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<B>GAMBLING GOES GLOBAL</B><BR>A private consortium based in the Latin American country of Belize -- known for its rain forests, scuba diving and easy living -- is setting up an Internet-based gambling system to help you gamble on horses, sports, politics, craps, lotteries and the O.J. trial.<BR> <CENTER></CENTER> Subscribers will buy electronic chips and use a company-supplied smart card and card reader to place bets via the system, called WagerNet, said Kerry Rogers, a partner in the consortium and also owner of On Ramp Computer Internet Services Corp., based in Las Vegas. A major bank will store and distribute the funds, while WagerNet will take a cut of only 2.5 percent on each bet, he said. <BR>

Subscribers will buy electronic chips and use a company-supplied smart card and card reader to place bets via the system, called WagerNet, said Kerry Rogers, a partner in the consortium and also owner of On Ramp Computer Internet Services Corp., based in Las Vegas. A major bank will store and distribute the funds, while WagerNet will take a cut of only 2.5 percent on each bet, he said.

B>GAMBLING GOES GLOBAL
A private consortium based in the Latin American country of Belize -- known for its rain forests, scuba diving and easy living -- is setting up an Internet-based gambling system to help you gamble on horses, sports, politics, craps, lotteries and the O.J. trial.


HOGS ON THE NET
Harley-Davidson's new Web page allows wanna-be bikers to see the chrome and hear the roar of Harley's motor bikes from the safety of their desks.
"We wanted to convey the excitement of being part of the Harley family to those out on the information highway," said Ed Dombrowksi, sales manager for Harley-Davidson of Stamford Inc., based in Stamford, Conn. Your route to hog heaven is http://www.hd-stamford.com/

SATAN'S DOUBLE-EDGED SWORD
Is it irony or justice? Security mavens and would-be hackers who use the new SATAN hacking software to break into other computers also create a security flaw in their own computer. The SATAN flaw exposes the computer running SATAN to be penetrated by another hacker. The next version of SATAN is expected to patch the problem.

THOSE MILLENNIAL COMPUTER BLUES
Cybercounseling for those concerned their computers will suffer a temporal breakdown as they enter the year 2000 can be found on the Net, courtesy of The Tenagra Corp. based in Houston, Texas. The Year 2000 Information Center provides free information from vendors, and can be viewed at http://arganet.tenagra.com/year2000/. Can anybody enlighten Hypertext on where the Tenagra Corp. got its name? We suspect it was from the "Star Trek: The Next Generation" episode titled "Darmok." E-mail nmunro@technews.com if you have definitive proof.

ELECTRONICS GAIN 13 PERCENT
U.S. factories churned out $85 billion worth of electronics gear in the first quarter of 1995, up 13 percent from $75 billion in the first quarter of 1994, according to estimates prepared by the Electronic Industries Association, based in Washington, D.C.
The fastest growth was seen in the telecommunications sector, which grew 24 percent to $13.5 billion. The weakest sector was defense communications, which grew at only 2.1 percent to $7.1 billion.

Time To Audit the IRS
The Internal Revenue Service announced that it will streamline operations, but has no idea what the cost savings will be. Three of the IRS' seven regional headquarters and 30 of its 63 district offices will be closed, as well as numerous other centers. The IRS does not plan to lay off any of the approximately 600 workers who will be affected by the closings. They may take other positions or transfer to other areas, but the agency expects most employees to stay in their current region.

Help for Oklahoma
Technology and an outpouring of support from businesses are helping government offices affected by the Oklahoma City bombing get up and running quicker than anticipated. According to the General Services Administration, local and national businesses contributed everything from green plants to computers for two telecommuting centers set up for displaced workers. Based on experience with telecommuting centers set up after the Los Angeles earthquake, GSA expects that the centers will increase in number as time passes.

QUOTE
UNQUOTE
"One of the nice things about being in the minority is that you can be irresponsible and get away with it."
-- Leonard Weiss, minority staff director to the Senate Committee on Governmental Affairs.

Internet Revenue forecasts
199519961997199819992000
Hardware$50$127$344$761$1,369$2,244
Services$30$101$225$422$1,038$1,581
Access$123$290$481$1,280$2,716$4,209
Software$143$323$766$1,284$1,955$2,823

Total$346$840$1,816$3,747$7,078$10,857

Source: Forrester Research Inc.

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