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Technology Stocks : WAVX Anyone?
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To: Pure Folder who wrote (1545)4/2/1998 5:59:00 AM
From: M. Frank Greiffenstein  Read Replies (4) of 11417
 
The negative part of the story...

Your analysis of the promise of Wave Meters is right on. But your analysis also contains a big potential problem: Privacy concerns.
Americans do NOT like the thought of their activity being monitored. The fact that Wave meters allow one to closely monitor the behavior of a specific person, right down to his/her keystrokes, is a slightly chilling thought. One reason I have doubts about the success of the NetBox (ala Ellison and Oracle) is that Americans do not want their files and prgrams stored on a remote server. PCs may have their problems, but at least I know exactly where my files are, and the best hacker in the world cannot get into my computer if it is shut off. They cannot download files without my knowing it. But I will grant that a Wave meter on my PC is not as bad as my files on a remote server.

The more I think about this, the more I feel that business-to-business information monitoring and copyright protection are the two areas where Wave will shine. Americans are impulse buyers, they like to own the WHOLE thing or nothing. They may buy alot of stuff on time, but they like to own the whole thing at once. I may buy a car on time, but I don't buy it a piston at a time. And lets face it: Rent-to-own is associated with economically marginal neighborhoods. In essence, I doubt Wave will have much success in the CONSUMER e-market.

DocStone
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