Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Lou Farrell who wrote (2727)	8/1/1999 10:52:00 PM
From: Jorjenzak	Read Replies (1) \| Respond to of 5041

I differ to you...I don't really know the WINR story other than it had a great run early Jan. or before as I recall. Had not heard anything in awhile. My memory must be failing me on that one. Thanks for the clarification.

To: Lou Farrell who wrote (2727)	8/2/1999 5:32:00 PM
From: Jorjenzak	Read Replies (1) \| Respond to of 5041

OK...don't rip my head off please. Here was my past post on WINR and ECNC (BETT at that time) from some time back to the ECNC/BETT thread. If I am wrong about any of this...please set me straight. This was just my understanding at that time....I don't claim to be perfect. :) (hope you don't get bombarded again FM) I have no position in WINR or on WINR. FYI ************************* To: jackson (2139 ) From: Jorjenzak Tuesday, May 18 1999 12:02PM ET Reply # of 2907 Jackson: I am not intimately familiar with WINR but my understanding is that it provides an off-shore bank account for users to utilize in gambling on-line. The acct transactions are still done via the 'net using current encryption. BETT allows users to use their own bank account or a cash card (like a pre-paid phone card) to make same as cash transactions in the same manner as merchants charge credit cards or debit cards using a scanning device which transmits via direct telephone link. This is a more secure method than encrypted internet transactions as no one else can see the transaction to decode it (unless they hack into the bank). This is a form of instant transaction that people are familiar with and comfortable with, unlike true e-commerce. For these reasons I do not believe they are direct competitors, however they may be indirect competitors for gambling transactions in general. BETT has no true same as cash transaction competitor that I am aware of at this time. It depends on how broadly you define the market. There are more differences I am sure, but this covers what I perceive to be the basic fundamental differences. If anyone has a better understanding or needs to correct me, please jump in. GO BETT!!