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

To: 24601 who wrote (4943)	1/10/1999 3:03:00 AM
From: Marty Lee	Read Replies (1) \| Respond to of 11417

Rem55, 24601, andrew.. I can just feel the greed in this room. :) Marty

To: 24601 who wrote (4943)	1/10/1999 4:20:00 AM
From: Craig Sutton	Respond to of 11417

Wave will not be the 'bad' guy. Free stuff is often what lures people to your web site. Then after they get you hooked they offer something that you have to pay for. Wave will just make it more convient to purchase things that already have a cost. I see nothing but benifits for the end pc user. Nice to see a major publication taking note !!!! One of many I'm sure.

To: 24601 who wrote (4943)	1/10/1999 12:50:00 PM
From: andrew peterson	Read Replies (1) \| Respond to of 11417

24601 -- I absolutely agree that WAVX will not in fact be the bad guy. In truth it's just the opposite -- Embassy will allow us to buy pieces of information where as before we had to purchase the whole enchilada. The example I always think of is the Wall Street Journal's web page. I used it quite a bit when it was free, but once they started charging that was the end of that. There are bits and pieces I want from it, but there's no way that I'm going to pay the full price of admission just to get those little nuggets. Now if the whole site were available with either a subscription or a pay-per-article basis, I would gladly be buying the occasional article AND the WSJ would be bringing in money that they're not getting now. Better yet, they'd be able to give the entire site the appearance of being freely accessible, by providing open access to the site up to the point of actually accessing articles. That makes me feel good as a purchaser of information -- I am in fact getting something for free -- and it's an incredible opportunity for the publisher to make their pitch to us consumers. It's good for everybody. And it's a model that you could theoretically extend to every page on the web. It's a very good point about the way in which Embassy will allow market dynamics to determine the value of information. A lot of free stuff will remain because that's what it's worth (or because there's an inherent interest on the part of the publisher to give it away). That said, I think the conversatoin that REM55 and I were having is more about PERCEPTION than reality. I think that there does exist some risk that Embassy might be perceived as the device which takes away all the free stuff. I think the risk of that perception negatively affecting the deployment of Embassy is small and is growing smaller by the day. But it's a factor. Marty: I am smelling money. It feels closer than it ever has before. Well, enough gab. Back to the dissertation!