Barry's contribution mentioned up top was to write a book called Pirattitude.
Actually, that book was written by the guys who created Talk Like a Pirate Day - Dave just did the introduction. His real contribution was to write an article about the day in 2002...
Wow, this one sure went way over some people's heads here...
All I can think of when reading the rest of the replies to this post is that scene in Clerks II - "I made fun of "Lord of the Rings" so hard, it made some supergeek puke all over the counter!"
I just got tired of games crashing my computer. Or segfaulting in the middle of the action.
I'd say lately I have played about 60/40% PC/console games - in fact, I can't remember the last crash on a PC game (maybe Oblivion a couple months ago?) while PGR3 on the 360 has crashed on me a few times, and NHL 2K6 was a TOTAL disaster (maybe I'll try to get about $3 for it used once EA NHL 07 comes out tomorrow...)
I'd insert the obligatory joke about the 360 just being a Windows box anyway, blah, blah, so what's the difference, but it's really not... in fact, when both games crashed I was able to get back to the Dashboard, which I was somewhat impressed with for a console. I think it was more a matter of rushing some of the 360 titles out on the developers' parts than any fault of the console HW or OS. Which IMO has been one of the main differences between PC and console stability in the past - more thorough QA process. I think the other - predictable hardware - is going to be more of a problem in the future as developers port to every console they can find, spreading the testing a bit too thin...
The "idea" you're so excited about, is the idea of a markup language, and links, which existed LONG before HTML.
Honestly HTML (and moreover XML) annoys me. But it's damn popular, and it works. Of course markup languages have existed before HTML. TBL was in fact experimenting with markup languages 25 years ago. I'm sure someone else was thinking about it well before that. So what?
The format happens to be HTML, but HTML didn't enable the process, or the technology to do it... any more than the PNG image format did.
To be honest, the more important concept was HTTP. Another dead simple implementation. But neither you nor I came up with it, he did. And made it practical. Lucky him. I think that deserves some credit.
What is more he did it in a way that helped insure its wide adoption. But it NOT a fundamental contribution at a level deserving of Nobel recognition, or a prize touted as being equivalent to a Nobel Prize.
That's funny, if you read Alfred Nobel's original grant and will, he was more concerned with ideas that "shall have conferred the greatest benefit on mankind". As I'm sure you know, it's not all physics and chemistry - scientists have won Peace prizes (Pauling, or as you mentioned, Bourlag), rewarding their advocacy and dedication as much as their research. Besides, it's not like the Nobel prize is some absolute scale of "fundamental contribution" as you say - it's as full of politics as any award of its nature. I guess I agree that comparing other awards to it is fairly arbitrary, but not because it is somehow fundamentally "better" than other prizes, just different - "deserving" shouldn't enter into the comparison. Not that I'm even a fan of TBL any more than any other winner of a prize of that type. Going back to my original post, I just thought it seemed, if anything, contrary to the whole concept of Nobel's bequest that TBL's contributions (in technical, administrative, or advocacy roles) would somehow be considered less significant than others when taken as a whole (as Nobel intended).
For example how is the invention of HTML such a big deal?
Thanks, you have neatly summed up the term "academic arrogance". I'm not going to argue that HTML is a particularly complex invention, but the impact of this simple idea is probably larger then the research of 95% of the Nobel prizes awarded in the last few decades. Oh no, TBL doesn't have a PhD, and sometimes worked in industry! Despite this, HTTP (even simpler than HTML, yet even more ubiquitous) and HTML evolved over years of his research and development...
Would it be too blatantly obvious to mention it enabled the publishing of your comment in the first place?
Samsung isn't the new Sony - they have far surpassed whatever ever Sony was by now!
I just walked around their booth (hah! ok, their "massive quadrant of the show floor") at CES 2006 and just shook my head in amazement. They are the largest flash manufacturer (as well as having a large share of the phones, mp3 players, cameras, flash cards, etc that use it), they are the largest LCD panel manufacturer AND one of the larger plasma panel manufacturers (why worry about competition? Just sell them both!) meaning they make consumer TVs and a lot of the panels for other TV manufacturers. They may even be playing both sides of the Blu-Ray/HD-DVD war. I read they are not only providing all of the flash for Apple's iPods, but will be providing a custom CPU as well...
And I agree with you, not only is their volume astounding, they have been first to market with a lot of innovations (LED DLPs, LED backlights for LCDs, high density flash) and at prices Sony has never come NEAR matching:)
I don't know if they have removed the fan altogether, but they have removed the color wheel (one less thing spinning at 10k+ RPM...) and the LEDs generate a LOT less heat than the traditional bulb, so I'd imagine it's effectively silent.
