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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook

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To: patwrk who wrote (3041)6/24/1999 8:53:00 PM
From: THOMAS GOODRICH  Read Replies (1) of 8858
 
Don't think Microsoft would be interested in the company. Bill Gates is doing his own thing with Kerry Packer in Australia and Microsoft has a lot of other legal issues to contend with in the courts so picking up a gambling company would probably not be in their best interest.

SNMM continues to profit from the revenue streams and licensing fees from their many franchisees. The cost of casino franchising continues to drop enticing many new entrants. Starnet licensee, Global Interactive offers web sites from as little as $19K! I would be curious to know what you could get for that, however, the key is Starnet as a development company benefits from multiple revenue streams (many and growing daily!) and companies such as SNMM are where investors in the online gaming sector should invest their money. Some people unwittingly compare web sites that have gone public with Starnet as both a developer and a house, and that's a mistake. Multiple revenue streams and size are key.
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