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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook
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To: Victor Lazlo who wrote (3203)7/3/1999 5:25:00 AM
From: C.Carlos  Read Replies (1) of 8858
 
I spoke with a friend who holds a high position at a "broker-dealer" institution and he tells me that yesterday's activity appears to be due to institutions buying because SNMM just pass the 1/2 billion dollar market cap treshhold and that he expects the activity to substantially increase with the listing in the NASDAQ NM.

Another friend of my, who is also following SNMM closely, who manages the accounts of hundreds of individuals (I think he has about 30 or 40 brokers under him), tells me that as soon as SNMM hits NASDAQ he can start recommending it to his clients. Right now he can not recommended SNMM due to company (or regulatory, I don't know which) policy because it is a BB stock.

I expect a significant, I mean big, inflow of cash into SNMM after it hits the NM. This company will blow away all estimates, including management's.
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