STARNET - Bear Stearns Lists Starnet as Company to Watch in Profile of Top I-Gaming Companies - 500 Beiträge pro Seite

[investor_007]

Bear Stearns Lists Starnet as Company to Watch in Profile of Top
<SNMM.OB>


Bear Stearns Lists Starnet as
Company to Watch in Profile of Top I-Gaming Companies

ST. JOHNS, Antigua--(BUSINESS WIRE)--Feb. 1, 2000--
Investment Bank Report Highlights Online Gaming
As Next Hot Investment Market
Starnet Communications International Inc. (NASD OTC-BB: "SNMM")
("Starnet"), an online provider of interactive media and information
systems and the recognized leader in Internet gaming, has been named
by Bear Stearns & Co. Inc. in its January 2000 report on the gaming
industry as a "Company to Watch". Wall Street has been quick to
recognize the sweeping impact of the Internet upon businesses and
markets around the world, resulting in exciting new opportunities for
investors. The Bear Stearns study on the gaming industry shows that
investment professionals are now beginning to recognize the huge
investment potential of yet another industry stimulated by the
Internet: online gaming.
Meldon Ellis, president and chief executive officer of Starnet
said, "We are excited that the financial community is beginning to
appreciate the investment opportunities in our market and our
leadership in I-gaming. The potential of this market is phenomenal;
its development inexorable. Gaming is a global industry built on
enduring, pervasive and deeply ingrained cultural practices. The
Internet is transforming this industry in the same manner as it has
countless others, providing tremendous new opportunities to deliver
gaming content and services."
Development of the I-gaming industry has been explosive to date,
but is only just beginning. Wall Street now recognizes this. Winners
in this new high-growth global industry will be companies like Starnet
with proven e-business models that move quickly to capture market
share. As the pre-eminent pioneer of I-gaming, Starnet has rapidly
built a leading market position through execution of an award-winning
business plan and delivery of quality products and services.
Results to date of the company and the potential of this new
industry are startling. Starnet is one of the few publicly traded
Internet companies that is actually profitable: earnings last year
reached $2 million, increasing 173% in Starnet`s last quarter on a
yearly basis. And the company is growing at an incredible pace:
revenues increased 377% last quarter over the same period last year.
Analysts estimate that the online gaming market will generate $3
billion in two years, and Starnet is clearly positioned to be the
leading player.
As the leader in online gaming, Starnet will continue to benefit
from the incredible growth this industry is experiencing. But the
company is not content to simply rise with the tide. Starnet is
committed to maintaining its leadership and is taking steps to ensure
it. With a base of 53 licensees (the largest in the online gaming
market) providing a steady stream of income, Starnet is moving
aggressively to consolidate its leadership in complementary markets.
Additional pari-mutuel and online lotto services will be launched this
year to fuel the company`s growth.
Ellis added, "We are also planning strategic acquisitions and
alliances that will provide Starnet with the scope and scale needed to
dominate I-gaming. Together with our investment bankers Ladenburg
Thalmann, we are currently reviewing financing options that will give
us the financial strength and flexibility needed to expand our
operations and secure continued growth.
"People talk about an Internet Revolution," Ellis noted. "The
Internet Revolution is over; we now have an Internet culture, and
gaming, one of the oldest cultural practices all over the world, is
quickly becoming part of it. Coverage of the I-gaming sector by Wall
Street and efforts by land based casinos to enter the market will all
create opportunities for Starnet going forward. With an established
brand, a strong financial position and a strategic growth plan in
place, we look forward to leading industry growth in 2000."
About Starnet
Starnet is a fully reporting US (Delaware) corporation, which
currently trades on the National Association of Security Dealers
("NASD") Over-The-Counter Bulletin Board. The company began trading in
September of 1997 under the symbol "SNMM".
Starnet is a leading developer and producer of Internet
technologies for gaming applications. For more information, please
visit www.snmm.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained herein which are not
historical fact are forward-looking statements that are subject to
risks and uncertainties that could cause actual results to differ
materially from those expressed in the forward-looking statements,
including, but not limited to, certain delays in testing and
evaluation of products and other risks detailed from time to time in
Starnet`s filings with the Securities & Exchange Commission.
--30--fap/ny*
CONTACT: Starnet Communications International Inc.
Investor Relations
Carey Nelson, 604/608-1818
Rob Grace, 604/608-8733
North American Toll - 1-888/883-0833
Outside N. America - 800-883-88338
irsnmm.com
or
Ogilvy Public Relations Worldwide
Brad Miller, 212/880-5345

Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com


(c) 1998 Business Wire

[Captain Nuß]

Geduld wird immer belohnt.

