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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook
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To: Gator who wrote (755)11/3/1998 5:24:00 PM
From: Peder E. Angvall  Read Replies (1) of 8858
 
Not much info on the conf call. About the only new things I picked up were:

1. On Oct 31, they had 9 OPERATING licensees.
2. They appear to be waiving the $100k setup fee for more than 50% of their licensees.
3. They are looking at selling their adult sites. This has been rumored before, but they appear to be actively looking at it now. They claim the adult sites are worth more than their current market cap (around $10 million).
4. They will have at least 100% revenue growth over last year. If they are going to continue their 35% quarter over quarter growth, they are going to have to do about 180% growth over last year.
5. They hope to have the numbers out around Dec 1.

PA
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