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To: Kent C. who wrote (176)4/8/1998 2:12:00 PM
From: Drake  Respond to of 8858
 
ABC Nightline...interesting!

Well, Ted Koppels tried to throw cold water on the industry, but I think there's no doubt cybergambling's going to be huge in one way or another.

Starnet's CEO Mark Dolen spoke quite well...is it me, or does he look like Stephen Segal...? :0)

Nightline called SNMM a "pioneer" in the industry, and said that their operation was one of the (few) credible ones.

For me, the toast of the evening was Koppel's interview with Lefty Rosenthal(?). If anyone watched the Deniro/Sharon Stone movie CASINO, Deniro was actually playing Lefty! Lefty had a fantastic retort to each of Koppel's questions. Starnet oughta hire Lefty as their "company celebrity"...hehehe

In all, a not-too-negative slant on the industry, and good PR for Starnet.



To: Kent C. who wrote (176)4/9/1998 11:00:00 AM
From: Garnet2  Respond to of 8858
 
Kent I heard a rumor they had done over $3 million in wagering just for March alone and that it was up something like 250% from the previous month. I believe it to be true because it falls in line with the growth that other operators like CRYP have experienced.

I see there was an appointment yesterday.

STARNET'S DIRECTORS ELECT CHAIRMAN OF
THE BOARD

Wilmington, DE, April 8, 1998 - Starnet
Communications International Inc. (NASD OTC-BB:
SNMM) ("Starnet") is pleased to announce that its
Board of Directors has elected Mr. John (Jack) Carley
as Chairman of the Board.

Mr. Carley, who currently serves Starnet in the
capacities of Chief Financial Officer and Director,
provides a wealth of knowledge as an operational
executive. Mr. Carley has over 25 years of experience in
line and staff capacities in both the private and public
sectors, specializing in finance and administration.

Mr. Carley was most recently Vice-President of Trust
Operations for the Hong Kong Bank Trust Company (a
subsidiary of the Hong Kong Bank of Canada). Mr.
Carley has held a variety of executive positions,
including Senior Vice-President of Branch Operations
for the First City Trust Company, and Vice-President of
Finance, Western Canada Region, for the Royal Trust
Company. Mr. Carley also acted as Executive Director
of Examinations and Investigations for the Financial
Institution Commission of British Columbia's Ministry of
Finance and Corporate Affairs.

Mr. Carley holds a Diploma in Business Administration,
is a Fellow in the Institute of Canadian Bankers (FICB),
and is a Certified General Accountant (GCA).

Mr. Carley succeeds Mitchell White, who has resigned
as Chairman and Director in order to pursue independent
opportunities.

PC Computing magazine has estimated that the Internet
gaming market could reach US $20 billion in annual
revenues by the turn of the century. Starnet intends to
penetrate this market with its proprietary system
worldgaming.net), and by licensing this
system to independent parties in exchange for revenue
participation (http://www.softecsystems.com).

Starnet (http://www.starnet.ca) is a fully reporting,
publicly held interactive entertainment company, which
identifies and commercializes Internet technologies for
established markets. Starnet's revenue-generating
websites receive over 6 million hits per day.



To: Kent C. who wrote (176)4/10/1998 1:50:00 PM
From: Gator  Read Replies (1) | Respond to of 8858
 
Kent, Any ideas with regard to the stagnant to falling price??? With all the good corporate news and, if rumored revenues are correct we should be seeing considerable accumulation and price on volume increases...

Happy Easter and Passover to All...Gator