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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: genejockey who wrote (40041)	7/5/1999 12:11:00 AM
From: 24601	Read Replies (2) \| Respond to of 122087

Howard, please, read and comprehend: Wave is no mere electronic payment mechanism. Wave's solutions do not reside entirely in software. Wave's solutions operate on the client-side of a network. Can Visa give you a hardware-protected solution that operates on the client side of a transaction system (without an ongoing tether to a network) in which you can securely store whatever feature of your digital personality you wish, including (for example) your credit card information, such that you do not need give it out for each transaction? Please at least read Hewlett Packard's white paper: hpconnect.com If you continue to propagate Claugus' fallacious description of Wave, then I will know that accuracy is not important to you.

To: genejockey who wrote (40041)	7/5/1999 2:42:00 AM
From: jhnewman	Read Replies (1) \| Respond to of 122087

Howard: You imply that WAVX once... set it's cut at 40% and is now "adjusting" it to 25%. WAVX's cut has always been set at 25%. There's no "adjusting." 25% is not 1000% greater than 3-4%, as you suggest in your post. And, after reading some of the posts made by WAVX posters, I think you'd realize that comparing WAVX to VISA is not an accurate comparison. Also, WAVX's mission is not to run VISA into the ground or compete with them head to head. VISA and WAVX will eventually be working together. And WAVX has a lot more going for it than micropayments. And the boxmakers don't have all the leverage. The margins of the boxmakers are shrinking day by day...and there's a whole "free PC" movement that is gathering steam. The boxmakers are desperate for another revenue stream...and that's why they're so interested in working with WAVX. As for the boxmakers, IBM, Hewlett-Packard, Compaq and NEC are all working with WAVX right now. It's great that you compliment the WAVXers for being so civil in this discussion. Most of us have been. I would hope you could be a bit more civil and factual in return. Good luck to you, Newman.