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

To: Sophie Janne who wrote (8138)	7/12/1999 9:49:00 AM
From: Arthur Radley	Read Replies (2) \| Respond to of 11417

Sophie, You are probably right in that I don't understand WAVE's technology. However, I have for years ordered merchandise over the telephone and internet without any problems or special devise hooked up to my computer. My concerns over this issue are further muddled in today's Wall Street Journal. They have a 54 page special supplement dealing with e-commerce. I would suggest everyone interested in this subject get a copy of this issue. The supplement discusses every aspect of e-commerce with several interviews of key players in the area. There is no mention of WAVX, however, in the section on the ABCs of buying online it states the following...."most WEB sites accept major credit cards. In general, encrytption technology used today is sophisticated enough to offer reasonable amount of security when your credit card information is sent through cyberspace. Still, it's a better idea to use a credit card online than a debit card. Credit-card companies are used to dealing with stolen information, and tend to cover losses from cyber-theft. But many banks may not cover funds stolen from checking account quite as quickly. Lots of companies ---such as CyberCash and Launchpad Technologies--are developing new payment methods that can streamline buying in cyberspace down to a single click. CyberCash's "instabuy" program for instance, keeps track of your credit-card and shipping information. This segment goes on to discuss i-Escrow, Inc., a private company that acts as a holding tank for funds during a transaction so that a buyer can inspect a product before final payment is made. In another section ...Old Dancer, New Beat.traditional music stores are waking up to the possibilities of the WEB. The article starts out talking about the unique offering of Trans World Entertainment. Later it talks about SONY Corp. by passing retailers and selling singles directly and they will use technology from Microsoft Corp. to begin selling "virtual singles" over the Internet at the same time the songs are available in record stores.." Sophie, when I read the likes of Microsoft developing technology and think of them going up against the likes of WAVX....I get a funny feeling who might win the game. It is my understanding that WAVX is giving away their technology so when I hear of a company like Microsoft developing a like kind ...it makes one wonder...or at least it does me.