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Friday - February 10, 2012

In my view, the Christian religion is the most important and one of the first things in which all children, under a free government ought to be instructed.. .No truth is more evident to my mind than that the Christian religion must be the basis of any government intended to secure the rights and privileges of a free people.
- Preface

1828 Noah Webster Dictionary

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In celebration of Noah Webster's Birthday (October 16, 2009), we have prepared an updated website.
Please update your bookmarks: http://www.1828-dictionary.com/d/word/choke

choke

CHOKE, v.t.

1. To stop the passage of the breath, by filling the windpipe or compressing the neck. The word is used to express a temporary or partial stoppage, as to choke with dirt or smoke; or an entire stoppage that causes death; to suffocate; to strangle. Mark 5.

2. To stop by filling; to obstruct; to block up; as, to choke the entrance of a harbor, or any passage.

3. To hinder by obstruction or impediments; to hinder or check growth, expansion, or progress; as, to choke plants; to choke the spreading of the fruit.

Thorns choke them. Matt 13. Luke 8.

4. To smother or suffocate, as fire.

5. To suppress or stifle; as, to choke the strong conception.

6. To offend; to cause to take an exception; as, I was choked at this word.

We observe that this word generally implies crowding, stuffing or covering. A channel is choked by stones and sand, but not by a boom.

CHOKE, v.i.

1. To have the wind-pipe stopped; as, cattle are apt to choke when eating potatoes.

2. To be offended; to take exceptions.

CHOKE, n. The filamentous or capillary part of the artichoke.

1828 Noah Webster Dictionary

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News: law

February 10, 2012
[12:26:01 AM] (PDT)

Weak constitutions result in under-evaluations

Myopia is generally what happens when unprecedented opportunities are placed before them. Those in the know generally do better than those in the worry. Consider Cetus, a startup biotech with a focus on a liver drug. The FDA delayed the approval of the drug, and a major funding crisis ensued. Chiron offered to take over the liabilities contingent on the sale of two patents (# 4,683,202 and # 4,683,195) to a third party, Roche Molecule for $300M (in 1993). This sale was stalled because DuPont challenged the validity of the patents, based on the formal claims written by the inventor (not a patent attorney), Kary Mullis. In the end, the soap opera turned out well for the investors with weak constitutions. For $300M, they sold the two patents to Roche, turned the company over to Chiron, and walked away. Kary Mullis won the Nobel prize for his invention embedded in these two patents, known as polymerase chain reaction (PCR) which allows DNA to be cloned. Over 4000 patents in biotech cite these original two patents. In our estimation, $300M represents "pennies on the dollar" valuation of these patents. The shareholders got a payday, and left the game. Roche on the other hand is thriving based on its intangible assets. Let IPstreet.com assist you.

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0.017892122268677|February 10, 2012 => 2:59 am