Opinions
Peter Hodson
Chartwell Technology Inc.
CWH-T
BUY
Jun 13, 2005
One of their customers "Bet & Win" was accused by an anti gambling group of cheating on their taxes. Thinks this was massively over blown. Will be reporting earnings this week and numbers should be good.
$8.100
Stock price when the opinion was issued
computer software
processing
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
DON'T BUY
Sold Chartwell (CWH-T), Cryptologic (CRY-T) and Great Canadian Gaming (GCD-T) and when they moved down in his models at the end of June. When a stock takes a loss of 8/9%, you should take a good hard look as their first loss is usually their smallest. In the bottom 1/3 of his database. Have another look at it in 3/6 months.
computer software
processing
BUY
Thinks it has bottomed. The whole space fell apart in the late summer. This one continues to chug along in adding new customers. From a valuation viewpoint, it is far more realistically valued than it was at $12. Still a little concerned that the space hasn't rolled over, so you may get a bit of a pause here.
computer software
processing
PARTIAL SELL
Software manufacturer for the online gaming industry. Took a tremendous hit in 2005/2006 when US government disallowed funds to be held in the US. Its clients were primarily in Europe. Stock has done very well since the beginning of the year. Has about $0.80 per share in cash. Consider taking some profits. Valuation still looks relatively solid.
computer software
processing
Advertising