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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Moonray who wrote (13953)3/18/1998 5:33:00 PM
From: jhild  Read Replies (2) | Respond to of 22053
 
These guys have the right priority. I wonder if the NYSE has similar contingency plans?

Oregon hopes to restore state gaming within hours of major earthquake
2.27 p.m. ET (1928 GMT) March 18, 1998

By Brad Cain, Associated Press

SALEM, Ore. (AP) - After the Big One hits Oregon, have no fear, state employees will be working feverishly to restore video poker and other lottery games so people can be gambling again within hours of the quake.

Critics call the Oregon Lottery's disaster preparedness plan a case of hopelessly misplaced priorities.

"State officials ought to be working to make sure Oregonians' basic needs are met first,'' said Ellen Lowe of Ecumenical Ministries of Oregon, a longtime gambling opponent. "Getting video poker back on line ought to be the lowest priority.''

Lottery spokesman David Hooper said keeping the games going even after a disaster such as an earthquake or flood is important because the gambling generates $1 million a day in profits for the state.

"We're a sales organization,'' he said. "We make money for the state by selling our product. That's why it's important for the state that we are able to get back on our feet quickly.''

In fact, the state Lottery Commission on Wednesday awarded a $124,000 contract to Netplex, a McLean, Va., company, for its expert advice on how to respond in a crisis.

"I don't think anybody envisions that if an asteroid hits the Earth that we're going to have people playing video poker right away,'' Commissioner Don Scarborough said. "But we would look pretty dumb if the lottery was sitting here days or months after a disaster unable to operate.''

The Oregon Emergency Management office, the agency that would coordinate the state's disaster response, had no comment on the lottery's plans. "The lottery hasn't told us anything about it,'' said spokesman Mark Darienzo.

Hooper noted that the lottery is finishing work on a back-up computer center and has contingency plans that would allow it to have its statewide video poker system back up in two to six hours after a disaster.

Aside from keeping revenue flowing, the lottery also would want to make sure its games were available to players who enjoy the game, especially in areas not directly affected by the disaster.

"People might say, 'That's too bad about the earthquake. ... Now let's go out and play a little video poker tonight,''' Hooper said.

foxnews.com



To: Moonray who wrote (13953)3/18/1998 6:46:00 PM
From: David Lawrence  Read Replies (2) | Respond to of 22053
 
>>Don H. Davis, chairman and chief executive officer [ROK], said, ''We now expect lower second quarter earnings due to weaker than planned demand for our v.34 and 56 kilobit modem products as customers withheld orders during January and February awaiting release of our new interoperable v.90 modem chipsets.

Surprise, surprise, surprise. Geem I wonder what's the matter with the old "software upgradeable" chipset. Huh? Not robust enough, perhaps? Insufficient memory, maybe? Imagine that!