Rande,
I have had you bookmarked since day 1 on SI and have appreciated the help and advice of you and all on this thread since its inception.
I am long WAVX and think now that Wave Systems (WAVX) is back on NASDAQ perhaps it merits a look for those that would not consider it as an OTC. The company got a little play recently from its publicized relationship with HAUP but it looks to me that there is much more to come, making this one somewhat of a sleeper.
Wave Systems has been in R and D mode with little revenue since its founding in 1988 and is finally beginning deployment of its products. The founder, Peter Sprague, was also the founder of National Semiconductor. The Board of Directors includes George Gilder.
From the WAVX 10-Q 5/17/99:
“Our long-term strategy is to achieve broad market acceptance of the Wave System as a standard platform for electronic commerce. The growth of e-commerce is creating consumer demand for a powerful merchandising interface at the point of purchase, whether in the office or at home. E-content providers seek a system that will allow consumers to pay royalties easily and quickly for usage while allowing both customized and broad, inexpensive distribution. …“
sec.gov
I think the WAVX EMBASSY technology is a vital component for the next generation of set-top boxes and for the next generation internet. There are competing software-based products but there is no competing hardware-based product that I am aware of.
WAVX holds important patents in hardware based metering technology and has formed important relationships with HP, SUN, IBM, Atmel, AOL, and others that in my opinion bodes well for WAVX technology becoming an industry standard e-commerce platform.
Wave Systems home page:
wavesys.com
Wave Systems – HP relationship:
hpconnect.com
Wave Systems Introduces Wave Direct E-Commerce Service for PC Users:
biz.yahoo.com
Hauppauge Digital Adds E-commerce Capability to Its Broadcast Receiver Boards
Enables PC Users To Access And Purchase Software,
Music And Other Forms Of Digital Content
biz.yahoo.com
Regards,
Minnow |
