Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook Message Board

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

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To: Anthony@Pacific who wrote (5202)	8/20/1999 7:27:00 PM
From: nikita	Read Replies (2) of 8858

IMO - The deal is as follows: The SEC will halt the trading Monday and if by some reason they do not...... If the company is guilty - the stock will fall to nothing. If the company is not guilty - the stock will rise rapidly and then fall as investors who got burned will recoup some losses and move on and then fall due the enormous legal battle they face guilty or not and the shareholder suits I am sure that will follow and also the fear of doing business with the company will most likely have a major impact on sales. It is a lose-lose situation IMO. Mark Dohlen, chief executive officer of Starnet, stated, ``We do not anticipate any interruption to our services or our ongoing operations as a result of today's actions. But we are dismayed by this disruption of our three year-old operations, have retained legal counsel and will vigorously defend our rights.' I'm sorry to say there is a very high probability of a major impact to operations as a result of today's activities and your vigorous attempt to defend your rights will have an impact on your bottom line. Latestly, The accusation is damaging enough. Trade wisely.

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