WavePhore (WAVO)- VBI fed WaveTop for WebTV Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John B. Anderson who wrote (1684)	7/13/1998 10:47:00 AM
From: ayn rand	Read Replies (2) of 2843

Dow Jones Newswires -- July 13, 1998 WavePhore CEO: Co. Has Potential Audience Of 100M !!! NEW YORK (Dow Jones)--WavePhore Inc. (WAVO) Chief Executive David Deeds said based on a partnership agreement and its delivery system, the company can potentially reach 100 million households. "Because of our partnership with PBS we're able to reach 99% of the homes in the U.S., and that means ultimately we've got an opportunity to transmit data to 100 million homes in the U.S.," Deeds said in an interview on CNBC Monday morning. "We're taking what we call 'the best of the net' and having also some proprietary information sent down - and it's done in a broadcast mode instead of an Internet mode because its a point-to-multipoint delivery method," he said. "That way we can send a tremendous amount of content down to the whole viewing audience." He said only a small amount of equipment is necessary to run the service. "All you need to have in order to receive this is a TV tuner board in your PC as well as our software," Deeds said. "Our software is available by download off of our website, and it's one of the featured new items in Windows '98." WavePhore, which provides broadcasting equipment and services to news and data providers such as this newswire and the Associated Press, is made up of three units: WavePhore Networks, WavePhore Newscast and WavePhore WaveTop. Microsoft owns a 3.5% stake in WavePhore while Intel owns 2.94%. The company's shares rose more than 30% Friday after a BusinessWeek article stated Microsoft is going to increase its stake in WavePhore.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next