Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Spartex who wrote (25237)	1/29/1999 5:53:00 PM
From: Loring	Read Replies (1) of 42771

Quad K and others, re Digital Me: If someone steals my VISA number and charges merchandise, I protest to VISA and tell them, in effect, that its their problem not mine and I refuse to pay for the charge. VISA then either goes back to the merchant and holds him responsible for accepting a fraudulent number --- or VISA eats the loss. In both cases, I'm not in trouble as long as I report bad charges to VISA within a reasonable time. With the Internet, I would assume the same premise holds true, which therefore leads me to believe that the biggest potential loser in all of this is the credit card issuers. Right? So why haven't they lept into the security development fray with both feet, or are their margins fat enough that they know that losses will always only be a small percentage of their gains? Or is insurance involved? Somewhere there is the ultimate entity that risks getting gored by rampant Internet fraud, and it's not me the consumer. Then, who is it?

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