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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: Urlman who wrote (578)8/25/1998 4:01:00 PM
From: Marty  Read Replies (2) | Respond to of 2004
 
Thanks for the link to the article. Following is an excerpt for those who want the short version referring to OMKT.

"And Open Market Inc., which was issued three patents in March covering key aspects of Net credit-card payments and online shopping carts, said it's pursuing talks with a variety of companies on licensing agreements but is mum on the status of those talks.

However, those that are attempting to enforce their patents admit there's always the danger a company may attempt to use its patent to stall competitors or extort fees but argue there's more to be gained by playing ball.

"It makes more sense to license and reap the commercial benefits of your invention," said Jay Walker, chairman of Priceline. "If you don't license - under fair conditions - you're motivating people to take you to court or find some way to get around your patent," he said. "

To me, this is stating the obvious once again. It is like being hungry for a steak and getting cotton candy. They have been mum a long time already... what gives?

Just noticed this article about another OMKT alliance. This is more like it.

Message 5575600