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


To: B Spears who wrote (8347)7/23/1999 10:59:00 AM
From: jhnewman  Respond to of 11417
 
Good Big Picture post from Omegacat:

On RB:

*****************************************

By: Omegacat
Reply To: 54125 by Donald_Duck
Friday, 23 Jul 1999 at 5:17 AM EDT
Post # of 54217

Donald Duck, I know you are frustrated. Crazy Larry talked about how we loyal stockholders
have been battered and bruised. It has been a difficult period. But, I don't think you truly see
the larger picture here. Before I started studying Wave, I read George Gilder, and came to
understand that he was saying "THE WORLD IS CHANGING"! And Wave is at the heart of
this change or paradigm shift; it is not just another startup company with potential.

I think it was Weby who used the telephone analogy. In the beginning, phones existed, but
more as a novelty than a serious communication device because there was no standard to
connect the total system. That took AT&T. Most of us on the board aren't old enough to
remember that paradigm shift, but we can grasp the significant change the telephone made
to the world. We are talking about that kind of a tremendous change. But in today's world
(unlike the last century when the telephone was developed) transitions are made at lighting
speed. The Internet is here, and huge players are developing systems to use it for serious
commerce, not just for the novelty of buying a book (be it digital from MyPublish or
hardback from Amazon) or using a Haup board to play a few games.

Haup was a beta test for one small part of what Wave can do; we could not survive by trying
to build a business on 12,000 happy Haup board owners. We have to deal with the major
leagues and get deployed in significant quantity so that Wave exists in the all devices that
can be used for serious ecommerce - business to business and the major broadcast of
digital content. Wave will only change the world by assisting others to do it. We are not the
telephone; we are the connecting system.

Wave's real customers, I believe, are the OEMs, ISPs, etc., not the retail customer. Wave
will provide a standard that will enhance and improve ecommerce so that these businesses
can better serve their customers. This is the basis of the ubiquity references. We will need
to be everywhere, and customizable to a multitude of platforms, so that Internet commerce
can be performed by everyone and in ways we may not yet even conceive. We will not
market ourselves to the consumer - AOL will, IBM will, Hewlett Packard will, NBC will. We
need to be there so that they can use our technology with their customers.

In the beginning of this new digital era, which was not so long ago, PCs were developed
and a standard operating system had to be deployed in all PCs so that networks could be
established and programs could interrelate. Microsoft, with DOS, got themselves out in the
IBMs and then their clones. Through master marketing and massive deployment, they came
to used by most computers and by default, became the industry standard. Apple had a
better idea and they had it first, but they were elitists, and thought they could build a
business with a good idea, and didn't see the need for a ubiquitous O/S. They thought they
could build a business with happy customers. And you know the rest of that story. So, in that
way we need to be like a Microsoft, Wave has to be out there so that everyone can use us,
and thus we are compatible with everyone else who uses Wave.

Granted, I am not a tech person, and I have struggled to try to understand what Wave is and
what it can do. I like to think of Wave as the next AT&T and the next Microsoft, in that it will
provide the standard system for everyone to be safely interconnected to conduct business
on the Internet.

The Internet is still in its infancy, but it growing at a rate that will dwarf the speed in which the
PC revolution took place. It will soon be an integral part in the lives of most people, and on
such a massive scale we may not totally comprehend. But it will occur in the blink of an eye
and that is why Wave has to be out there as quickly as possible. All other needs pale in the
face of deployment.

Patience, I believe this is just what is happening and we should hear about it soon. If I am
correct, the rewards of this patience may also be beyond what we all can comprehend.

Omegacat

*******************************

Regards to all,

Newman.



To: B Spears who wrote (8347)7/23/1999 12:38:00 PM
From: Rutgers  Read Replies (1) | Respond to of 11417
 
Question: regarding Embassy and Auction Sites...

Last week I was the high bidder for a golf club on EBAY. I have since sent a check to the Seller and now I have to wait a few weeks to receive the club. I'd prefer depositing a sum of money and then if I am the high bidder, the money could be sent electronically to the Seller so I could receive my product faster. I know that EBAY recently introduced some sort of "escrow" thing, but I have not looked into yet.

Anyway, my own personal experience made me curious whether WAVE has any partnering deals with the auction firms, EBAY, UBID, AMZN, ONSALE, etc.

thanks for any input