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$4.33 0.27 (6.65%)
10/10/2008 3:59 PM

CryptoLogic Limited (USA) (CRYP)

CAPS Rating:
*****

The Company through its subsidiaries, engages in the development and supply of online gaming software worldwide.

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Recs

4

Avatar ddberg (85.39) Submitted: 1/02/07 4:43 PM : Outperform Start Price: $15.94 CRYP Score: -39.39

Has been hit this year because of legislation making online betting illegal in the U.S. But most of their revenues come from oversees gaming, and I'm sure the U.S. laws will be end-arounded somehow, so I'm not sure it's fair for them to have been hit as hard as they have. Good fundamentals, ton of cash, pays a dividend (rare for a small tech company) and has a lot of room to grow. Whether you like it (morally) or not, online gambling is extremely popular and extremely profitable, and CRYP's track record is outstanding.

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