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

To: golfer18 who wrote (3751)	7/22/1999 10:30:00 PM
From: interesting man	Respond to of 8858

<<Starnet rally due to: In another words a great company p.s. glad to be back..

To: golfer18 who wrote (3751)	7/22/1999 10:46:00 PM
From: David A. Lethe	Respond to of 8858

SNMM should open much higher, because of cryptologics great earnings, announced today after market closed ... Total revenue for the three months ended June 30th, 1999 totaled US $8.0 million, an increase of $2.8 million or 54 percent over the same period last year. Net income for the quarter totaled $4.9 million, an increase of $1.6 million or 48 percent over the same period last year. As a result, earnings per share in the second quarter of 1999 were $0.57 compared to $0.39 in the second quarter of 1998. On a fully diluted basis, earnings per share were $0.32 for the second quarter of 1999, compared to $0.22 for the second quarter of 1998. At the end of the second quarter, CryptoLogic's cash and cash equivalents, including restricted cash totaled $36.4 million. Total revenue for the six months ended June 30th, 1999 totaled US $16.2 million, an increase of $4.8 million or 42 percent over the same period last year. Net income for the six months totaled $10.3 million, an increase of $3.1 million or 43 percent over the same period last year. As a result, earnings per share in the first six months of 1999 were $1.21 compared to $0.87 in the first six months of 1998. On a fully diluted basis, earnings per share were $0.67 for the first six months of 1999, compared to $0.48 for the first six months of 1998.