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I have used a laptop as a teleprompter with decent results – The best way I have found to do this is hook up a large external screen (at least 19″), move farther away from the subject and zoom in to frame, place the camera just over the top of the external monitor. Just remember to mic your talent appropriately (although a quiet room with a decent shotgun mic should be OK).
The software I have used is called Prompt and they have a free version for smaller scripts (the full version is only about $40 so not too bad). What I have found, however, is that it is best to have a person to control (adjust on the fly) the speed of the scrolling (which typically I have done myself).