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Technology Stocks : WAVX Anyone?
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To: Mammon who wrote (4558)11/10/1998 3:21:00 PM
From: andrew peterson  Read Replies (2) of 11417
 
My read on it is that it's a "big picture" thing. The connection might not be there yet, but the Broadcom chip will hasten the convergence and Embassy WILL find it's way into set-top boxes and cable-modems. In fact, I'd be willing to place a small bet that within a couple of years we'll see devices for sale that contain both chips. The more wide-spread the PC/TV convergence becomes, the greater the need for and usefulness of WAVX's products will become. For just one example, think of all those late night informercials hawking some get-rich quick scheme to buy foreclosed real estate or whatever. What they're selling is a set of books and videos. Say you're watching that through this sort of "converged" system. What the producers would be able to do is to use your set-top box to let you open a window to their web page and use your Wave account to download the text of the book or view the video right then. If I were a marketer, I'd love this. It's kind of like Amazon's "one-click" service in the way it could capitalize on our lack of impulse control. (And if I were in the porn business, I'd really go nuts for it...but I'll leave it to Marty to explicate the possibilities there.) Anyway, that's what I see being of interest in this news. It's down the line, but not really that far.
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