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

To: Steven Sprague who wrote (1431)	3/20/1998 4:54:00 PM
From: 24601	Read Replies (1) \| Respond to of 11417

I am pleased to see "all of our OEMs" in the plural.

To: Steven Sprague who wrote (1431)	3/20/1998 8:38:00 PM
From: M. Frank Greiffenstein	Read Replies (2) \| Respond to of 11417

Why no press releases? Mr. Sprague, your last post implies that you have signed more OEMS like IBM. Any special reason that there have been no press releases announcing this? DocStone

To: Steven Sprague who wrote (1431)	3/21/1998 9:40:00 AM
From: Pure Folder	Respond to of 11417

Thank you, Mr. Sprague, for taking time to comment on this forum. I've read WAVX's Content Provider Agreement and have one quick question about paragraph "4". Assume the same single end-user purchases/rents the same item (say, a game) 50 times in one month at $2.00 per usage. Is this treated as 50 transactions for less than $3.00 yielding $50 to WAVX or as one transaction for $100 yielding $10 to WAVX? I assume the former, but please confirm. And are these same terms in place with the big names as well as the small fry? Since the OEM contract is with WAVX, not the content-provider, I assume WAVX's revenues are further divided with the OEM, which had been my original question to Wahoograd. Can you comment on the division between OEM and WAVX, as well as who bears the cost of manufacturing/installing the chips? Finally, and most importantly, can you confirm whether contracts have been signed with other OEMs, with or without minimum quantity obligations, and who they are? This can be an extremely volatile stock (% price movement-wise) and it seems information is disseminated through different channels at different times. I don't envy your job in making decisions when to release information (too soon vs. too late, especially if IBM also has input), but nor do I understand why the broker community gets info on OEM deals in advance of the general market. Thanks again for your time. Pure Folder