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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Sosmartinov who wrote (44891)	5/24/1999 3:51:00 PM
From: Witold	Respond to of 90042

Todays WAVX news with HAUP (!) biz.yahoo.com Monday May 24, 2:38 pm Eastern Time Wave Systems to be relisted on Nasdaq NEW YORK, May 24 (Reuters) - Electronic commerce software and hardware firm Wave Systems Corp. on Monday said its stock has been approved for relisting on the Nasdaq stock market. The Lee, Mass. company's shares will begin trading on the Nasdaq National Market on May 27 under the symbol ''WAVX.'' Wave Systems, which is currently traded on the over the counter market, had its stock delisted from the Nasdaq in October 1997 after it did not meet minimum bid price, market capitalization and other requirements, a spokesman said. Shares were up 4-9/16 at 23-1/2 in early afternoon OTC trading. The company will roll out its first ever product in June when Hauppauge Digital Inc. (Nasdaq:HAUP - news) begins selling digital TV circuit boards equipped with Wave Systems electronic commerce chips, the spokesman said. The Hauppauge WinTV circuit boards are used in personal computers to receive digital television signals. Hauppauge will load some circuit boards with Wave Systems secure transaction chips that allows PC users to buy and sell products they have seen online or on digital television content appearing on their computer screens. Under the pact with Hauppauge, Wave Systems will collect money generated from the electronic commerce service. The company sends the money to content providers after deducting transaction fees. Hauppauge and Wave Systems are entering into alliances with content providers and broadcasters to increase the range of products and services available to PC users with a WinTV circuit board installed on their machines. Wave Systems said it has a commerce agreement with Theglobe.com Inc. (Nasdaq:TGLO - news) and is looking for other partners.