Wattage Monitor (WMON) Message Board

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Technology Stocks : Wattage Monitor (WMON)

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To: Casey who wrote (34)	3/31/1999 12:45:00 AM
From: Bruno Steinhauser	Read Replies (1) of 96

Hi there, my name is Bruno Steinhauser and I wish to join this board to share opinion on this investment. I was made aware on WMON by my broker. I have checked both business idea and management behind that deal. I am pretty amazed that in all prior posts nothing was stated in terms of what kind of product WMON offers. Instead some are talking about a Database. Well , I think it is much more than this. I am from Germany and we just recently made our experience in the telecommunication market of what can happen if a former regulated market will be deregulated. You guys in the US also should recall what kind of market conditions you had in the telephone market at the very first beginning. Wattage has developed a software which enables them with the help of a database to control on an ongoing basis price policy of every single electricity provider. As you know deregulation will cause a lots of private companies offering their services to the households. Advantage for the household - cheaper prices of electricity. Disadvantage - as the amount of private providers will increase - the amount of different cost, fees etc. will be a djungle for the consumer. And here is where WMON helps. Every household hooked up to the internet can directly go to WMON web page, punch the zip code into their system and it shows what provider locally can offer the cheapest service. If he discovers that his current provider is more expensive, he simply can switch over via internet to the next cheapest provider, while WMON is collecting fees for every negotiated client. In my opinion this kind of service is needed. So far Massachusetts, Pensylvania and California are dregulation their markets for electricity. So far 3000 private providers have shown up. Make a rough calculation of of how many more providers will appear if once all states have deregulated. So in my opinion , WMON does provide the consumer with a detailed market transparency . They "force" all providers to compete in an "open battlefield" which will result in a dynamic and decreasing pricing for electricity. What does that mean? Decreasing prices over the period of time will cause some problems for the provider as their margins are decreasing also. They only can keep margins by winning market shares. This can be reached by organic growth or by strategic growth. I bed you it will be strategic growth by buying out competing comanies. So over the years you will see that a total regulated market will be followed by minor regulated market with may be the 50 to 100 strongest and most competitive electricity prooviders. Wattage monitor will still have contracts with these providers and still will get a fee for every kilowatt hour - or may be- think about it - Could not be Wattage the company buying out the strongest electricity providers?. hope my statement was not to long to read. best regards Bruno Steinhauser

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