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

To: Norman Klein who wrote (8013)	7/8/1999 11:52:00 AM
From: Norman Klein	Read Replies (1) \| Respond to of 11417

Barrons in a nut shell (borrowed from bozofinder at RB) A short fund manager with background in management of chemicals who admitted he analyzes energy and overseas while others do the technology for him stated that 3 steps seem highly unlikely for Wave to succed. 1) He said OEMs won't deploy it although he neglected to mention that OEMs already are, and that there is a massive supply chain committed to ramp up, and NO OEM has said no. 2) He said content providers won't let WAVx have their 40% cut. He didn't mention the sliding scale between 10 and 40%, how it benefits the content providers OR that we already have 100s SIGNED up. He made it sound like we had no content, when we have MORE CONTENT COMMITTED THAN ANYONE IN THE WORLD! 3) He said people won't trust their money to an unknown like WAVX. Didn't note that each account has to have VISA or MC deposits or that OEMs reputation is with Waves. He also said microtransactions will probably be dominated by VISA, not "neato encryption technology from Wave" . He didn't say it was RSA, JAVA, HWP-Versecure etc. And he didn't mention that VISA has no solid plan for microtransactions. He mentioned our acquisitionof N*Able but didn't say why, just lumped it with added outstanding shares. He implied the ONLY reason we have gone from 4 to 15 is because of overall internet hype and private placements. .....PLEEAASSEE!! Guess he didn't take into effect why WE all bought. And we all have bought ALOT! The article was slander and ignorant. He should be sued! He has secondary gain as he said his fund is Short in WAVX. WAVX should rebut in Barrons and have equal space. Hope this helped.