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Gold/Mining/Energy : WV-VSE WAVVE.COM

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To: Bobby Yellin who wrote (31)	11/24/1999 10:57:00 AM
From: New Economy	Read Replies (1) of 169

Bobby. First of all Wavve's market target is not the big customers. Secondly the competition is minimal given the fact that CompuServe is not going after such customers Wavve is targetting. As per your analysis of market cap: Consideration must be made for valuation of companies in this sector. They are not selling widgets. They are selling services in which the mark up is large and incremental revenues attained from recurring service contracts is large. IT IS NOT A ONE TIME SALE. Look at UUNET! Therefore, the potential is very big which is why I see a lot of Merril Lynch 20K blocks being bought. Looks like the some Yankees use Merril to do their Canadian buying.

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