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

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To: Wayne Rumball who wrote (762)11/3/1998 10:27:00 PM
From: THOMAS GOODRICH   of 8858
 
The conference call was very positive and exactly what I expected to hear. The typical licensee setup fee of $100,000 is materially insignificant when you weigh potential gains of 25% of gross dollars wagered multiplied over a period of years. Starnet reportedly has waived the setup fee for clients with existing gaming and/or sportsbook web sites as well as for a few others converting to Starnet. Mr. Dohlen mentioned the names of a few other developers, i.e. Cryptologic and Boss Media who are making inroads, however, there are others like Xertrix, VGTI and WWWC that are as well vying for market share. Starnet licensees are reporting a high level of satisfaction with the company's turnkey service and casino gaming packages. Let's see if the stock price eventually reflects that!

TG
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