Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Marty Lee who wrote (4949)	1/10/1999 8:59:00 PM
From: spotter	Read Replies (2) \| Respond to of 11417

A question on the money flow when using Embassy... The idea, as I understand it, is that you would connect to some web site and 'prepay' some amount of money that would conceptually be held in the Embassy chip. The prepaid money would then allow you to purchase all kinds of things (e.g. pay-per-use software) without connecting to the network until you wanted to put more money into the chip. Presumably the chip would at that time upload the information about what purchases you had made and the suppliers involved would then get paid. Simple enough. However, the money isn't really in the chip (of course), it's sitting in a bank account somewhere waiting to be used and distributed for purchases. Is that a 'Wave Systems, Inc' account? If this thing really takes off, there could be a very large sum of money sitting around gaining interest.