CryptoLogic Limited (USA) (NASDAQ:CRYP)
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The Company through its subsidiaries, engages in the development and supply of online gaming software worldwide.
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The Company through its subsidiaries, engages in the development and supply of online gaming software worldwide.
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It's cheap (compared to book value and my $1.40 EPS estimate for 2008). It grows quickly (except for the first half of 2007 when the U.S. ban on internet gaming made for a tough comp). The earnings growth combined with the possibility of a new president and Democratic congress overturning an internet gaming ban that was unpopular and passed in a very flawed way (it passed only because it was attached to a very popular port security bill) should give CRYP a favorable risk/reward ratio.