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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Moonglow who wrote (514)6/29/1998 8:50:00 PM
From: justaninvestor  Read Replies (1) of 3086
 
Hi Jaunita

Great summary on the conference call. I talked a little about the company Rob Kubbernus was comparing Jaws to in Post # 510 (Certicom - CIC on the Toronto Stock Exchange).

Some of us might be disappointed that they are extending the contest for another month. The main reason they are doing it is because they feel they will get better press coverage with an ongoing contest than the coverage they'd get if the contest was over. The contest has generated many sales leads for Jaws and the company wants to maintain that momentum. This code will not be broken. Remember what Rob said - 129 bit is twice as secure as 128 bit - 4096 bit is an unimaginable number.

The fact that they are going to be a reporting company very soon is great because some houses can not recommend or buy non-reporting companies.

It's excellent news that they feel they have no problem selling 4096 bit encryption to the States. Rob referred to another example of someone hacking encryption - this is the story:

<<Friday June 26, 5:18 am Eastern Time
Lucent researcher cracks encryption code -WSJ
NEW YORK, June 26 (Reuters) - Daniel Bleichenbacher, a researcher at Lucent Technologies Inc.'s Bell Labs discovered a software flaw that could allow a well-equipped computer hacker to break the encryption software code used for electronic commerce, the electronic edition of the Wall Street Journal reported Friday.
According to the Journal, under some circumstances, a hacker could break the code if they have a special connection to siphon off Internet traffic, and the ability to send about a million specially crafted messages to a Web-site operator, the paper wrote.

By analyzing the electronic responses to the messages from the web sites, an attacker could get information that could be used to decode an intercepted session, Bleichenbacher told the paper.

For the electronic commerce software companies, Bleichenbacher's discovery set off a flurry of activity to write and distribute a software patch that would fix the problem.

The software companies issuing the patch include Netscape Communications Corp.(NSCP - news), Microsoft Corp.(MSFT - news), and Security Dynamics Technologies Inc.'s (SDTI - news) RSA Data Security Inc. unit.

Currently the standard encryption software used for electronic commerce is known as secure sockets layer, or SSL, which relies on technology developed by RSA.

Bleichenbacher said he demonstrated the attacks on to show the code could be cracked in a laboratory setting only.

News that cracking an electronic commerce security code comes at a time when consumers are still concerned about security and the safety of sending personal information, or their credit card numbers over the Internet.

Having secure transactions is crucial for nurturing more consumers onto the Internet to buy products and keep the burgeoning industry growing. >>

bbruin "HLBS&DW"


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