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: Uncle Clive who wrote (6852)	8/31/1999 10:47:00 PM
From: Techplayer	Read Replies (1) of 8858

UC, I correct my previous statement as i believed you errantly. I went to the latest SEC filings and it is quite apparent that Starnet has claimed the revenue but not claimed the porn as an "asset on the balance sheet". therefore, when Dohlen said "It has been an asset that has not appeared on our balance sheet but we have enjoyed the revenues from it. In our last quarter I think it was getting down to about 12 or 14 percent of our revenues, so we're not going to see a significant drop in revenues from that, we're going to more than make up for that with our growth of the gaming business, but it will be nice to see that asset on the balance sheet." he was telling the truth. Show me where they have a non cash equivalent of anything near the value of this business.... Brian

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