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


To: Gator who wrote (2111)3/10/1999 9:18:00 PM
From: THOMAS GOODRICH  Read Replies (2) | Respond to of 8858
 
Gator,

SNMM is now considered a "fast market stock" by Charles Schwab and a few other brokers. From what I was able to determine, lots of trailing limit stops were used, and a whole lot were stopped out! Also some market sell orders triggered at between $8 and $9 were executed at $7 and below which of course is not surprising with Market Makers and Day Traders in the equation. ASND had a similar situation a year ago then without warning a breakout to the upside occurred, and the rest is history.

I would expect to see Starnet trade at $15+ much sooner than the end of the year. Within 3 months might be a better time frame.

Someone asked about GGNC. The short answer is virtually all of the Internet gaming companies should prosper going forward a year or two. Virtually all including Starnet are strong buys! Softec will likely evolve into a strong e-commerce position and partnering of all sorts is in the discussion phase. Read some of the Press Releases under NWDP as most of this pertains to Starnet's future as well.

TG