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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Jon Stept who wrote (13679)	10/19/1999 2:32:00 PM
From: Rande Is	Respond to of 57584

Jon, I could have a patent pending on the telephone if I wanted. . . doesn't mean a thing. Only AWARDED patents have any value whatsoever, and if the U.S. Patent and Trademark Office determines that latecomers have not demonstrated any substantially new invention, but is merely a re-work of an already issued patent. . .they will deny the application. In order to have a product that is patent pending. . .you make the product, then place a notice of Patent Pending on the product. . . then you have something like 6 months to file your application with fees. . .but 99.? percent of all patent applications are denied. So, my guess is that Hear.com will catch any and all patent applications that are similar to theirs. . .then file a complaint on similarity with the PTO. . . this forces the PTO to compare directly with the existing issued patent. So the answer is this:. . .first, I don't believe this start up will be granted any patent. Second, Hearme.com will fight them at the patent level and are probably already drawing up papers to sue them for infringement. And finally, I had trouble getting that website to even work. Bottom line is this. . . you can invent a phone that uses light beams for data transmission [if not already invented] . . but if you try to 'invent' one that uses hard wire, microwave or satellite, or any other awarded patent. . .you will not have invented anything and will be denied. . . And heaven help your company if you relied on getting a patent. And that is why I believe Hearme.com has a strong footing. . .and will most certainly be considered a MAJOR contributor to the broadband internet in the years ahead. And whether they buy up similar technology or sue those that infringe. . .the point is moot. They hold the patent. . . And once all these requests to CNBC for a CEO appearance take hold, we should HEAR an announcement of such. . . which should cause a spike that stings those holding short. EDIT: Looks like something similar is happening as I type. MMs hiking price on no trades. Rande Is