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

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To: Mephistopheles who wrote (785)	11/8/1998 11:10:00 PM
From: M_Power	Read Replies (2) of 8858

It all baffles me. Crypto is a testament to the potential profitability of this, an industry wearing diapers. It's frustrating to see other Internet deals IPOing and trading at astronomical levels -- how many of them are operational, let alone profitable? (E-Bay, Amazon, K-Tel, etc.) Serious coin is being made in Online Gambling. I guess it boils down to the ethics of the investment community and the spectre of the Kyl Bill. It's time for the Internet Gaming companies to convince potential investors that the Kyl Bill is not the death of the industry. As Mark Dohlen said, Asians and Europeans are bigger bettors than Americans. That, to be honest, is my rationale for hanging on. It's a global opportunity. Let Kyl pass his bill...I bet individual states will condone it anyway. Gaming stocks in general are sucking wind...yet casinos are still grossing gigantic numbers. What's happened? I think we deserve to see 20x earnings. The industry is beginning to show a lot of promise. ///M

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