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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: p friend who wrote (28160)9/17/1999 11:59:00 AM
From: PJ Strifas   of 42771
 
I'm sure you'll get a few differing opinions on just what any technology can offer and that has to go back to the information you exchange and with whom.

Once you exchange information with someone, they have it - you have to trust them NOT to sell it, share it or whatever. Of course as a consumer, you will have the ability to choose who you will do business with and use their stated privacy policy as a factor in your choice. I see this as a selling point in the near future for some if not all online retailers.

What digitalme offers the consumer (and others) is the ability for you to manage your personal information via an identity vault and software you install on your PC. You can create relationships between you and other entities (people, websites, companies, etc) where a level of trust is a given once authenticated via a digitalme identity vault.

There is the possibility of for instance a website to authenticate you into their secure online shopping area, then when you are finished shopping, the website will then contact the vault with the information necessary for the transaction to proceed. The credit card company you use will (should) have a digitalme-enabled payment system that will then verify your shopping choice with the vendor and then authorize the purchase without you having to share/exchange your info with the vendor.

The information then needed to ship the product(s) is handed to the shipping company via the indentity vault (UPS would then need digitalme-enabled delivery system of course) and your package arrives a few days later.

This is just one version of what can happen with digitalme technology employed by the various companies involved in the process of buying/selling via the internet. This can also be used beyond the internet with all transactions. Let your imagination be your guide :)

Peter J Strifas

ps - this example takes alot of license in that all vendors and/or retailers will jump onto the digitalme bandwagon. But my aim is just to show a possible scenario.
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