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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: Ted B. who wrote (4098)5/12/1998 5:50:00 PM
From: barry bushell  Read Replies (1) of 6467
 
With respect to the lawsuit with Trooper, I have a problem with Thermo's argument, as expressed in your report of your conversation with Mr. Branconnier, that "this is in fact new technology and not simply an improvement of the old technology."

My problem is that "new technology" and "improved technology" are not exclusive classes. Most things are both "new" and "improved" at the same time.

My uncle received a patent for a water pump which was a very slight improvement over former water pumps.

If something isn't entirely the way it was, then it is "new" in a sense. If the change is for the better, then it is improved.

It seems to me that current Thermo technology for the thermophilic process and its supporting equipment is "new" alright. But it is also "improved." Therefore, it should be turned over to Trooper by virtue of the licensing agreement.

To be excluded by the licensing agreement, I think that Thermo would have to come up with a type of thermophilic plant that was so different that it couldn't be considered to be an improvement on models that had gone before. I don't think that Thermo has done that. If they have, then I need it explained to me.

Barry Bushell
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