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

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To: Jay D. who wrote (753)11/2/1998 3:01:00 PM
From: Peder E. Angvall  Read Replies (2) of 8858
 
My guess is that since we have had this big runup in the markets in the last few weeks (in which SNMM did not participate), people are scared that there is something wrong with this stock and they are dumping it for what they feel are better companies. (maybe like Amazon, Yahoo or EBay. LOL)

It truly is amazing that a company such as SNMM, which has positive earnings and a high growth rate, can be valued at .39, whereas a company such as Amazon, which will not have positive earnings in my lifetime, is currently trading for $130. It's all a matter of perception in the market. Amazon is seen as the king of the Internet and nobody knows anything about SNMM. They need their PR firm to step up to the plate and start working.

Maybe it's just because SNMM is a BB stock. Anybody know what it takes to move a stock from BB status to just a regular NASDAQ stock?? I'm pretty sure there is a minimum dollar value per share, but I don't know any of the other requirements. If SNMM is serious about it's shareholder value, that is one of the first things they need to do.

PA
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