Re: Crypto = Competitive Advantage?

At 2:17 PM 8/9/95, Duncan Frissell wrote:
>Note to Mr. Bill -
>
>I was watching CNBC this morning while reading my mail and they had a story
>on the Netscape Communications IPO (ticker NSCP btw).  Some analyst said
>when asked whether Microsoft couldn't just wipe them out that the most
>important part of Netscape's product was that it offered end-to-end
>encryption.  He said that this was important for the growth of the nets and
>was something that people wanted.

As long as the Netscape IPO topic has come up...

A former member of our list, Marc Andreessen, just became worth $70 million
or so in today's IPO. (IPO = Initial Public Offering, or "Internet PGP
Offering")

Personally, I think this valuation of Netscape at a few billion dollars is
way too high. They've got a leading product, which most folks have gotten
for free, and they've signed a bunch of corporate deals. But a few billion
for a brand new company?

...and who knows how many of their sudden multimillionaire developers will
now leave...?

Crypto could be the next big wave of IPOs, with "Verisign" and "RSADSI"
both rumored to be offered. Some of the digital commerce companies may be
next.

It seems that anything involving the Internet, the Web, and digital
commerce is really, really hot.

--Timothy C. May, President, Bank of the Web


Special note: My ISP has changed its domain name from "sensemedia.net" to
"got.net" (as in "got milk?"), so I have to again ask you all to bear with
me and use my new e-mail address, "tcmay@got.net".
---------:---------:---------:---------:---------:---------:---------:----
Timothy C. May            | Crypto Anarchy: encryption, digital money,
tcmay@got.net (Got net?)  | anonymous networks, digital pseudonyms, zero
408-728-0152              | knowledge, reputations, information markets,
Corralitos, CA            | black markets, collapse of governments.
Higher Power: 2^756839    | Public Key: PGP and MailSafe available.
"National borders are just speed bumps on the information superhighway."

> 
> It seems that anything involving the Internet, the Web, and digital
> commerce is really, really hot.

	The fire that burns twice as hot burns half as long. It may be
a cliche but it is quite applicable here I think.

-- 
sameer						Voice:   510-601-9777
Network Administrator				Pager:	 510-321-1014
Community ConneXion: The NEXUS-Berkeley		Dialin:  510-658-6376
http://www.c2.org (or login as "guest")			sameer@c2.org

Dear Mr. Bank President,

Seems? All of the Net' stocks are far outpacing my Coca-Cola shares
right now. And, my Coke stock is at all time highs. My Coke stock is
up 1150% in 10 years. Sizzling appears to be a better word for it.

Good Coke traders everywhere ARE trying to cash in on this very
fab trading pattern. It looks to me that Viacrypt would do really
well when PGP 3.0 comes out, particularly if it has a GUI interface.

And if TCMAY ever became a "pink sheet" stock, I'd stop everything
and buy some shares in it. 

Love Always,

Carol Anne

On Wed, 9 Aug 1995, Timothy C. May wrote:
> It seems that anything involving the Internet, the Web, and digital
> commerce is really, really hot.
> --Timothy C. May, President, Bank of the Web
> tcmay@got.net (Got net?)  | anonymous networks, digital pseudonyms, zero

Member Internet Society - Certified BETSI Programmer - WWW Page Creation
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