To: Anthony@Pacific who wrote (40062 ) 7/5/1999 1:43:00 PM From: Marty Lee Read Replies (2) | Respond to of 122087
Good Morning Anthony! "He who laughs last thinks slowest" is humorous, dear Anthony.... as is your spelling and grammar at times. :) How much whoopass can I stand in a 24 hour period? To lose all that my WAVX stock is worth to me (hundreds of thousands of dollars) would not change my enjoyment of life nor my halcyon spirit. I will not get into a pissing match with you nor anyone else. <g> Let's talk WAVX. OK? What of WAVX and its founder, Peter Sprague? Have you met Mr. Sprague personally through your “investigations?” Has he impressed you as a stupid man? George Gilder is on the board of Wave Systems Corporation. Mr. Gilder has written at length about the technology produced at Wave Systems. He believes it's got a great deal of promise. Perhaps you might challenge yourself and chat with him? What might you say to Mr Gilder to abate his ignorance? He has his own site here on SI just as you do. Subject 16530 Conserning the business of Wave Systems, what is so faulty with the ability to use microprocessors, such as an embedded application security system on a chip, for the purposes of distributed computing – putting the switches, the intelligence, and the processing power on the consumer's desktop? No one denies that the immense gains in the power of computers have yet to yield similar advances in the power of people to access and utilize information. Vast stores of data remain untapped, only to be laboriously accessed and transmitted inefficiently and uneconomically by a few information specialists familiar with the databases' protocols and commands. Wave Systems proposes to solve this problem with microchips residing at the periphery of the network system on the growing number of our client side devices. The solution is elegant not ignorant. It makes our computer devices smarter by moving computing intelligence from centralized server-based systems into the hands of consumers. By allowing average people to access and pay only for the information used rather than for the time on-line and for the entire database or application, Wave Systems can make easily accessible large files and immense libraries of data now stored on disks, tapes, and microfilm, etc. The system proposed by WAVX to Sun Microsystems, Hewlett Packard, IBM and other OEMS would distribute through their promotion the content of encyclopedias, technical journals, magazines, newspapers, back issues, and software on disks, update them by broadcast, and charge only when the users accessed items specific to their interests. Today the bulk of the profits from information-sharing and entertainment goes to the owners of the databases, mainframes and servers, and the phone companies that provide the much wasted time on-line for access. This is what is “stupid.” Wave Systems distributed computing model shifts the power and profit from centralized servers of data to its users and creators. The ideas of Wave Systems Corporation will succeed through the desire of information-producers to greatly expand their markets within a hardware encryption environment that provides copy-right protection for information and entertainment providers and greatly enhanced privacy for their customers. Visa will eventually make the switch to smart cards using Java and other necessary architectural components and technologies provided by Wave Systems. Just trying to help, Your friend, Marty