Friend, 01 14 96 Edupage includes: MICROCASH Digital Equipment filed a patent last August for a payment system called Millicent, which enables Web-site operators to charge as little as a tenth of a cent for each customer "hit." The system relies on middle-men --credit card companies or digital banks -- to handle the transactions, but its novelty lies in its cost-effective design geared toward tracking minuscule amounts of cash. To keep disk storage at a minimum, security measures providing privacy and a trail of signed re- ceipts are not included in the system, but proponents point out that would-be cyberthieves would have to crack a lot of trans- actions -- 10,000 at 0.1 cent each -- to make just $10. "There are easier ways to make 10 bucks," says Millicent's inventor. (Business Week 15 Jan 96 p90) Cordially, Jim