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


To: bobkansas who wrote (3814)7/27/1999 2:00:00 PM
From: trader14U  Read Replies (2) | Respond to of 8858
 
as an attorney, you should be embarassed to spend so much time on line....are you billing your clients for the time you spend on line???.....attorney's on line....didn't think they could sink any lower...



To: bobkansas who wrote (3814)7/27/1999 2:07:00 PM
From: Techplayer  Respond to of 8858
 
Bob,

The article is a poorly written press release paid for and submitted by L.V. Casinos. It reads terribly. It was obviously not prepared by a professional.

Brian



To: bobkansas who wrote (3814)7/27/1999 2:43:00 PM
From: THOMAS GOODRICH  Read Replies (2) | Respond to of 8858
 
Bob, Starnet gaming operators we consult with have never had any major complaints about Starnet, it's management team or subsidiaries. Starnet via the most recent press release states it has not be served and doesn't believe the complaint to have any merit. With all the supposed class-action complaints pending, who would they be? We became aware a few weeks ago Starnet and it's major partners had received hundreds of inquiries from entities seeking franchises from the company. Some of these were from entrepreneurial groups, Indian tribes, oil and gas related companies, and at least one government! At least one licensee has expressed concern over competition believing the shear number of franchises could adversely affect their profitability. Starnet's response was to promote more aggressively! I believe Starnet even if negligent in some way would be hard to successfully litigate against anyway. Las Vegas Casinos appears to be a US controlled company with potentially enormous exposure by virtue of their financial ties in the US and while they MAY have a valid complaint about Starnet, a foreign company about something, it isn't likely to have sustained anywhere near a billion dollars in losses! Presumably they drew this rabbit out of a hat.<g>