Opinions
Andrew McCreath
Cryptologic
CRYP-Q
HOLD
Apr 20, 2004
Has had a great run over the last year. The valuation looks relatively inexpensive, but is not as cheap as it might appear. The big fear is that a Las Vegas outfit might deliver a big mousetrap.
$23.850
Stock price when the opinion was issued
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HOLD
Having a transition year. Reported numbers were shy of what was expected and quality was a little light. Still building their headquarters in Ireland. Expecting a major announcement in June regarding their china development. Expect revenues to pick up in the next quarter or two.
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