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

To: SlateColt who wrote (2466)	5/29/1998 2:25:00 PM
From: Paul Schmidt	Read Replies (1) \| Respond to of 11417

The Wired article think consumers won't bite. Well, methinks consumers are credited with too much power to dictate technology. Content, diferent matter, they probably dictate. But if the argument of consumer power is followed through, the Internet would not be here now, nevermind the fastest growing communication tool. Consumers will follow where they are led by companies that have very strong profit motives to use pay per view especiall those companies that want to make digital TV work. I think the Wavemeter could actually enable a paradigm shift in the way the television industry works. On the one hand you may still have the large broadcasters chrning out hundreds of programs per week, but a one man band turning out one high quality program a year and being payed pay per view basis could have a good income as well. I don't think the Wavemeter will ever be a household concept. Although from an investors point of view we realise how crucial the meter is to revenue, it remains "under the hood". Ironically it may be brand name recognition (take Yahoo for instance) in the shape of GSN (as THE source of good content) that may eventually determine the stock's P/E ratio, with the solid, reliable, unnoticed performance of the meter turning this into a blue chip stock. Could revenues be as far as a year away considering our recent quarterly results, and the signing of go2net. How about 6 months? Paul