The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 10, 2005
Filed:
Sep. 13, 2000
Christopher William Preist, Bristol, GB;
Christopher William Preist, Bristol, GB;
Hewlett-Packard Development Company, L.P., Houston, TX (US);
Abstract
An electronic trading entity () comprises a computing device having a processor, memory, user interface, and communications functionality, the computer entity comprising an algorithm () for monitoring a plurality of auction entities remotely over the internet; a algorithm () for calculating bids and for purchase of goods/services with a plurality of auction entities; an algorithm () for selecting individual auction entities with which to trade; a web browser () to allow a user to search for auction entities and add these to a stored list of entities at the bidding device. Bid calculation and offer calculation algorithms operate to optimally place bids at a lowest overall cost to the trading entity, or place offers with the object of obtaining the highest overall monetary figures for goods or services for sale by the trading entity.