Wolfgang Nickl

Internet Based Computer System And Method For Component Exchange

Application

#6954733 Oct 11, 2005

Filed

Apr 21, 2000

Inventor

James S. Ellis (Laguna Niguel, CA) · Wolfgang Nickl (Irvine, CA)

Appl. No.

09/557040

Assignee

Western Digital Ventures, Inc. (Lake Forest, CA)

International Classification

G06F017/60

U.S. Classification

705 26, 705 37

Abstract

A system and method for providing a computer component exchange in a network for executing buy orders for purchasing computer components is disclosed. A plurality of owner-processors are electrically connected to the network. At least a first owner-processor is adapted to transmit electronic buy orders through the network for purchasing computer components. At least a second owner-processor is adapted to receive buy orders from the network. The system comprises an exchange server complex that is electrically connected to the network having plurality of investment instruments comprising shares of ownership interests in the exchange server complex that are stored as data records in an accounting database. At least some of the owner-processors are capable of being associated with at least one of the shares, thereby defining an ownership interest in the exchange server complex for a proprietor of the respective owner-processor. Data stored in the accounting database represents allocation of net profits from fees charged for transactions in the exchange server complex among the owner-processors that are associated with the shares.