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

To: Sophie Janne who wrote (6836)	5/20/1999 1:54:00 AM
From: REM55	Read Replies (1) \| Respond to of 11417

Sophie Janne: Sorry for the delay in responding to your question on Globalwave in your post (No. 6836, last paragraph) . The following explanation about ITG/GlobalWave was posted by dad_dog on RB's ITG board (post 64). Best wishes, REM55 ITG has 75% interest in GlobalWave, which has exclusive distribution rights to Europe/MidEast/Africa. This means that 75% of the transactional fees from PC deployment go to ITG. Wave still maintains 100% of any licensing fees pertaining to PC's deployed in Europe. On top of this, ITG/GlobalWave is free to pursue their own deals in their market. One name that kept coming up was British Telecom. As you know, the recent deal between Wave/InTelicast and Sarnoff includes software from Fantastic Corp. which in turn has it's own deals with British Telecom and Deutsche Telecom. In the Q&A session with Steven Sprague, I asked about Europe. He mentioned that a lot is going on, and the GlobalWave focus will start getting more publicity. "Europe has many unique opportunities for Wave and GlobalWave." I noticed last week that the website for GlobalWave is now being constructed....a very good sign IMO. Anyway, all for now. I am very confident with both Wave and ITG. dad dog