Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: genejockey who wrote (7752)	7/4/1999 3:33:00 PM
From: 24601	Read Replies (1) \| Respond to of 11417

Howard: You seem unable to learn or appreciate: that Wave's solutions are not merely electronic payment mechanisms; that Wave's solutions do not reside entirely in software; that Wave's solutions operate on the client-side of a network; and that one who trusts the market to judge value over time does not need to proselytize. Please, either stop trying so hard or try a little more earnestly.

To: genejockey who wrote (7752)	7/4/1999 5:06:00 PM
From: andrew peterson	Read Replies (1) \| Respond to of 11417

Please. A year or two ago people doubted that many people would be willing to give out their credit card number over the net. Believe me, if there's a simple way to pay for a compelling product, people will use it. Very few people really care who's processing the transaction. What matters is that you get your stuff and that you get it without much hassle. And this whole Visa comparison is just nutty. If Visa wants to set up a Cybercash-like system, they can do it. But if they want to securely meter digital content through hardware, they're going to have to work with Wave. This is not the Battle of the Microtransaction Systems. Wave offers something unique. They can enhance any microtransaction system that anyone comes up with and make it secure in hardware. No one else has the patents to do that. If you guys are truly basing your arguments on skepticism over customer acceptance of Wave's system, I'd re-think that argument--if customers cared that much about what you're saying, credit cards would have never taken off in the first place. (By the way, I can open up WaveDirect on my desktop right now and print out an itemized list of every transaction I've made through the system. I don't have to wait for the company bill me.) I think that a much stronger argument on the short side of this stock can be made around the issue of deployment. That's the biggest hurdle. If the system is out there, it will get used. Maybe more, maybe less than the company expects, but enough. If you believe that Wave will successfully deploy on a large scale basis, you're taking a huge risk trying to predict how the market will react to the system once it's available. Just ask those poor souls who were shorting Amazon so hard early on.