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To: Maurice Winn who wrote (36902)7/22/1999 9:54:00 PM
From: gdichaz  Read Replies (1) | Respond to of 152472
 
OTOTOT Maurice: How can I agree with you after my post on Greenpan? The trouble is - I do - mostly. You are a very persuasive person.

Have read your posts on the economy and Q shares as currency with admiration. Hate to admit it, but this is another perceptive one.

But. You are assuming that Greenspan knows what he is doing and that he is choosing to use words as the lesser evil to bedevil (and fool) the "markets". You may just be right.

Again but. He has shown in the past a willingness to take stupid action in raising interest rates (persuading his fellow Fed'ers to do so) and raised them and raised them. The last recession is his work IMO.

Clearly the real situation is as you say. We are in a deflationary period - except that taxes and other stuff keeps prices from falling as they should - something that would benefit us all as consumers and the economy as long as the fall is gradual and doesn't spiral down..

And sometimes he gets a little help from his friends - keeping lamb prices up by keeping NZ lamb out - hurting us as consumers.

Fun stuff, no?

Chaz



To: Maurice Winn who wrote (36902)7/22/1999 11:19:00 PM
From: Boplicity  Read Replies (1) | Respond to of 152472
 
Bose Jr in patent row with MIT over software radio

From: Mohan Marette

Bose Corporation:
(Papas shop)
bose.com

Jr's residence:
vanu.com
sds.lcs.mit.edu

Bala Murali Krishna (ET online)
New York 21 July

VANU Bose, son of the man who designed the high-quality Bose audio systems, is locked in a battle with his alma mater, the Massachusetts Institute of Technology (MIT).

The junior Bose, who heads a start-up called Vanu Inc, is seeking exclusive rights to a technology he developed and patented as a PhD student at MIT. But he is only listed as its inventor. The MIT holds the patent and is not ready to do what it did years ago to the senior Bose — give away technology developed at its lab for nothing.

At the heart of the current dispute is the software radio, which can enable use of a number of wireless devices — such as a cellular phone and door-opener — on a single system.

Vanu Bose says MIT demanded $1.25m in licensing fees over 8 years in addition to royalties and an equity stake in Vanu Inc. The junior Bose, 34, considers this unfair and is no longer looking for a simple deal for his company but an equitable solution that is fair to all students caught in similar tangles. “Our goal now is to try and effect a policy change” at MIT, he said. He questioned the MIT demand for cash payment by a start-up and of equity because “they (MIT) are not taking any risk” in Vanu Inc. “I feel the deal can be one or the other,” he said. — IANS