Opinions
Martin Hubbes, CFA
Cryptologic
CRYP-Q
BUY
Aug 02, 2005
Have a fairly strong cash flow. A lot of the gaming stocks have had a lot of hype around them and have run up very strongly, particularily on-line gaming companies like this one. Thinks there's a real opportunity for this stock, but will have to see what the earnings look like. Would be a long term holding.
$34.300
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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