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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook
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To: M_Power who wrote (1179)12/16/1998 3:53:00 PM
From: THOMAS GOODRICH  Read Replies (1) of 8858
 
Seems as though people are getting a little too concerned with revenue numbers. Whether it's 100% growth per quarter or 150%, it doesn't really matter unless you've got a fetish for fundamentals, which by the way now seems irrelevant and meaningless. Cases in point: Amazon, The Globe, Books-A-Million, Yahoo! When the local mom & pop bookstore gets a web site they too can become rich. While the licensees are generally unrestricted from accepting US wagers, that may change should prohibition in the United States pass next year. I believe Starnet wants to monitor the situation until that time. Licensee transactions fees typically range from 50% under $500,000 annually to 30% or less for over $15,000,001. Actual setup charges range from $50,000 to well over $100,000 depending on the individual contract. These figures were obtained from an actual licensee contract.

TG
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