they going to sell it for $17 per pease.
and the contract is only for 7 years after that they put it in the genral market.
according to my attorney my invention is more an idea cause is very simple it is like make a pencil.
so he recomend me to accept it.
i'd like to know your opinion
2006-07-25 18:34:28 · 8 answers · asked by Anonymous in Computers & Internet ➔ Other - Computers
no way thats a bad deal .. i hope you have the copyrights of your invention??? otherwise you're stuffed. check out other companies and also try the invention convention, there would be one somewhere near you!
2006-07-25 18:41:00 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Do you trust your attorney? How long has he been working as an attorney with cases like these? If he's experienced, go ahead and accept it.
On the other hand: you may wanna see if Dell can put your invention in the general market after 3 years, and keep paying you for your invention for the 7 years. If they accept that, they will probably cut the percentage they will give you (the sooner an invention hits the general market, the sooner it will be copied, meaning less income for Dell, hence the lower percentage).
2006-07-26 01:40:09 · answer #2 · answered by pete_can_do 5 · 0⤊ 0⤋
Wow an invention huh? I don't really know what to say. I mean you did come up with it but if it is that easy maybe you should just go for it. And if you don't really like that idea, perhaps you can try putting it out on your own, you know, getting it approved etc. 10% is kind of low though, but your lawyer should know what he's doing. I'm sorry but for something like this I guess you're on your own, and shouldn't rely too much on what we say cause if anything happens you'll only regret it.
2006-07-26 01:40:53 · answer #3 · answered by MSE 1 · 0⤊ 0⤋
Is your attorney a patent attorney? If no, I'd suggest speaking to a patent attorney -- someone that specializes in this area of law. If yes, there's no harm in getting a second opinion. It could well be worth the expense if it ends up working in your favor.
Hope that helps!
2006-07-26 14:36:53 · answer #4 · answered by TM Express™ 7 · 0⤊ 0⤋
You could go to other companies, take bids. I'd agree with your attorney, though- 10% IS pretty generous.
How many of these things do they expect to sell in the next 7 years?... figure out the estimated return... See if it's worth it to you to go elswhere.
2006-07-26 01:44:02 · answer #5 · answered by Yoda's Duck 6 · 0⤊ 0⤋
10% per piece is good enough for start. Dell is big company and you will get your fortune for almost 7 years, really a good start. If you cannot find another company (if same commission then just give it to Dell), then I think accept it.
2006-07-26 01:45:59 · answer #6 · answered by VBACCESSpert 5 · 0⤊ 0⤋
I would accept. Here's why...$17 per piece times 1000 units a day is $17000 a day, times 365 days a year. You do the math and count your blessings.
2006-07-26 01:42:04 · answer #7 · answered by Michael T 2 · 0⤊ 0⤋
Try other computer companies first. Your only other option is to market it yourself.
2006-07-26 01:37:34 · answer #8 · answered by rockupu 2 · 0⤊ 0⤋