Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: THOMAS GOODRICH who wrote (4110)	7/29/1999 6:04:00 PM
From: Gator	Read Replies (3) \| Respond to of 8858

THOMAS, et al., As a Starnet shareholder with a long term outlook, I am more than pleased with the year end earnings...especially when I think about this information from Starnet: "It does take time for any licensee to ramp up their marketing efforts, and we estimate approx. 3-6 months from the time a licensee goes live before significant revenue will start coming in(significant means a profit over and above operating and marketing costs). The ones who have been up the longest are obviously doing the best, and many licensees are doing quite well. Because of the rate we are signing up licensees(which is beneficial to our shareholders because we are capturing market share, bringing in revenue, and increasing the chances of customers coming to one of our casinos) many licensees are not yet up(it takes approx. 60 days for a licensee to go live), and some haven't yet begun a full scale marketing effort. The 80/20 principle applies for our business, like any other, whereby the majority of customers and revenue will come through 20% of our licensees, with the rest spred throughout the remaining 80%. The more licensees we have, the larger that 20% becomes." I am more impressed with their ability to follow through with their Business Plan, and the rapid growth in revenues... The shorts can play their games, it's a free world, the important thing is that Starnet will continue to grow from it's infant stage that we are now witnessing :> Their Business Plan has so many contingencies built into it, and they are well positioned for various political scenarios... It seems, it would be a very foolish investor that does not recognize the potential, we have here, with Starnet... Regards to All Longs...Gator I think all the longs here, Brian, Bob, David, etc. deserve a pat on the back, for their objective approach to investing, and sharing the true DD on Starnet!!! Folks, the positive part of the Starnet Story is far from over... Thomas, Thanks for your input!!! BTW, Way to go Mo!!!