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Technology Stocks : WAVX Anyone?

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To: Brian K Crawford who wrote (6469)4/19/1999 1:49:00 AM
From: Trippi  Read Replies (1) of 11417
 
Brain -

1. Yes you use a credit card to load your wave account.

2. and 3. Short answer (that deserves a very long one but I am going to get some sleep) Digital content is paid for on a percentage basis and on a sliding scale based on the price of the product. A poem that sells for 10 cents for example would generate 5 cents to the poet and 5 cents to WAVX (using a SMO currently). A $50 piece of Software would generate a much larger percentage to the software company and a much smaller percentage to WAVX. You can check this all out by going to the Wavesystems home page and exploring the WaveCommerce stuff -- ther percentages etc are all laid out.

On non didital content items like books etc I am not sure the current revenue model will work -- but this will come later in the evolution to WAVX tech --

Trippi
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