>[EMAIL PROTECTED] /]# telnet 127.0.0.1 25
>Trying 127.0.0.1...
>Connected to 127.0.0.1.
>Escape character is '^]'.

><< delay 10 seconds>>

You may have to set your /etc/resolv.conf and /etc/hosts properly.
Also, check your network settings for any misconfigurations.
I doubt its a problem with qmail settings.

Dheeraj.

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