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Yeah, I think they do. I don't remember the names, but I've seen articles on slashdot about guys who have gotten rich spamming.
The deal is that there is almost no cost involved to the sender. Once the spam engine is cranking out, you can send out millions almost as cheap as sending one. All it takes is for a small fraction of the recipients to take the bait.
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"Against stupidity the gods themselves contend in vain."
-- Friedrich Schiller
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