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

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To: M_Power who wrote (568)	8/12/1998 7:04:00 PM
From: Drake	Read Replies (2) of 8858

M_Power.... Meph is a loser on CRYP. Look at this post of his here on July 20 on the CRYP thread. CRYP was around $12 to $14 and he says... >>I think we've hit the bottom. Last time for these prices I think. If tomorrow looks good, I'll start to add more. I won't be surprise if the company starts buying back shares. Mephistopheles.<< Message 5254610 Well.... we all know what happened five days later. So it looks like Meph was piling up on CRYP and then to his dismay it crashed down to $5. He probably took his own advise so he comes around here, to the SNMM thread, trying to make himself feel good. It simply proved that Starnet's business model was better and withstood the Kyl Bill announcement where as CRYP crashed down to where he really should have been buying. Basically he would have lost 58%. Thats DOWN 58% on CRYP in 5 days. If I had made a call like that I would turn in my S.I. membership and take a crash CFA course...... The 144's that Meph posted only show they filed to trade those shares.....they are on the outside..the real insiders are still holding. No one can prove they did or didn't sell. It's paranoid thinking to think they sold because they more than likely DO know where the company is going in the next quarter and are looking forward to selling in the near future...at who knows $2 or $3..not the f**king day they filed......that's sheer paranoia based on circumstantial evidence.

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