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  September 5, 2001
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Home > Company Index > Media > Internet & Online Content Providers > Silverstar Holdings, Ltd.

Silverstar Holdings, Ltd.
Nasdaq: SSTR
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 PROFILE
Silverstar Holdings (formerly Leisureplanet Holdings) has shifted from its global approach to be sports-minded. It was originally formed in 1995 to acquire profitable middle-market businesses in South Africa; it has since sold those holdings. After its Leisureplanet.com operations (Internet travel services) went under, the company changed its name to Silverstar Holdings in late 2000. The change was mainly to reflect its purchase of Fantasy Sports Enterprises, a provider of NASCAR and college football fantasy sports games (subscription required). Silverstar Holdings also owns a 33% stake in Magnolia Broadband, a wireless applications developer. Chairman Michael Levy owns about 29% of the company's voting shares.

 COMPETITION
Walt Disney Internet Group (dossier)
SportsLine.com, Inc. (SPLN)
Yahoo! Inc. (YHOO)

 DEALS
Deal: Leisureplanet Acquires GoRacing Division
Date Announced: 11.17.00
Value of transaction (US $Mil): 3.5
Description: Internet holding company buys collection of fantasy sports Web sites for $3.5 million.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: (99.9)%
Employees: 2,305
Revenue per employee: $43.38

 KEY PEOPLE
• Clive Kabatznik
    CEO
• Clive Kabatznik
    CFO

 CONTACT INFO
Clarendon House, Church St.
Hamilton HM CX, Bermuda
Phone: 1-441-295-1422
Fax: 1-441-292-4720
Online: Web Site

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