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

To: andrew peterson who wrote (7051)	5/24/1999 10:58:00 PM
From: SDR-SI	Read Replies (1) \| Respond to of 11417

Andrew, Slate, Ron and John: I agree with your points and I believe that there is a wide range of non-digital-content e-commerce activities in which WAVE/EMBASSY can have a central participation, including product delivery transactions in which the WAVE/EMBASSY function replaces just the usual credit card authorization and billing parts of the transaction. In such activities it would not appear that WAVX would have the physical fulfillment liability any more than AMEX, VISA, or M/C now do. I would not be surprised if eventually, since we are a SERVICE company, that type of activity becomes reasonable to undertake. However, my interpretation of Peter's and Steven's objective at this particular time is to try to immediately fill the commercial needs that no one else can fill (metering and content distribution control) and to leave the competing with the less challenging, already-established routine financial servicing of product sales for future undertakings. Why immediately allocate resources to take on and compete with AMEX, etc. on their own turf, where they have set the rules, when we can concentrate on the area of content control with no established competition and with us setting the rules? If, indeed, my interpretation is correct, it appears to be a sensible way to start out. It also lets us begin a relationship with the card companies in which we are bringing them new business, rather than taking away business from them. JMHO Steve

To: andrew peterson who wrote (7051)	5/24/1999 11:14:00 PM
From: ecommerceman	Respond to of 11417

<<And it's especially great to know that no one will ever again ask the question...does anyone have any information about when WAVX will be re-listed on NASDAQ?>> Man, if there's a statement that rings more true than that, I can't imagine what it would be! Congratulations to all longs--we've been waiting for this moment for a long time, to say the least. And Trippi, it will be interesting to put your theory to the test on whether or not relisting will give us a bump or not. Right now it looks like the news is good, but the proof will ultimately reside in the pudding...