Business Week Article in 7/27/98 Issue..."Yes, There Are Still Cheap Net Plays" pg. 86 ( or for those that subscribe online...http://www.businessweek.com/@@00Dz@2YAVdn6TAEA/premium/30/b3588122.htm ). This is a one page article describing "...companies that provide network and enterprise security software worldwide". It highlights five Israeli contenders, CHKPF, FNDTF, MEMCF, DDDDF and ALDNF.
Two things, ALDNF has a substantial investment in WAVX so if ALDNF rises tomorrow do not assume that this rise is confirmation that WAVX is "the yet un-named solution to the PC security issue" but may be instead a sympathetic 'stampede of the herd' in reaction to the BW article.
Second, the article mentions a Haifa-based private firm backed by Sun MicroSystems and Germany's Siemens called First Access. First Access, which the article mentions might go public shortly, has developed a "vicinity smart card" which authenticates computer users from a distance of several yards. These cards do away with the need for passwords and shut down a system when the user walks away. This sounds suspiciously like another firm recently discussed on this thread. If so it seems there will be plenty of competition in that niche sector of the security market.
I realize these are software solutions and significantly different than Wave's hardware based security and metering capabilites but I though these items might help those watching and analyzing WAVX's every move.
I am long WAVX and am cautiously optomistic about the recent announcements which may ultimately affect the share price of WAVX. I was especially heartened to see the Stocktalk@Webstockwizard,com announcement of WAVX as a New Watch List Company. This was tempered when I visited the site and saw that there were 4,330 hits to date. Anyone know how many people received the E-mail/Notification of WAVX's being added to the Watch List?
Bottom line is that the number of people posting both here and on Raging Bull is rapidly increasing with each week, longtime significant holders (James Melcher) are speaking out and the technology demands of the development of the internet, and specifically the e-commerce niche that Wave has staked out, continues to move in favor of WAVX. As all these things converge hopefully it will be reflected in the share price of WAVX and all of us will be there to benefit. |
