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Technology Stocks : WAVX Anyone?

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To: genejockey who wrote (7788)7/5/1999 10:09:00 PM
From: SlateColt  Read Replies (1) of 11417
 
Back to the war

104 unread messages. What is this RB?

"...Unfortunately for WAVX longs, what Joe Shmoe consumer and merchant can readily comprehend is a 2.5% Visa premium versus a 35% or 50% WAVX premium.-- ..."

Joe Shmoe has no idea that Visa gets 2.5%! If Doom is sells for $50 on the retail shelves and $50 thru Wave, how is the consumer getting "ripped off?" This comparison to Visa is getting tiresome. I'll tell you something else (that you won't listen to), Joe Schmoe is tired of giving his Visa number away because sites that have recurring monthly billing end up biting Joe Schmoe right in his Dirk Dingle. With Embassy, Joe can be assured that no one will just "bill" his account every month unless he "does" something to stop it.

I've got lots of posts to read still, can't wait for the rest.

---Slate
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