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: Anthony@Pacific who wrote (5202)	8/20/1999 7:18:00 PM
From: Wayne Rumball	Read Replies (2) \| Respond to of 8858

No, no halt please :-( It'll gap up too much when opens Doesn't matter what they did or didn't do, their revenue stream is worth $ Or did I miss something?

To: Anthony@Pacific who wrote (5202)	8/20/1999 7:27:00 PM
From: nikita	Read Replies (2) \| Respond to of 8858

IMO - The deal is as follows: The SEC will halt the trading Monday and if by some reason they do not...... If the company is guilty - the stock will fall to nothing. If the company is not guilty - the stock will rise rapidly and then fall as investors who got burned will recoup some losses and move on and then fall due the enormous legal battle they face guilty or not and the shareholder suits I am sure that will follow and also the fear of doing business with the company will most likely have a major impact on sales. It is a lose-lose situation IMO. Mark Dohlen, chief executive officer of Starnet, stated, ``We do not anticipate any interruption to our services or our ongoing operations as a result of today's actions. But we are dismayed by this disruption of our three year-old operations, have retained legal counsel and will vigorously defend our rights.' I'm sorry to say there is a very high probability of a major impact to operations as a result of today's activities and your vigorous attempt to defend your rights will have an impact on your bottom line. Latestly, The accusation is damaging enough. Trade wisely.