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

To: Deano Ferrari who wrote (2593)6/7/1998 4:27:00 PM
From: Wahoograd  Read Replies (3) | Respond to of 11417
 
This $100 to $150 million IBM deal sounds suspect. Since Wave will not be selling the chips (they will be manufactured by the likes of SMSC), the only way this information could make sense is if IBM plans to make a major investment in Wave. Wave has apparently been talking with potential partners for this purpose but somehow this sounds like a lot more capital than they would need - certainly $150 million sounds excessive. I have also been informed that Wave doesn't plan to consumate additional financing from any source until the late summer or fall of this year.

Wahoograd



To: Deano Ferrari who wrote (2593)6/8/1998 9:46:00 AM
From: M. Frank Greiffenstein  Read Replies (2) | Respond to of 11417
 
Deano, they don't sell meters....

Deano, you seem to be under the misocnception that WAVE sells the metering chip. Not true. They license use of the chip to an OEM and it is the OEM's responsibility to buy the chips from the manufacturer (National Semi).

WAVX's business model is to make the money from taking a cut of software sales that are monitored by the chip.

DocStone


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