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: Jay D. who wrote (2105)	3/10/1999 5:57:00 PM
From: THOMAS GOODRICH	Read Replies (2) of 8858

Rather interesting performance today and yet fairly typical of an OTC Bulletin Board listed security. The more consistent rise you mention probably will not be realized until Starnet is upgraded to a NASDAQ Small Cap listing or moves over to the AMEX of which an announcement is expected shortly. SNMM is not a marginable security nor are BB stocks like it of general interest to institutional buyers. Further, many brokerages elect not to trade BB stocks. Starnet's progression is all very bullish news because as securities become marginable and more accessible they attract institutional buyers. Starnet is the leader in the online gaming industry and is beginning to get noticed. The business plan is unfolding nicely into place. I suspect Starnet could greatly exceed $20 share within several months as institutions and margin players begin to accumulate, however, I don't believe that is a likely scenario until delisted from the manipulative OTC Bulletin Board. As a long term player, I would welcome another buying opportunity over the next few days if we see it! I'm not counting on it however.<g> TG

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