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.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: jmhollen who wrote (76793)	1/14/2001 3:27:42 PM
From: jmhollen	Read Replies (1) \| Respond to of 150070

Inventor of ‘IT’ dampens speculation Project ‘promising,’ Kamen says, but hype is overblown REUTERS NEW YORK, Jan. 14 — The inventor who has been the subject of a frenzy of speculation over a new gadget said to be more important than the Internet has stepped forward to deny that he has any such “Earth-shattering” project in the works. ‘We have a promising project, but nothing of the Earth-shattering nature that people are conjuring up.’ — DEAN KAMEN inventor “We have a promising project, but nothing of the Earth-shattering nature that people are conjuring up,” Dean Kamen, president of Manchester, New Hampshire-based DEKA Research, said in a statement referring to one of his forthcoming inventions. Kamen, the millionaire inventor of devices such as a portable insulin pump and a wheelchair that climbs stairs, said he felt compelled to comment on speculation arising from an ”unfortunate, unapproved leak” in a book proposal about him. Kamen’s invention is reportedly the subject of a forthcoming book from Harvard Business School Press. The planned book about the mystery invention described it as having the backing of high-tech leaders such as Apple Computer Co. co-founder Steve Jobs and Amazon.com founder Jeff Bezos and to be of great social and economic importance, according to an article by Inside.com published on Tuesday. WashPost: Is 'IT' a wearable car? WAVES OF HYPE The story set in motion a wave of speculation in media and over the Internet as to whether the invention might be some revolutionary new type of computer, or some sort of personal transportation device that functioned like a Hovercraft. Kamen, who had remained quiet initially, issued a statement late Friday saying that several of the comments cited in the book proposal had been taken out of context. Harvard Business School Press has declined to comment on any plans for such a book. “The leaked proposal quoted several prominent technology leaders out of context, without their doubts, risks and maybes included,” Kamen said in a statement issued late on Friday. ”This, together with spirited speculation about the unknown, has led to expectations that are beyond the mere whimsical.” Kamen was recently awarded a National Medal of Technology. © 2001 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters.