SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: interesting man who wrote (1180)12/16/1998 3:10:00 PM
From: M_Power  Read Replies (1) of 8858
 
As you say...it's the growth, not the bottom line.

October/November gross wagers increased 45% month over month. I'll go out on a limb and extrapolate...

Gaming was 55% of SNMM's revenues last month.
$1.8mm @ 55% = $990,000.

$330 a month average. Increase 45% = $475,000.

$475k x 3 = $1.5 million (factor in some conservative additional growth)

Add porno of...$750k assuming stagnant number.

$2.25 million in revenues next Quarter. That would be 25% quarter-over-quarter revenue growth. Plus new licensees. Plus bets on horse racing...

Daydreaming...

///M
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext