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: Gator who wrote (416)	7/10/1998 10:44:00 PM
From: MartinDane	Respond to of 8858

Jay D post #414, Casey stated, "The key to the stock price and company's future is rapidly growing revenues. By that I mean a minimum of 10% per month compounded. The signing up of additional software licences is the one critical factor to watch." Casey's emphasis appears to be on revenues and additional software licenses. Carley's recent shareholders letter, paragraph two, "I am confident that our forthcoming Annual Report will display a positive trend relating to Starnet's growth and profitability." Carley's recent shareholders letter, paragraph nine, "We expect to have 12 Softec systems under license by calendar year-end. Each new licensee creates an additional revenue stream which aids in the reduction of R&D costs as a percentage of Starnet's Internet gaming expenses." I interpret "positive trend" as growing revenues (and slightly more expenses, however, expenses were not emphasized by Casey). Starnet currently has six licenses and apparently six in the works. Therefore, the following target should be hit: Jay D post #414, Casey stated, "My target is $7-10 within six months" I think it's much simpler than that. Release two positive earnings reports and the investors will come out of the woodwork. It took Cryp two positive earnings reports before the big move up. To keep in line with Casey's time frame of six months, Q1 & Q2 could be the two positive earnings reports. I plan to buy more on the year end earnings report, which I predict will be released on July 20th.