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Technology Stocks : WAVX Anyone?
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To: SlateColt who wrote (5845)3/5/1999 8:51:00 AM
From: andrew peterson  Read Replies (1) of 11417
 
I agree. WAVX's "product" is not the chip itself but the distribution of content. That's where they're going to make their money and so a commodity type valuation doesn't make sense to me either. YHOO may not be the greatest model, but an AOL seems right -- calculate a value per user of the service.
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