Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook Message Board

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

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To: Mephistopheles who wrote (1070)	12/14/1998 4:10:00 PM
From: interesting man	Read Replies (1) of 8858

No Im not from a craker jack box. I know what the difference between revenue and handle is!! I meant to say GROSS REVENUE because there revenue comes from many different sources(sexsites,casino,sporsbetting,etc.). I realize NET REVENUE is anywhere from 10% of GROSS REVENUE. so if they did $1 BILLION in GROSS REVENUE they will do anywhere from $50 Mil to $100 Mil in NET REVENUE. take 70% - 80% of that then you have GROSS EARNINGS. after taxes and depreciation you have NET EARNINGS. I am not trying to hype the stock, I am just very exited about this Company CHEERS

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