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


To: Gator who wrote (463)7/19/1998 4:01:00 PM
From: Mephistopheles  Respond to of 8858
 
I'm getting some sgms again too...



To: Gator who wrote (463)7/19/1998 10:34:00 PM
From: rule_of_72  Read Replies (4) | Respond to of 8858
 
SGMS has almost 20 mil shares outstanding.

not sure what they are fully dilluted. At 0.14 share market cap is $2.8 million canadian. With only 150-200 online casinos, in a market that many think will reach 10-25 billion US over next few years, they should be able to make their market cap in net earnings during the first year of operations.

They don't own the gaming software(licensed from Cryp), but are developing bingo software of their own. Above and beyond, I think they do other multimedia production.

From what I have heard, (and I don't know how reliable this is because their IR stinks) numbers will be coming out at the end of August.

I'm a buyer when it hits 10 cents.

-Rulz