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


To: Jan Garrity Allen who wrote (3408)7/10/1999 2:58:00 AM
From: golfer18  Respond to of 8858
 
So you are concerned about ethics I see. Drunk drivers have killed thousands and cigarettes have killed millions, yet good ol' Phillip Morris is still on the NYSE. Go cry your heart out somewhere else. As far as the story about the 14 year-old is concerned, I have a question - Where in the hell were the boys' parents? People have to take responsibility for their actions the government cannot legislate moral behavior.



To: Jan Garrity Allen who wrote (3408)7/10/1999 7:39:00 AM
From: C.Carlos  Read Replies (1) | Respond to of 8858
 
Jan Garrity, I'm with you on the adult issue. I think it has to go, period. Contrary to other longs who believe it has to go in order to attract fund managers and institutional investors, I believe it has to go for moral issues. The company has repeatedly said they (the adult sites) will be sold during July.

I don't necessarily agree on the casino issue. Personally, I believe that if someone is going to gamble, it is better that they do it at home than in a place where they will be stuffed with alcohol and surrounded by hookers and other vices. To allow legal gambling at Las Vegas and prohibit it at home, is absurd IMO. A man's home is his castle, a Supreme Court Justice once said. I'm not too sure the High Court will be too excited to allow that sort of interference on private activity at home that is perfectly legal otherwise. Why waste time and resource on a trifling attempt?

Personally, I don't gamble, but I think strict and fair regulation will be better for society. If gambling is going to be illegal, make it all illegal, including state lotteries and all, otherwise, legalize it and regulate it firmly.



To: Jan Garrity Allen who wrote (3408)7/10/1999 9:51:00 AM
From: robert duke  Respond to of 8858
 
I agree. If they are getting rid of the porn sights it is a good thing. They are going to focus on just the gambling sights and ecommerce part. All internet gambling should be 18 or older but the stock will still do well. Because people like to gamble.



To: Jan Garrity Allen who wrote (3408)7/10/1999 10:43:00 AM
From: Victor Lazlo  Respond to of 8858
 
Jan i share your concern re porn on the net. The laws and judges are having a tough time though due to the lack of physical barriers to access (with adult movies, physical access can be restricted). Not so easy with the net.

Also, it's too bad our public libraries are not taking a lead in this area. They are mostly protecting anyone's access to pornography, regardless of age, on the net via computers in public libraries. In addition, my library in town has a section of videos that can be borrowed, and some of them are fairly racy, but there does not seem to be any restrictions.

BTW, there are at least two nude dancing "gentlemen's clubs" (right!) co's that are publicly traded on nasdaq small cap mkt.

I think the bottom line as someone else has already metioned here, is that parents are the ones who have to be the gatekeepers.

Victor



To: Jan Garrity Allen who wrote (3408)7/10/1999 1:23:00 PM
From: Techplayer  Respond to of 8858
 
Jan,

Ethical or not, SNMM will receive NASD listing, with or without the sex sites. SNMM has planned for several months to sell this component of their revenue stream to remove the stigma. Once gone, institutions would likely invest far more aggressively. I suspect that they have held on so far to take advantage of the revenue stream associated with it, which essentially funded the development of the software for the gaming business. Don't be so sure about the governemt either. If the govt. can control and reap cash benefits from such a businee, it will.

Good luck.

Brian



To: Jan Garrity Allen who wrote (3408)7/11/1999 12:41:00 AM
From: David A. Lethe  Read Replies (2) | Respond to of 8858
 
Jan: Did you know playboy enterprises trades on NYSE?!!

>as i wonder if a company can get a nasdaq status with the sites described in the first summary!!Moral..legal.and ethical questions!!!!!!!!!

As for the morality of porn, you have the right as a stockholder to express your opinion to IR. Just remember, however, that the porn not only supplied R&D funds for gambling (and possibly on-line trading), but it supplied a captive, immediate customer base to draw royalties from.

David (very, very long on SNMM)