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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: genejockey who wrote (7717)	7/3/1999 8:17:00 PM
From: ecommerceman	Read Replies (1) \| Respond to of 11417

Please, "Howard," if you're going to spend such an incredible amount of time on a post like this, you'd be better advised to do some due diligence first. First: the only thing that the Barrons article exposed was the ignorance of Claugus, and your citing it as somehow "exposing" Wave is a further citation of your own ignorance. Second: you ask: "will WAVX set up a customer service department to do [dispute resolution]?" Uh, yes, why in the world wouldn't they? Third: you ask: "Why would a content provider WAVE enabling lead to increased sales?" Uh, because of increased sales once Wave was fully deployed; seems kind of obvious, doesn't it? The assumption, which hardly seems baseless to me, is that consumers would frequently use their Wave-enabled computers/STBs to buy digital content over the internet, whether it be games, software, articles, short-stories, movies, etc. That's why... Fourth: you wrote: "Also, this rent to own thing is ridiculous... another example of adding features that are not needed nor wanted. I prefer a free trial period, and most providers looking to get market share use that approach." I don't know about you, but I've never bought software, games, music, movies using a free trial period. If there's providers using that approach, there's damn few of 'em. Fifth: you wrote: "Then why has only 1 no-name Box maker signed on? If this process is so compelling? Who wants to incorporate a WAVX that will never be used now that the ECML standard is in place and digital wallets will be the de facto rulers of the E-Commerce landscape?" I agree that Haup isn't Dell, you're right about that. However, do you really think that OEMs in negotiation with Wave are going to announce that fact and give away their advantage to their competitors? I don't. Will the OEMs make any money from the ECML standard transactions? Nope. And that's why they're, ultimately, going to deploy--they need the revenue. Regards, Ecommerceman

To: genejockey who wrote (7717)	7/3/1999 9:47:00 PM
From: Marty Lee	Respond to of 11417

Hello Howard.. The poverty of your logic Why posit everything in the distribution of digital content as an "all or nothing" game? "... consumer's are going to use their VISA for E-Transactions and nothing else." We will see what happens as data transmission speed on the internet increases. The "big flaw" in the WAVX business model is in your terribly muddled conception of it, Howy. "WAVX or Visa..." Confusing Wave Systems business with the meager transaction processes of credit cards, you are ingnorant of the advantages of localizing transactions for both buyers and content providers. Re-read your own nonsense. Oh!, and have fun getting Visa to publish it! Just trying to help, Marty

To: genejockey who wrote (7717)	7/3/1999 9:51:00 PM
From: SlateColt	Read Replies (1) \| Respond to of 11417

Let me respond to a few of your arguments But, methinks we're preaching to the choir here. Obviously, you don't have a grasp of the business model. "Visa goes 2%, so who would I rather use?... WAVX or Visa (or even CYCH in a digital wallet) to purchase the same item knowing that the WAVX transaction will be at a premium?" Funny thing is, merchants hate Visa and Mastercard, but they are a necessary evil to do business today. Consumers could care less, they want convenience. It all comes down to price. Since, the business model is new, there is no premium over another service. There is no other service that provides this capability. Once again apples and oranges. Visa works pretty good for hard merchandise goods. But, try using your Visa, either directly or thru the vaporware ECML standard, to play one game of Doom for a quarter? Try using your Visa to read one article in Bear-ron's for a dime? Another funny thing is that those vaporware ECML wallets sound just like the "failure" CyberCash products. I don't know squat about CUST, but I do know they're software-based. Which means they're non-secure and hackable. They can't provide nearly the same level of content protection to the author. "I'm sorry, but unless it's VISA or Mastercard, nobody and I mean NOBODY is gonna be willing to put money into a depository such as WAVX" Today consumers pay their cable bill in advance for service for the next month. Not only do you have to pay up front, but you are subject to the channels and shows that are offered and if you don't watch the TV, you still pay for it. With Wave, you can have your cake and eat it too. You can "pay that monthly bill upfront" like your cable bill and buy, rent or use stuff only when you want OR you can pay as you go to do the same thing. It's your choice. And thats the beauty of it. On an aside, I wish my cable bill were metered instead of flat fee, I'd probably be charged half of what I pay today. Free trial periods are nice. But, in my and I bet many other small business owners cases, I'd like to use a product periodically. The free trial period breaks down here. For example, AutoCad costs several thousands of dollars to purchase. But, from time to time, I need to access to AutoCad for a project. If AutoCad were Wave-enabled, and allowed me to use their product for say X dollars a day, I'd jump at the chance. Instead, I'm forced to either use some other junk software that gets the job half done, pass on the job entirely, or shell out two grand to buy it. And as an added benefit, if I've rented AutoCad enough, I'll have a licensed copy that didn't take up large chunks of capital in one fell swoop. Keep 'em comin' cause these arguments are much better than the shallow ones presented by prior traders. ---Slate