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Technology Stocks : Internet Guru Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Annette who wrote (141)2/15/1999 7:04:00 PM
From: jhnewman  Read Replies (1) | Respond to of 4337
 
Steve, Internet "gaming sector" and SNMM...

Thanks for your great coverage of the Internet and thanks for starting this thread. You're probably a bit stunned by the response.

Do you remember the huge bubble in gambling stocks about ten years ago? Well, what do you think is going to happen when gambling meets the Internet? (Think Mothra clashing with Godzilla.)

Have you started looking into the Internet gaming sector yet? What do you think? Financial Times of London estimates this market will reach $10.2 billion in the next few years. Microsoft and Harrah's are just getting into it down in Australia. But the leading company is Starnet Communications International (SNMM) based in Vancouver.

SNMM has the best software, and has not only its own Web casino but, more importantly, is signing up lots of licensees.

The stock is at $4 on the BB right now, but should have a significant run up in the next month or so, as its great numbers come out from the last quarter. Also should be on the NASDAQ in the next 6 weeks or so.

If you're looking for a sector or company to watch that will heat up the Internet, you could do a lot worse than this sector and this company.

Keep up the great analysis! I recommend you to lots of people.