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


To: StockDung who wrote (2339)3/15/1999 12:29:00 AM
From: Roofman  Read Replies (1) | Respond to of 8858
 
More SNMM FACTS. Posted on RB:

By: yorktown
Reply To #9505 by Trifecta
Sunday, 14 Mar 1999 at 10:34 PM EST
Post # of 9658

IGBE Show - Talked with Dholen!!!

I was at the show on Friday in Vegas. The show was for the most part tiny. Starnet has 2-4 other competitors that liscence
technology. The biggest competitor was BOSSMEDIA, that charges a whopping $500K up front to start up an on-line casino.
Because of this, Starnet rakes in more liscencees over a shorter period of time, requesting 50K up front and a %age of the take. The
other competitors are fairly new and small (GrandVirtual was one of them: a bunch of MIT kids from Boston). One had zero (0)
liscencees.

If you got money to start a biz, an online casino is the way to go. Starnet's liscencees put out $250-500K to start the site, with a
return on investment in 3 - 9 months (most within 6 months). One guy is raking in over $1 mil in revenues/month.

Dholen: I was very impressed. The guy is charismatic, very energetic and knowledgable about the biz. I was concerned with the
server being in Anitigua: If a big wind (hurricane) comes by July-Oct and knocks the roof off of the building, knocking out the power &
shuitting the server, then SNMM was in trouble, right? Wrong! They put a bakcup in St. Kitts and plan to have another in another
geographic region of the world. Also, the server in Antiugua is in a building built by a major cable & telecom co (forgot the name) and
was built to withstand hurricanes. They also have generators in the building.

Takeover: No CHANCE. Math of shares (below) prevent it and a poison pill clause is written in the company by-laws.

Shares: This was WRITTEN down to me by Dholen:
Owners : ~10 million (as a single block)
Options : 2.5 million to employee
Warrants : 2 million ($2 before 12/31/99 for employees)
Warrants : 2.5 million ($4 before 12/31/99 for employees)
Float : 13 million
-------------------------------------------------
Total shares: 30 million

As for what's going on: Another major sports figure is going to be announced as a liscencee. Sexsites will be sold soon. Starnet is
way ahead of their sales forecasts on liscencees.

ANOTHER MAJOR POINT: UBET is screwed!!!! I was told one of Starnets liscencee's registered www.ubet.com as his URL (which
is now a casino STARNET gets revenue on and not UBET)!!!! In order for U-BETs gamblers to bet, they have to type
www.you-bet.com - (based on this...UBETs STOCK should CRASH soon)

Languages: Starnet offers the casino in 7 different languages. 2 more are coming (including HEBREW).

NYC Visit: If you're not an analyst or major stock firm, forget about going. The room is overbooked and Dholen wants these guys ears
only. Basically, the goal is to tell the Starnet "Story" about how it started, where it is and where its going. The company is not looking
for cash. Once he's got their attention, he expects the stock "to have a zero at the end of the number."

After seeing them, talking with their competitors, and getting a feel for the whole business, I'm more than convinced this stock is
WAY undervalued. Net gambling may be banned in the US soon, but it is here to stay in the world.



To: StockDung who wrote (2339)3/15/1999 8:16:00 AM
From: Gator  Read Replies (2) | Respond to of 8858
 
Floydie, Thanks for the link...Now,Baryzl post at RB: The SHORTS over at SI

"I spent an hour or so going threw. There are three main players.

flodyie, Bear Down, Anthony@Pacific All are known shorts and
they say so and I have no problem with that. In fact I plan to follow
Bear and Anthony for Education reasons as they are good at what
they do.

I found one post where Bear Down tells Anthony that he shorted
SNMM, the post was 9 Mar 11:09 and SNMM would have been a
max price of $7 1/8, that was the day we had a strong close to $7
1/2. Don't get me wrong I do not think that a good move. What I
mean is there are stocks out there that should be shorted and that is
there game.

