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Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: bill c. who wrote (4492)	10/28/1998 9:33:00 AM
From: Melissa McAuliffe	Read Replies (1) \| Respond to of 9236

I had dinner last night with my uncle who is a very senior experienced patent attorney. Perfect timing. We were talking about this. This whole patent approval process is not nearly as simple as I thought. One big thing......no one knows if anyone else has applied for patents on the same technology. Could be some guy working out of his garage in Iowa. There's some famous case called Lemuelson where this one guy had patents on tons of stuff (the only one I remember is barcoding technology) and it never came out until someone big applied for the patent or released the technology, etc. Unfortunately once a patent is applied for in this country, no one has access to the information in it. So when you do a patent search as part of your application process you can only search for approved patents. If AWRE is awarded the patent for their technology and if this specific technology is used by anyone regardless of whether they have a licensing agreement with AWRE, they will face a patent infringement suit. He said if their technology is the worldwide standard and if they get the patent approval he'd buy some stock...So I guess we have to wait..When is this approval supposed to be announced anyway?