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

To: David Alon who wrote (5111)	8/20/1999 2:49:00 PM
From: Buckey	Respond to of 8858

sorry folks - Sometimes Bashers know their stuff Starnet served with search warrant SNMM Shares issued 0 close $0 Friday Aug 20 1999 Superintendent Randhawa of the RCMP reports Today, investigators from the co-ordinated law enforcement unit have executed search warrants at the offices of Starnet Communications International Inc., at 425 Carrall St., Vancouver, B.C., and at the residences of six of its directors and officers. Law enforcement agencies assisting in this investigation include: the RCMP commercial crime section, RCMP integrated proceeds of crime section, RCMP high-tech crimes unit from Ottawa, Vancouver Police Department, members of the Coquitlam RCMP detachment, West Vancouver City Police Department, and the Delta Police Department. The offences being investigated include illegal betting and bookmaking, making agreements for the purchase or sale of betting or gaming privileges, providing information intended for use in connection with bookmaking, possession and distribution of pornographic material, and possession of the proceeds of crime. Starnet Communications and its subsidiaries have been under investigation by CLEU investigators for over 18 months in regard to illegal gaming and the distribution of prohibited pornographic materials over the Internet. Investigators have determined that millions of dollars flowed through Starnet-controlled bank accounts each month as the result of its Internet-based gaming system. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

To: David Alon who wrote (5111)	8/20/1999 2:52:00 PM
From: Hockeyfan	Read Replies (1) \| Respond to of 8858

Call my dumb, but... I only own 300 shares at $14, but I am holding. I believe the company will retain attorney representation and be back in business by Monday. I believe that all the websites are still running. I don't have all the facts, but my gut tells me that SNMM will either be at $zero or back in the teens by next Friday. The shorts have won this round. Were you short based upon 1) valuation, 2) expectations of this raid, 3) all the crap that Claude Levy was posting or 4) some other reason? I would like to "learn from the pros" or did you just get lucky?