home *** CD-ROM | disk | FTP | other *** search
- <text id=89TT2297>
- <title>
- Sep. 04, 1989: American Notes:Libraries
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1989
- Sep. 04, 1989 Rock Rolls On:Rolling Stones
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- NATION, Page 17
- American Notes
- LIBRARIES
- The Great Patent Heist
- </hdr><body>
- <p> Slipping rolls of microfilm into briefcases, the thieves
- evaded detection so effectively that their heists went
- unnoticed for weeks at the libraries of 13 major universities.
- When the operation ended, apparently in July, their collection
- of 3,000 reels was complete: a microfilm record of nearly every
- patent issued in the U.S. since 1969.
- </p>
- <p> Why steal patents? Even a curious spy can buy a copy of any
- single patent for $1.50. Still, a roll of the microfilm sells
- for about $100, and the full set could be worth at least
- $100,000 to inventors who must explore the past before pursuing a
- new idea. The FBI's best guess is that the thieves hope to sell
- duplicates at cut-rate prices.
- </p>
-
- </body></article>
- </text>
-
-