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


To: Marty Lee who wrote (5398)2/4/1999 8:19:00 AM
From: Marty Lee  Respond to of 11417
 
More from the WAVX Files...

There will be continued legal pressure from the RIAA and record companies against any site that houses illegal MP3s. The association hopes to scare the world into just paying for the damn things at sites such as MP3.com while it works on implementing serial copy management standards (SCMS) across the board.

The freshly formed Genuine Music Coalition, which includes Liquid Audio and 48 record labels, wants to watermark every MP3 that's downloaded legally so that, IF AND WHEN TECHNICAL SOLUTIONS ARE IMPLIMENTED INTO PLAYBACK DEVICES, SCMS will have something to look for.

Sounds like music.. sounds like a JOB FOR WAVX!
Marty




To: Marty Lee who wrote (5398)2/4/1999 9:03:00 AM
From: SlateColt  Respond to of 11417
 
Marty,

Don't bother with the Fools, you can't get past their computer yet.

<<

In a message dated 99-02-01 23:18:03 EST, you write:
<< wavx >>
Greetings!

We received your request to open a folder. Unfortunately, we do not open
folders for stocks that trade around or below $5 per share, bulletin board
stocks, or stocks that trade only on foreign exchanges.

The reason for the $5 threshold is the attendant risks, as 75% of stocks that
trade around or under $5 go onward to $0. Many of these stocks are low-quality
companies whose prospects could be hyped by promoters. And, because of their
thin market capitalizations, the online medium could be used successfully by
people to move the prices on these stocks. We at the Motley Fool wish to avoid
these situations.

For bulletin board stocks or stocks listed only on foreign exchanges, one
issue is the inability to obtain quotes through AOL's quote system online. The
other issue is that these stocks do not have to meet the stringent quality
requirements of the three main US exchanges (Nasdaq, AMEX, and NYSE).

These requirements are not a comment on the stock itself but, rather, are
attributable to our limited message board space and certain decisions made at
Fool HQ regarding the threshold of quality a company must achieve to be listed
on our boards.

Apologies,

FoolTools >>

This is the cheesy automated response that I received after I presented my case why a board should be opened for Wave.

The nerve!

Fool on,

---Slate



To: Marty Lee who wrote (5398)2/4/1999 9:38:00 AM
From: SlateColt  Respond to of 11417
 
Ramblings on Volume - Think Pyramid

Consider a 4 story pyramid with the following levels:
======================================================
Pioneers - That's us. We discovered the gem.

2nd Generation - Pioneers' friends, coworkers and relatives
who bought the story

3rd Generation - friends, coworkers and relatives of the 2nd generation folks and, of course, the skeptical ones from before

4th Generation - general public buying and institutions
======================================================

1) Let's start with 50 pioneers (the story tellers)
2) Each pioneer tells 20 people (friends,etc.) --> 2nd gen'ers
3) Each 2nd gen'er tells 20 people --> 3rd gen'ers
4) Each 3rd gen'er tells 20 people --> 4th gen'ers

Of course, not all will buy at each level but let's say 50% do:
Pioneers - 50 buyers
2nd Gen'ers - 50 x 10 = 500 buyers
3rd Gen'ers - 500 x (10+5) = 7,500 buyers
4th Gen'ers - 7,500 x (10+7) = 127,500 buyers

As you can see a lot of buying power is created exponentially. I believe we're experiencing some 3rd gen purchases as I can personally attest to considering my mother called me last night to get the web site address of Wave for some friends of hers (nightmare, but that's another story)

Sorry for the ramblings, I was doodling on a pad and thought I'd share

---Slate