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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (1990)	2/4/1999 9:26:00 AM
From: SteelerStu	Respond to of 52051

WAVX INFO BELOW -- ALSO SAW POST TO STAY AWAY FROM ADOT (SHARE FACTORY) To: Wesley Jack (5393 ) From: Kevin Wednesday, Feb 3 1999 11:35PM ET Reply # of 5402 This from a RB poster on the conference: I attended the Wall Street Forum today. At the meeeting I met Mr. Feeny, Lark Allen, Peter Sprague and David Collins. Mr. Feeny gave an overview of the company history and Lark Allen reviewed the technology. Mr Feeny then reviewed the market opportunity. I learned a number of interesting facts that need to be updated for the "Board". 1) The Happague chip will not be the full Embassy chip but rather an earlier version, but it will still meter and decript. 2)The Happague chip will be available in the second quarter. 3)X-mass 99 looks undoable to me as the "new chips" won't be ready for testing by the OEM's (a 6 mos process) untill end of 3rd quarter. 4)The company should be break even in 3-6 mos after deployment of 1-3 million chips. 5)We are not in the Madison Project but we are in discussions with the music industry. 6)If things go well Nasdaq relisting can be about 6 weeks. The meeting was attended by a few curious analysts and my impression is that they still don't get the whole concept of Distributed Security, Trust and Waves contibution to E-Commerce