Grüße und nen Klaps auf die Schulter für alle Starnetter.

[flipflop]

Hi,

ich war noch nie in Starnet investiert, habe aber vor einem halben Jahr (ca.) die "Skandale" usw. mitbekommen. Sind da noch irgendwelche Verfahren und Anklagen offen, oder haben sie das alles mit dem Verkauf der "Pornosparte" abstreifen können.

Über Informationen wäre ich sehr dankbar.

Gruß
ff

[Captain Nuß]

Die Untersuchungen daueren noch an, aber je mehr Zeit verstreicht
desto unwahrscheinlicher wird eine existenzgefährdende Anklage.

[investor_007]

Hallo flipflop,

click mal auf meinen Usernamen.
In der Liste der Threads findest Du
einen weiteren Starnet Thread.
In diesem kommt der CEO von Starnet zu Wort,
er äußert sich auch bzgl. der Anklagen.

mfg
investor_007

[investor_007]

Starnet notiert aktuell mit +24.75% bei $4.093US

Ein gelungener Start in den neuen Tag wie ich meine.

investor_007

[investor_007]

+38.09%
$4.531US

[investor_007]

+48.58%
$4.875 US

Für besonders bemerkenswert halte ich das hohe Volumen,
bisher wurden 757,200 Aktien gehandelt.

investor_007

[investor_007]

+52.39 %
$5.0 US
830,100


Wie Ihr sicherlich schon vermutet,
bin ich auch in diesem Wert investiert.

investor_007

[Captain Nuß]

Also ich will ja nicht zu früh auf Euphorie machen, aber mit dem
Fürsprecher könnte heute der Turnaround eingeleitet worden sein.

[investor_007]

+61.9 %
$5.312 US
1,072,300

[investor_007]

+63.84 %
$5.375 US
1,103,300

Ab 5$ rückt das NASDAQ Listing wieder näher,
dieser Thread ist daher in diesem Forum sehr
gut aufgehoben.

investor_007

[hala]

hallo investor

mach weiter so und halte uns auf realtime
habe auch ein paar snmm

gruß hala

[Quetzalcoatl]

5$
1.680.400 Aktien gehandelt
19 Blocktrades, Block volume 206.500


gruss, quetz

[investor_007]

February 02, 2000 14:04

Starnet Supports Conclusions Drawn in Bear Stearns Report; Denies Misleading
Investors

ST. JOHNS, Antigua--(BUSINESS WIRE)--February 2, 2000--Starnet Communications International Inc. (NASD OTC-BB: "SNMM")
("Starnet"), an online provider of interactive media and information systems and a recognized leader in Internet gaming, denied today
that its press release dated February 1, 2000 insinuated a buy rating or endorsement from Bear Stearns & Co. Inc., or that it
misinterpreted Bear Stearns` views on the online gaming industry. The February 1 release by Starnet simply noted its designation in
the Bear Stearns report as a "Company to Watch" and agreed with the conclusions drawn in the report. Starnet finds the research clear
and accurate in its description of the market and key competitors. The company invites investors to review the report available on
Starnet`s Web site.

About Starnet

Starnet is a fully reporting US (Delaware) corporation, which currently trades on the National Association of Security Dealers ("NASD")
Over-The-Counter Bulletin Board. The company began trading in September of 1997 under the symbol "SNMM".

Starnet is a leading developer and producer of Internet technologies for gaming applications. For more information, please visit
www.snmm.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not
historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ
materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and
evaluation of products and other risks detailed from time to time in Starnet`s filings with the Securities & Exchange Commission.

CONTACT: Starnet Communications International Inc.
Investor Relations
Carey Nelson, Investor Relations Manager
Ph: [phone]
Rob Grace, Investor Relations Manager
Ph: [phone]
North American Toll - 1-888-883-0833
Outside N. America - 800-883-88338
Email - [e-mail]
Or
Ogilvy Public Relations Worldwide
Brad Miller
Ph: [phone]

[investor_007]

+19.26%
$6 US
963,500 Shares

Meine ersten 100% mit Starnet, die
letzten 100% werden es wohl nicht
sein!


mfg
investor_007

[investor_007]

http://www.hampsterdance.com/

freut euch !!!

mfg
investor_007