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

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To: Gator who wrote (763)11/4/1998 5:45:00 AM
From: Wayne Rumball  Read Replies (2) of 8858
 
They said quarterly report should be out by beginning of December.

Few other thoughts on the call, Dohlan seemed to be genuinly excited about the direction the company was headed. What I also liked is he mentioned "increasing shareholder value" only once, in connection with the sale of the sex sites, otherwise here was only talking about builing the company and moving forward. That's good, focus on the company and not the share price. The share price will follow.

Negative was litigation with former employees. He could not talk about it, but did say he felt that after they'd left someone probably told them they they had not received enough from starnet.

He also seemed to be excited about creating aliances with well known Las Vegas casinos. Recently one has opened a gaming site in Australia, seems others will soon follow as soon as they work out the legal ramifications.
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