Anthony @ Equity Investigations, Dear Anthony, Message Board

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

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To: genejockey who wrote (40041)	7/5/1999 2:42:00 AM
From: jhnewman	Read Replies (1) of 122087

Howard: You imply that WAVX once... set it's cut at 40% and is now "adjusting" it to 25%. WAVX's cut has always been set at 25%. There's no "adjusting." 25% is not 1000% greater than 3-4%, as you suggest in your post. And, after reading some of the posts made by WAVX posters, I think you'd realize that comparing WAVX to VISA is not an accurate comparison. Also, WAVX's mission is not to run VISA into the ground or compete with them head to head. VISA and WAVX will eventually be working together. And WAVX has a lot more going for it than micropayments. And the boxmakers don't have all the leverage. The margins of the boxmakers are shrinking day by day...and there's a whole "free PC" movement that is gathering steam. The boxmakers are desperate for another revenue stream...and that's why they're so interested in working with WAVX. As for the boxmakers, IBM, Hewlett-Packard, Compaq and NEC are all working with WAVX right now. It's great that you compliment the WAVXers for being so civil in this discussion. Most of us have been. I would hope you could be a bit more civil and factual in return. Good luck to you, Newman.

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