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To: Gator who wrote (4257)	7/31/1999 6:32:00 PM
From: Techplayer	Read Replies (1) \| Respond to of 8858

Gator, After reading your first post about this, this scenario immediately came to mind. Excellent point. Financiers of any type are always looking to get the most favorable conditions. With the NASD listing around the corner, N.B could be trying to retain decent valuation for the $. Very interesting, but not verifiable, scenario. In any case, we will still be holding long after the private placement, NASD listing and next earnings session in September, so just enjoy the ride, adding if you can if we get some more MM's playing for cheap shares. Brian

To: Gator who wrote (4257)	7/31/1999 8:06:00 PM
From: Gator	Read Replies (2) \| Respond to of 8858

ATTENTION ALL- Simulcast Racing - Seen by All North American Tracks!!! I have just returned from a simulcast location I frequent Hinsdale Greyhound Park in Hinsdale NH. I have turned several management people there on to Starnet over the last few months and today when I arrived they told me they had received a memo with reference to Starnet. I have a copy of the memo dated 7-29-99. Unfortunately I don't own a scanner so I will have to retype the relevant parts here. The memo is to: Simulcast Partners From:Brant Allen - Arlington International Hope all is well with you! Tomorrow (Friday) is my last day at Arlington and I want to thank you for all your help over the past several years. It has certainly been my pleasure to work with all of you in this little world we call Simulcasting. I am taking a job with Worldgaming, a subsidiary of Starnet Communications, as their Director of Simulcasting. I hope that you will continue to work with me in this new capacity as racing moves into the interactive arena- rest assured I will be contacting you within the next few months to discuss these opportunities. The rest of the memo deals with Arlington. It is my understanding that Mr Allen was the director of simulcasting at Arlington. This memo further confirms that worldracetracks is now very close and with the recent disclosure that there will be co-mingling of the pools; meaning that bets taken through Starnet and its licensees will be added directly to the betting pools at each of the tracks involved. This means that Starnet will be at no risk with regards to these wagers, they will simply earn a percentage of their handle at each track. I believe the revenue from this portion of the business model WILL BE MUCH LARGER than we can currently imagine. It will take some time to build the network of tracks but I cannot see how any track could pass up the potential of this opportunity. It is a total WIN - WIN situation. Regards Dave >> Thanks DogDude @ RB Later...Gator