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

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To: E*Trader who wrote (2174)3/12/1999 11:50:00 AM
From: THOMAS GOODRICH  Read Replies (1) of 8858
 
William,

While I think it's a no-brainer SNMM could be a $20 stock very soon it's also entirely possible to go back to $5. The reason being is all the horseplay on the OTC Bulletin Board of which SNMM is a member. Clearly this is not a company or an industry I personally would consider shorting at this level, however, fundamentals and trading dynamics are two unrelated issues. Should progression to NASDAQ occur soon which it likely will, this company will enjoy a much broader based avenue of exposure. Revenues for the month of February were stronger than anticipated and this progression shows no sign of abating.

Some folks are making a mountain out of a mole hill with respect to the compensated PR. There is nothing illegal or unethical about this practice and is in fact normal with BB and Pink Sheet listed companies. Further, the PR contains nothing that isn't factual and the costs were negligible and disclosed. In fact, I believe if Starnet really wanted to be touted they could have arranged that.

TG
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