Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: ekn who wrote (40053)	7/5/1999 2:19:00 AM
From: genejockey	Read Replies (1) of 122088

ekn, this post rocks and is officially in my library of great posts. Most of my posts were geared to how hopeless WAVX's business model was assuming = penetration to Visa et al. Even with 100% market penetration, WAVX is doomed. However, I totally agree with you that WAVX will not get market acceptance, and doubt if a 10% transaction cut on an unproven revenue source will be enough of an inducement to get a large box maker to be willing to put in a WAVX chip and assume liability. Even if 10% were enough of an inducement, that still dooms WAVX because that is an extra 10% that a company like Visa does not need to charge on a transaction.---gj

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