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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook -- Ignore unavailable to you. Want to Upgrade?


To: Francois Goelo who wrote (3093)6/28/1999 10:53:00 PM
From: Mitch Vine  Read Replies (1) | Respond to of 8858
 
The issue with CRY is how many licensees do they have? How fast are they growing? How many new licensees have the signed in the last three months? CRY has been a leader, but I think they have lost the leadership to SNMM and are coasting on past success. SNMM has a huge list of new licensees ragingbull.com
and probably a revenue growth rate in excess of 100%. CRY's PE will only get to a "proper" 30 if they can demonstrate that the growth is still there.



To: Francois Goelo who wrote (3093)6/28/1999 11:12:00 PM
From: Herc  Read Replies (1) | Respond to of 8858
 
My problem with CRY.TO is I don't have any access to information on it. Even SNMM is hard to find. So I will pass for now.



To: Francois Goelo who wrote (3093)6/29/1999 7:37:00 AM
From: C.Carlos  Respond to of 8858
 
Francois, the only problem I see with CRY is that it seems to be losing market share and it's not growing. I was looking at their financials last night and, for this last quarter, it is making more or less the same income that it made two quarters ago, and it reflected growth on a comparable quarter basis, of less than 40%. SNMM, on the other hand, is growing at a much higher rate and accordingly will command a higher share price.



To: Francois Goelo who wrote (3093)6/29/1999 3:03:00 PM
From: dbernet  Read Replies (2) | Respond to of 8858
 
I also own SNMM and looked hard at CRY.TO. Their earnings are phenomenal, but their most recent year to year sales growth, though respectable, does not come close to the rate that generates internet stock valuations. SNMM appears to be on the way to blowing them out of the water.
Just my take --- dbernet



To: Francois Goelo who wrote (3093)6/29/1999 10:24:00 PM
From: Todd Pagel  Read Replies (1) | Respond to of 8858
 
Francois...There is another option for casinos

Rather than start up a Starnet licensed casino, and pay a hefty fee, you could start one up from scratch for nothing, by using PlayStar's Quick Connect program. You are basically accessing PlayStar's casino through a portal on your own page which you can customize however you like. You get a very large percentage (50%?) of the take for doing almost nothing. PlayStar handles all the gaming software, payouts, etc. You don't even need a gaming license because it is done through PlayStar's casino transparently. I don't wish to hype PlayStar, though I do own a position in them (as I do in Starnet), but I think this MLM type casino program might be very successful in the future. Hell! I thought about opening my own casino with this program. All you need to do is drive traffic through your casino link. Just throwing it out there. I fully realize most people would scoff at this tiny company whose price has tumbled, but I recommend reading the Investor Newsletters found on the investors page.

On the other hand, I can not WAIT for Nasdaq listing of SNMM! Gonna be a great summer/autumn.