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

To: Techplayer who wrote (7818)	10/7/1999 5:24:00 PM
From: THOMAS GOODRICH	Read Replies (2) \| Respond to of 8858

I wouldn't be so quick to jump to the conclusion SNMM was rejected by NASDAQ. I heard about two weeks ago SNMM either had withdrawn or intended to nullify their NM application for a quarter or two after which they will be much more attractive and in a stronger financial position. SNMM probably won't be a good momentum play again until early next year, so for those accumulate and hold types, this could be great news. The additional exposure and marginability of a NASDAQ listing would have bolstered the stock, however, delaying this prospect for several months shouldn't be a concern for long term holders of SNMM.