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Gold/Mining/Energy : Gold Price Monitor
GDXJ 126.27+3.5%4:00 PM EST
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To: Ron Schier who wrote (1291)9/4/2001 2:31:52 PM
From: long-gone  Read Replies (1) of 116852
 
in part
"So technology aside, what’s the problem? Turns out there isn’t much motivation yet for anyone — card issuers, merchants or consumers — to embrace chip cards simply as cash alternatives. “The telecommunications infrastructure that is already built for credit cards and debit cards is so reliable and inexpensive that it makes it difficult for smart cards to make a good economic case,” says Dave Lott, director of Collective Dynamics, an Atlanta consulting firm"

msnbc.com
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