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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (2493)4/6/1998 1:48:00 PM
From: Geoff   of 10852
 
"but they (Verifone) also have the best solution for internet commerce"

Valuer, I would be most interested in what that best solution for internet commerce is. I am heavily involved in ecommerce, and see Verifone's solution as a good 3-5 years away -- smart cards are not big in the US (and there are no computers yet that someone can simply pop their Smart card into). They are big in Europe, but again, no computers to tap them... Partnering with HP (and Verifone) is good long term positive for C*, but there are other solutions coming as well, and credit cards and debit/atm cards are firmly entrenched in America. Verifone's dream is going to take a while to realize... don't get me wrong, I like their ideas, but things change overnight in this biz...

geoff
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