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

To: Paul Schmidt who wrote (4430)	10/29/1998 3:23:00 PM
From: Marc Bejarano	Respond to of 11417

paul. i think your worries about the newly authorized shares were unfounded as you seem to now agree. however i do welcome more discussion about the increase in authorized annual options to employees (and likewise, the instant vesting for non-employees). i still don't like either of these proposals and i haven't heard a good argument for them. yes, they need to attract and retain good talent. but isn't 100,000 enough? what has changed so much that this number now needs to be increased? likewise, what has changed that makes it necessary for directors' options to vest instantly? marc

To: Paul Schmidt who wrote (4430)	10/29/1998 3:24:00 PM
From: Marc Bejarano	Read Replies (2) \| Respond to of 11417

article from the register at theregister.co.uk this is a british source and the only new information is: === GlobalWave is a jointly owned subsidiary between Wave Systems and The Internet Technology Group (ITG), the UK's largest independent ISP. ITG chief executive, Laurence Blackall, said that the HP-Wave Systems' initiative: "Is tremendous news for GlobalWave [since] media groups, broadcasters, PC and set-top manufacturers have been waiting a long time for this announcement." ® === marc