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

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To: Jay D. who wrote (115)	2/7/1998 12:41:00 PM
From: Gator	Read Replies (2) of 8858

Jay, OK here goes: 1) They are targeting Europe and Asia till US issues are clarified, however will not discourage US players. 2) Governments are changing there attitudes, i.e., Australia now issuing Internet Gambling Licences. The only logical thing is to regulate and tax, though officials are concerned it actually is easier to regulate than the cash casino business. 3) Effort is 50/50 on being a gaming operator / Licensor that provides software and the infrastructure. 4) Expect to launch new versions of software every quarter using the internet to distribute and update, much faster than traditional channels. 5) 22 million shares out standing. 6) Expecting substantial revenues by next couple of quarters. 6) Major negotiations with US and European Race Tracks. Will be able to replace satellite broadcasts by providing real audio/video feed via Internet, potential 24 hours per day 7 days a week. Really liked what I heard... :> Probably will average down and buy some more... Later...Gator

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