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Non-Tech : eLottery.com (ELOT) / (NASDAQ NM:XTON) -- Ignore unavailable to you. Want to Upgrade?

To: Herc who wrote (1164)	7/9/2000 3:59:31 PM
From: Arthur Tang	Respond to of 1266

It is interesting that elottery.com people always get attracted by gambling business involving legislation. First, the Indian reservation deal. Now the ticket sales of state lotteries(which is not subjected to federal laws, any 7-11 and supermarket can sell them at will) on internet. And this is not even a sweetheart franchise type of deal that Federal legislation can help. Although no doubt the federal government can stop the action if they pass a bill, which can be revised later. Did you do enough contributions yet during this election year? However, the real internet business is advertizing. Free gambling can still bring a revenue. If internet business of selling something can make money in the future years to come; then selling tickets would be a must, then. I see elottery.com taking a portal approach, and raise revenue from advertizing just like Yahoo and others. 36 million hits per day needs a great deal of broadband backbones and server expenses. Is it worth the trouble? Yahoo yearly profits and subsequent stock value says yes.