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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY

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To: Popiye who wrote (506)11/21/1998 1:14:00 PM
From: jmhollen   of 2909
 
Soomebody at BETT needs to jump on this with BOTH FEET............

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Electronic stamps go on trial in the US

AOL has teamed up with E-Stamp to offer US customers a respite from post office queues. The deal, announced yesterday, will enable AOL customers to download digital stamps from a secure site and print them onto envelopes via a standard printer.
E-Stamp is currently on trial in limited areas of the US, but the United States Postal Service (USPS) is expected to give approval for a nationwide roll out early next year. AOL will launch its Postage Services Center as soon as approval is granted.

E-Stamp software keeps track of the financial side of the transaction. Every time customers download a stamp, their account is debited. The company was not available to comment on the security issues of the technology.

E-Stamp's investors include AT&T, Compaq and Microsoft. The USPS is currently evaluating a rival service from Pitney Bowes, which dominates the US market in offline postage meters.

The UK's Royal Mail said it is not planning to offer a similar scheme in the UK.
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