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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect -- Ignore unavailable to you. Want to Upgrade?

To: M Vavolizza who wrote (2344)	9/16/1999 3:50:00 PM
From: CIMA	Read Replies (1) \| Respond to of 18222

FROM USA TODAY: Credit, E-Cash or Smart Card? How to Make Sense (Cents?) of Online Payment Methods Ka-ching! Shoppers spent an estimated $13 billion online in 1998, including a hefty chunk during the holiday e-tailing explosion. Click for more. That's a lot of money zipping over the wire. With consumers flocking to the Net, shoppers and sellers alike are wondering, "How are we going to pay for our purchases?" As in how, exactly, does our hard-earned money travel from wallet to e-tailer? It's a question many are struggling to answer. When you shop at a brick-and-mortar store, payment options include cash, credit, debit and check. Obviously, bills and coins aren't an option online. But those other ..methods -- and Net-specific ones, too -- want to be your currency of choice in cyberspace: Credit Cards: If you bought gifts online this holiday, I bet you paid with plastic. Credit cards, (and debit cards that share their networks) are the preferred method of payment among online consumers. With good reason: •Easy to use -- no technology hurdles, almost everyone has one •Consumers trust card companies to conduct secure transactions •Most merchants accept them •Oh yeah, Americans love credit! Electronic Cash: Nobody would use a credit card to buy a single newspaper. Or a bookmark. Or a can of soup. Which is why ecommerce experts are struggling to find a way to charge consumers for stuff costing less than $5 -- not worth the transaction costs involved with credit cards. Compaq is studying the results of just-wrapped trials for its MilliCent system. Click for more. IBM is working on a micropayment method called Minipay. Click for more. Smart Cards: Like Jerry Lewis and broiled snails, smart cards -- onto which consumers digitally download "money" -- are popular in France, but not in the U.S. Not for lack of trying. Many banks and tech firms -- including Microsoft (click for more) -- are intent on establishing Stateside smart card systems. They're optimistic because: •Smart cards are efficient, secure, paperless, intuitive and speedy •Real and virtual stores accept them •Support for smart cards spans many industries, from banking to health care •Consumers abroad dig them In the end, I predict smart cards will achieve widespread U.S. acceptance. Eventually, they'll change your life. Well, at least the way you pay for things. Until then . . . just charge it. USA TODAY

To: M Vavolizza who wrote (2344)	9/16/1999 4:10:00 PM
From: M Vavolizza	Respond to of 18222

Hey wax, It is sometimes difficult to believe the I R man, yet I honestly do give you all only what Tom gives me. The only thing in your post I have to respond to is the dangerous rumor about 90 days. This kind of rumor is insidious. THERE IS NOT A SHRED OF TRUTH TO IT. It's like the kids in a high school. Once after breaking up a fight, I was sent home to nurse a little bruise to my arm. It was nothing! I mean that - nothing. When I returned to Lincoln the students were aghast. they had been told by "friens" that Mr. Vavilizza had his eye gouged out, his arm pulled out of its socket, etc. You get the picture. No different with shareholders. But much more dangerous. Please try not to post things that even if deniable might be construed by some as truth. Always feel free to P M Jordan (He is not an employee of ECNC). I truly want to build the confidence of the THREADS to the point where you will believe me. Again, I repeat: I do understand your trepidation! Thank you, Manny Vavolizza I R