Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (48323)	7/30/2000 1:37:33 PM
From: Dan3	Respond to of 93625

Re: Rambus' patent scheme is being improved over in Russia: Is Intellect a Rambus subsidiary? Late last year, Intellect applied for and won a patent from Russia's official patent office for "glass containers." Not just a specialized bottle in a fancy shape--all bottles. This spring, the company sent letters to Russian breweries informing them that use of the bottle requires royalties to the tune of 0.5 percent of gross revenue from beer sales. ... Stock investors beware: It has become common practice for directors of Russian companies to issue new stock, diluting your holdings while augmenting theirs. ... Intellect is dedicated to taking out patents on well-known objects and then seeking royalties for their use. It has patented commonly used construction items, such as nails and railroad tracks. Last October, it received its patent for glass containers by filing an elaborate description of an object with complex characteristics, illustrated by line drawings of "oblique conic sections." It boiled down to bottles. "We looked around and saw a number of items that came under our patent," said Valery Makarov, Intellect's vice president. "We wrote 11 breweries and offered to cooperate with them." ... A visiting reporter noted that Intellect's schematic drawings of the "glass containers" presented to Rospatent looked exactly like illustrations in the earlier patent request for nails. "There may be a methodological similarity in the pictures," he said, but quickly changed tack. "Look, we don't want war. Opposition to us is based on a sense of damaged self-esteem. Our rivals are just sorry they didn't think of it first." washingtonpost.com