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Technology Stocks : WAVX Anyone?
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To: jas singh MD who wrote (3896)9/14/1998 12:45:00 AM
From: larry ascherman  Read Replies (2) of 11417
 
Why the 9/98 Atlantic Monthly by Charles Mann is mandatory reading!

I intend to double my investment in Wavx based on the incredible feature article entitled "Who will Own your Next Good Idea: The Battle Over the Future of Intellectual Property." This article was discussed in some detail on Raging Bull; the critical import of the article as it relates to Wavx needs to be underscored over and over again.

First and foremost, the article makes unequivocally clear that the ONLY way to prevent the piracy of intellectual property is through a hardware component. "A real solution to piracy will require what he(Mark Stefik) refers to as a hardware component." "....the only
way to foil piracy---indeed the only way to charge for intellectual property---will be to equip all televisions, telephones, computers music players, and electronic books with chip that regulate the flow of copyrighted material."

The chip that will be the muscle behind the processing is referred to as the *c*-chip: "When I download THE SOUND AND THE FURY in my electronic book, the *c* chip will register the transaction, speeding my payment to the copyright owner and encoding the record in my copy of the test. If I lend the novel to my sister by E-mailing her a copy,
my E-book will erase the original copy, so that only one is in circulation. The software won't permit my sister to dump the text into any E-book without the *c*-chip, so the copy will always remain within a closed circle."

The above ABSOLUTELY has to be referring to the WaveMeter/WaveNet. The above is a precise blueprint underlying the Wave System. What other system could they possibly be referring to? Unless some other company is duplicating(or rather stealing) the Wave concept.

The bottom line is that I think we need not get so antsy about time frames. The Wave System is really the only REAL solution for electronic commerce. What other solution is there? Atlantic Monthly is the premiere literary magazine in the US; it is the least likely publication to hype an idea or a technology.

Wavx is a once in a lifetime opportunity to get in on the ground floor of a company that will make waves that will be felt around the world!
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