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

To: spotter who wrote (4950)	1/10/1999 9:42:00 PM
From: Tony McFadden	Read Replies (1) \| Respond to of 11417

"If this thing really takes off, there could be a very large sum of money sitting around gaining interest." Yup, The AMEX model. The float on travellers cheques pales in comparison to the potential revenue generating float Wave could hold. Let's project ubiquity here. How many PC's/STB/palmtop world wide in 2004? ______________ (a) percent with wave chip? ______________ (b) percent of those that plunk money in the chip ______________ (c) average amount deposited ______________ (d) Anybody care to enter numbers? My cut... a = 200,000,000 b = 75% c = 20% d = USD50.00 total [monthy] = abc*d = 1,500,000,000 monthly float And I think a and c are low. Anyone that has real projections for a, please share the numbers. I don't know where to look. Thanks Tony

To: spotter who wrote (4950)	1/11/1999 5:40:00 AM
From: Marty Lee	Respond to of 11417

I think... I don't know I brought this whole thing up some time ago. We might do well to ask to Steven. If the money people place into their PC Meters is treated like the money with which they'll begin to replenish their smart cards, then they will not be "prepaying" anything. It's a withdrawal. Like putting cash in their pockets. It can't be lent out to accumulate interest by the banking system. Of course, if there's a lot of money "just sitting" on these wealth transfer vehicles, that might seem a pity to "some" bankers. The money "in limbo" might be treated differently for arrangements involving more creative financing. People who keep a certain level of "cash" in their "Meter Accounts" might draw interest on the amounts kept therein; their cut for letting the bank lend the money "deposited" there out at a higher rate.. Visa might offer money to Frequent Meter and Smart Card Users at special rates to spend for "The Holidays," ...METER NOT RUNNING? NEED CASH NOW? In short, the money on our Meters and on our Smart Cards would still remain in the Money Market. Robbing Peter to pay Paul. Blaw, blaw, blaw.... Marty