"LISTSERV site administrators' forum" <[log in to unmask]>
wrote on 03/02/2004 04:09:20 PM:

> This email address MUST exist in any correct LISTSERV Installation.  If
you
> are running on Unix, VM, or VMS then you may have to create an
appropriate
> e-mail alias, per the installation instructions.  On Windows, this is
handled
> automatically, IF you let LISTSERV receive its own e-mail.  If you don;t
allow
> this, then you may need to create an alias routing for Windows as well.

I use Listserv 1.8e on windows, and I frequently get messages sent to me
that tried to go to owner-<listmname> and failed.  Listserv is the only
SMTP application installed on that server.