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To: BW who wrote (7177)2/27/2002 8:36:51 PM
From: KonKilo  Read Replies (2) | Respond to of 48461
 
Just a hunch, no TA to back it up [Edit: Actually, the TA ain't bad at all.], but IMHO, ADSX could get out of hand as a story stock:

"February 27, 2:25 am Eastern Time

Co. To Seek US OK For Implant Of Computer Chip In Humans

WASHINGTON (AP)--A Florida technology company is preparing to seek government approval for a computer ID chip that would be implanted inside the body and could be used to store everything from secret codes to sensitive medical information.

Applied Digital Solutions' (ADSX) new "VeriChip" is another sign that Sept. 11 has catapulted the effort to secure America into a realm with uncharted possibilities -and also new fears for privacy.

The company also is developing another implant device that would work in conjunction with the VeriChip to allow satellite tracking of an individual's every movement. The tracker is already attracting interest across the globe for tasks like foiling kidnappings, the company says.

Applied Digital, based in Palm Beach, Fla. , says it soon will begin the process of getting Food and Drug Administration approval for the VeriChip, and intends to limit its marketing to companies that ensure its human use is voluntary.

"The line in the sand that we draw is that the use of the VeriChip would always be voluntarily," said Keith Bolton, chief technology officer and a vice president at Applied Digital. "We would never provide it to a company that intended to coerce people to use it."

The makers of the chip also foresee it being used to help emergency workers, for instance, diagnose a lost Alzheimer's patient or access an unconscious patient's medical history.

Getting the implant would go something like this:

A person or company buys the chip from Applied Digital for about $200 and the company encodes it with the desired information. The person seeking the implant takes the tiny device - about the size of a grain of rice, to their doctor, who can insert it with a large needle device.

The doctor monitors the device for several weeks to make sure it doesn't move and that no infection develops.

The device has no power supply, rather it contains a millimeter-long magnetic coil that is activated when a scanning device is run across the skin above it. A tiny transmitter on the chip sends out the data.

Without a scanner, the chip cannot be read. Applied Digital plans to give away chip readers to hospitals and ambulance companies, in hopes they'll become standard equipment.

(This story was originally published by Dow Jones Newswires)"

Looks to me like the next big media morality play.

KK