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


To: trader14U who wrote (3588)7/16/1999 10:34:00 AM
From: sanjay sanghani  Read Replies (1) | Respond to of 8858
 
Obviously you can't do better than that old one.



To: trader14U who wrote (3588)7/16/1999 10:58:00 AM
From: dbernet  Respond to of 8858
 
You guys kill me. I've watched you come and go with Starnet since February. You get on line and try to manipulate stock prices by publishing falsehoods and innuendo. The amazing thing to me is sometimes it works. Novice investors occasionally believe you.

I suppose there is a place for you in the world, somebody has to be a bottom feeder, and all's fair in love and finance. Besides, you do provide liquidity and comic relief.

The problem right here right now with this stock is based on past changes with earnings releases, Starnet could easily go to the low forties. And you are probably going to help us get their. You guys covering have helped this stock triple twice since I have owned it. Keep up the good work.

There is lots of interesting news likely in the next month: Nasdaq, adult sites sale, new licensing, world lotto, Kyle bill, horse racing, etc., but the key is earnings and revenue growth. The fact is this company is growing revenue and earnings faster than you can post misinformation. There is probably a place to short Starnet (although dangerous) after the run up from the earnings announcement. Take your chances. I will sell 10% at about 42 to help you out.

Right now though you are standing in front of the barrel of a loaded cannon saying quite bravely "Awe, they're not going to shoot yet".

Good Luck,

dbernet



To: trader14U who wrote (3588)7/16/1999 11:58:00 AM
From: THOMAS GOODRICH  Read Replies (1) | Respond to of 8858
 
Noone here is receiving compensation for touting SNMM with perhaps the exception of a couple of IR firms which post updates occasionally. The people you hear from regularly are nothing other than exuberant stockholders. A couple of points to mention:

1. While online gambling continues to expand there is very little individual states or the government can do to derail it. The Internet is worldwide and the United States doesn't control it, at least not yet! The DOJ can place chokeholds on credit cards and badger ISP's, etc. but, there are always workarounds. Starnet is a Canadian Corporation and as a house does not accept wagering from the United States. Gambling over the Internet is neither legal or illegal in the United States and current federal legislation only applies to use of the telephone. The exception would be eight states who have declared it unlawful for their citizens to gamble over the Internet.

2. Starnet's revenues continue to grow exponentially and there are many more licensee announcements and revenue streams forthcoming. I am aware of about six from a large Florida gaming partnership alone that should be announced by year end.

For what it's worth, these are compelling reasons to own SNMM. If this sounds like a tout, so be it!