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


To: andrew peterson who wrote (4942)1/9/1999 11:48:00 PM
From: 24601  Read Replies (3) | Respond to of 11417
 
Dear Andrew: I agree with the points that you and REM55 are making. Still, we should not concede that EMBASSY will put price tags on things that should remain "free" on the net. Please allow me to reiterate an old point.

The EMBASSY system (in pertinent part) represents a fair, efficient, and economical meter for the distribution of digital intellectual property. Its chip-based, client-side solution creates a win-win-win-win for content provider, platform builder, end user, and Wave. The value of the efficiency it brings to the distribution process can be shared among all sides of an Ecommerce transaction.

The ordinary forces of economic incentive and disincentive --- supply, demand, competition, innovation, aesthetics, regulation-or-not, taxation-or-not, etc. --- will operate to make digital things flow according to their economic value just as material things do.

EMBASSY will make things that are worth paying for flow more efficiently than they have in the past. They will be more readily available, on more flexible terms, with better protection of intellectual property rights. The economies induced by Wave's new distribution channel will yield savings that can be shared by all players in Ecommerce transactions.

But EMBASSY will not spoil the frontier freedom of the net.

Best wishes.