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


To: interesting man who wrote (1920)2/19/1999 12:53:00 PM
From: bodie  Read Replies (2) | Respond to of 8858
 
I agree that targeting the non-U.S sector is the way to go, if it is banned. But until their revenue is at least 95% non U.S., isn't their a serious downside risk? If they were currently getting the majority of their revenue from non U.S. sources, and growing at the rate, that they seem to be growing at, it would be a no brainer, buy all you can at these prices. Since most on-line gambling, at this point in time is from U.S., how long do you think it would take to get same revenue, and growth from non U.S.? Not saying it couldn't be done eventually, and SNMM could probably do it, but how long I wonder?

bodie