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Technology Stocks : WAVX Anyone?

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To: Kevin who wrote (4754)12/6/1998 11:45:00 AM
From: andrew peterson  Read Replies (1) of 11417
 
I suspect that it will play out the same way it has with credit cards. Once Embassy is out there in a zillion devices, it will be so convenient and attractive that people won't NOT be able to use it. They won't be able to stop themselves and the simplicity and convenience of it will completely over-ride any concerns about security. Therefore it's just a matter of getting Embassy onto as many devices as possible. Fortunately Wave doesn't have to do a poll of computer users to get approval to get the device into PCs -- if it worked that way, we might have a backlash on our hands based on the perception that privacy was being compromised. But since we don't, I haven't been all that worried about this perception undermining Wave's efforts at deployment. All they have to do is to cut the deals with the OEMs. If I were speaking for the company and these concerns arose, I'd simply say that the bottom line is that anyone who doesn't want to use Embassy doesn't have to -- even if it's on their computer, it's not activated unless they want it to be. But I'd know, as I said this, that as with a credit card the temptation to use it will be fierce and irresistible.
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