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Technology Stocks : Internet Guru Discussion
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To: steve harmon - analyst who wrote (1790)6/4/1999 3:20:00 PM
From: Witold  Read Replies (1) of 4337
 
Steve, thank you for your prompt response to my question about Wave System's chip technology. I would appreciate it if you elaborated more on this subject.

Wave Embassy chip is inexpensive (about $5 per chip) and it will add versatile and flexible functions to computer hardware. Embassy will be installed in 3-5 million new PCs this year and probably many millions more in the coming years. The chip will ensure safe micro-payment transactions. It provides superior transaction safety WITHOUT giving away customer's identity (unlike the infamous new security Intel chip which by the way is supposed to provide only security). The Wave chip is planned to be combined with Smart Cards. It is quite possible that this technology might be introduced into every electronic device requiring safe electronic content metering (digital music players, telephones, palm-held devices, non-contact Smart Cards for remote content measurement (for bus fare measurement measurement etc).

It is difficult to imagine that Microsoft's piece of software would provide equally extensive potential applications. Besides, Wave Corporation is not alone. They are backed by several strategic parterships with HP, SUN, IBM and guarded by strong patents.

It usually takes many hours of extensive research to fully appreciate implications of the Wave technology. I would like to invite you to spend some time at www.wave.com and to share your comments on their technology.

Thank you for time

Regards,

Witold
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