/1999 12:16:00 PM
From: arsene_lupin  Read Replies (3) | Respond to of 2782
 
If you follow SNMM (Starnet), you know the importance of a NASDAQ listing in getting an accessible profile for a stock. It is incomprehensible to me that Cryptologic does such a poor job of promoting their stock in the US. Sometimes I think they are afraid of applying for a listing on a US exchange because of the debate on the legality of taking money from online gaming operations from US citizens.

If this is their rationale, they need better advisors as the board does an abysmal job at dissemination of information. If Starnet (SNMM) can trade in the US, I do not see why Crypto would not do the same. The structure of the companies is similar (except for quality of management) in that they both license gaming software and derive their income from it.

A stock that earns 2$/share and trades at 14-16$ is heresy. If some effort was put into the marketing and obtaining a US listing, this stock would trade at 40-50$.

Comments from watchers of this stock welcome.