Both Bear Down and Anthony are what I call prof short players
and are RUTHLESS. They are in the same game as the hypsters but
on the opposite end. I.E. the hypsters dig and find the good and can
tend to blow it up, they will never point out problems or weakness.
The shorts do the opposite buy finding or tring to find negative and
blowing it up and ones with morals will just stretch the negative
but not lie or make things up. HOWEVER it is clear these three are
intellegent and DO co-ord there efforts.

Look at the THREAD started by flodyie so it comes up whenever
somebody puts in SNMM. This person starts a thread complaining
about the fact that a post at SI has the link to SNMM adult site and
then uses adult words and provides the link to SNMM Canada's
adult site. So now I see SI did remove the links from the thread
started and achieved her so called goal that she boosts about. By
the way what about the search engines. I guess she will also need
to go after Yahoo, Excite, Lycos and all the rest.

HOWEVER now her post would need to be edited to undo the
damage she just did by her actions. All this with her motive of
protecting kids. Do you think she cares, NO, she only cares about
displaying the so called NEGATIVE about a company SNMM
owns.

Well she is so full of it and totally dishonest. She is a short and
planned the whole thing. That will keep coming up as people
respond to it. It will be interesting if she picks up on that or
complains
to SI to edit her post. She says she is not short, someone said she
said she was. Does not matter, I suggest she will short when
SNMM goes higher then her posts works for her and the three of
them and any other short just keep bring it up.

Then look at the thread. In a flash Bear Down and Anthony jump
in, I mean within minutes. All three are short players and that is
fine with me. What is evil is there methods ( so are hypster
methods self serving and evil ). They are not happy with just
shorting they want to increase their gains threw actionsa like that.

That post was done for one purpose. So the POST will come up
when people go to look into SNMM. I suggest that to combat this
there is only one thing to do.

1. Do not ever respond to the string she started. Suggest the same
to other posters at SI. Ref this post if you want. Then only the
shorters will be responding and there circle jerk will be clear to
the longs.

2. Start a couple threads and interact with each other as they do.
That way you will have some positve headers come up. After all
we are talking about a company with at least 90% positive so lets
have 90% of the headers positve. ( I looked up Bear always
sending posts to Anthony. He sends those SO people can SEE and
he can referance to)

I declare only one of the shorters as a self serving dishonest and
misleading unethicial person. That is flodyie with her post doing
exactly what she condeemed. Talk about two faced.

All I can say is this. It is fine to spread news. It is fine post
negative or positve about a stock. What I do not agree with is the
dishonesty used to increase your gains at the expense of others.
Yes we all make our own decissions and we are responsiable for
them. I am talking about purposefull deception.

I do not know if I will actually sign up at SI to post. I find I already
spend to much time here. I enjoy the interaction here and do not
want to put in more time over there.I see some of you over
their, like roofman. Suggest you start some threads and interact.

Things like

- SNMM longs don't allow the SHORTS to eat your lunch

Then talk about some of the things I just mentioned. Talk about
some of the FACTS issued by SNMM

Other suggestions

- SNMM the Microsoft of Internet Gaming software
Start talking about the software, the quotes from forbs, ask others
for feedback, any other better software out there. Get it going

- SNMM or CRY.TO which will lead the way Two great
companies to compare, the only real players putting software out
there.

- SNMM - Who will be the next Celb to endorse We have two
now. Start a string. Bet with the champ.

- SNMM Gaming Internet stock MAKING money Start comparing
it to other Internet companies.

I am going to watch SI over the next week. I will be looking for the
new headers. I will set up an account and join in if people show
interest. I do not have the time to lead this one. Any leaders
out there? What have you done for your stock lately? By the way if
I do start over at SI it will not be as baryz

Good luck and lets defuse these nasty ruthless short games.
ALWAYS ALWAYS remain level headed. Your anger will feed
rigth into there hand. Go look at their posts, study their psych
game. Do not get yourself psyched out."

>>
Later...Gator