Last updated: 4 August 2004 |
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Subject: meade celestron settlement Sent: Sunday, August 1, 2004 11:54:39 From: H L Keaton (rambler444@ellijay.com) I am a member of The Nexstar Group on yahoo as well as a Meade Group. There is a strong push by some in the Celestron group to wage a campaign to have the settlement not be inforced. This is to be done by E-mails to the FTC, Meade and others. I personally am glad to see a settlement that allows Celestron to keep its' GoTo line. This, I hope, will bring the quality of both companies products to a higher level as well as to encourage new innovative ideas instead of waging a legal battle tht could ultimately kill Celestron. I was just wodering what Mr.ETX (you) think of this situation. I do think 8% per scope plus the fofiture of future technology may be a little harsh on Celestron, but considering what could have happened, this has to be considered a win win settlement for both. Thanks Very Much, Hulett KeatonMike here: Anything that ends work for lawyers is a good idea! Since there was no monopoly involved (unlike another high profile case...) the settlement seems OK. I don't know the details of the case but if both parties have agreed, that is good.
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