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


To: keta who wrote (3503)7/13/1999 3:51:00 PM
From: dbernet  Respond to of 8858
 
Then apparently you disagree with the current management of Starnet.

Clearly, the porn part of the business prevents some people from investing in Starnet, and to some degree holds down the price of the stock. We can argue about how much, but the very fact we are discussing it shows their is some negative feeling out there.

I first bought SNMM at four dollars and like you I am interested in making money. The company is growing exponentially and porn is going down to 15% of income in the 4th quarter 99 according to Doland. This is from well over half a year ago. As it becomes a smaller and smaller part of total income, at some point it makes more sense to sell it.

I believe, as does management, that the best way to increase share price going forward is to sell it.

I am very long SNMM, and look forward to the next 3 years.

Regards, dbernet