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

To: Uncle Clive who wrote (3541)	7/14/1999 4:14:00 PM
From: trendy	Read Replies (1) \| Respond to of 8858

There seems to be a group here hoping to save us from the "evil SNMM insiders" - LOL You stated "Have insiders bought any shares in the past year? NO" ...And I say, WHY SHOULD THEY? If you look at the complete recent history of insider trading in SNMM here : host.cnbc.com ..you see that in many cases, the SNMM execs are granted stock options as part of their employment with Starnet. These options have great exercise prices and they choose to take these options, and do sell from time to time to reap the gain on their original investment. Many, I expect, use this as a way to improve their overall income, since their salary is not substantial. As the chart shows, the accumulation of additional shares is clear, and the regular options granted offset sales, in many cases. Finally, the chart also shows that many insiders have holdings in SNMM in the many tens of thousands of shares, AFTER the sales. I take this as a huge vote of confidence when they retain a million dollars or more of company stock and choose not to sell it. T