Going a bit off topic (well, not really, we're talking TVs!) Sony was showing off a prototype SXRD (ie LCoS) TV at CES 2006 that was about a foot deep (they had it hanging on a wall). Combine these innovations in projection TVs (true 1080p DMD/LCoS chips, LED lamps, thin cabinets, etc) and amazingly they may start taking some of the plasma/LCD market segment, ie low footprint HDTVs - especially in the 50"+ range, where there is a huge price advantage for projection TVs.
How about putting the driver on the board with a ROM chip , use hardware encryption or some other hardware DRM to protect it, which could be flashed to update it, etc.
This is exactly what the original poster was explaining... now you are asking for an extra/larger flash chip on the board, possibly with encryption hardware, etc. Even if this only adds $1-2, multiply that by a couple million cards and that's a significant margin.
I'd heard about the Smirnoff deal for the movies, but, I've never found anything yet to confirm it.
It all makes sense now! Dish Network (via VOOM FilmFest channel) had an HD James Bond marathon last month, and I was surprised that I recognized a Smirnoff vodka bottle in 2 of the 60's movies (can't remember which, after about 12 James Bond movies over a week they all sort of blended together;) I had never heard of a deal, but I definitely believe it.
In fact, Tomb Raider was the biggest section of the article from 1996.
Tomb Raider appeared, cross-platform, at the same time as Mario 64 - and like Mario 64, it offered an example of a third-person adventure through 3D space. Lara was to Mario as Sonic had been, five years earlier: a rung up the age ladder. She had boobs; Nintendo kids were now interested in boobs. She offered a grittier, more adult world and more highbrow game design - based more on Prince of Persia than on Donkey Kong. And, at least with the first game, you could play with her whether you owned a Saturn, a PlayStation, or a PC.
The article was way too console focused, though. I agree that 1996 (actually to be truthful 96-97) was a great gaming year, but not for consoles, for PCs! IMO it was basically THE origin of most new technology for modern PC games. 3dfx released the Voodoo card, the first truly high performance 3D accelerator (my first 3 games to use it were Quake, Interstate 76, and Mechwarrior 2 if you care:). Networked gaming finally took off beyond the (amazing but) relatively simplistic DOOM/Descent games to the RTS - Warcraft II, Command & Conquer (yeah late '95 but really got going in '96), and Diablo and Ultima Online in '97 (which is why I have to include '97, too). 3D HW acceleration, mature networking, the 3D FPS, and the RTS explosion... it's almost sad to see how little innovation has happened since...
Otherwise I am willing to post you a CD/DVD containing the entire source code (original and my modifications).
Suppose 50 people a day ask for this, and you are the only one maintaining the distribution?
I guess you could look at it is a full time business opportunity, but should that really be forced upon you just by making a few useful changes to another Linux distro? Even so, I'm not sure I'd relish turning my job into a day full of DVD-burning and stamp-licking...
The point of the article is that this could be prohibively expensive/time comsuming for the smaller distro maintainers to support this. To quote the article, "[Woodford] would prefer to be concentrating on polishing his latest release."
I'll wait until one of the formats has a player under $100. 720p is fine for now.
What source could you have that is 720p but not 1080i? I would have agreed that on a smaller (heh and by that I mean <= 42";) display 720p is just fine, or on a bigger display 1080i is practically the same as 1080p for movies (movies are less than 30fps anyways so 60 interlaced fields is plenty) - but as far as I know there are no 720p only sources...
With different NTSC sources, the vertical resolution (480i) is not the issue, it's the horizontal resolution.
VHS is about 240 vertical lines (yes, confusingly called horizontal resolution). SVHS is much better, around 400, but as you said (sort of) since it's analog tape it is more susceptible to noise/degradation/etc. DVD is a solid 480 lines. The important thing here is VHS movie rentals/sales are all standard VHS, not SVHS, so the resolution improvement of DVD is significant.
I do agree with you wholeheartedly on the 480i to 1080p upgrade being a LOT more significant than people give credit. They just have not seen a 1080i HD movie (available on DTV/Dish/cable now) on a 50"+ 1920x1080 capable display...
Ya, but Laserdisk was not a storage medium for personal computers. Nor was it backwards compatible with VHS.
True - and don't forget that laserdiscs (and players) also cost a lot more than DVDs do ($30-$40+ was typical - it was even higher when LD first came out). I'm amazed how many mainstream movies are available on DVD for $10-$15. I think now that the studios have learned that a "Walmart price point" can give even a crappy movie an extra $100M in revenue, we won't see that much of a price difference between high def vs standard def DVDs. Add to that the fact that the copy protection is a better, and that they will have to convince many people to upgrade movies they already own on DVD, and we're going to see some very competitive pricing.
And if this is the case, I don't know how well that bodes for BluRay. If consumers are presented with two new "DVD players" with nearly identical features, but one is half the price and does 1080i instead of 1080p... which player are they going to buy? Probably the HDDVD "DVD player".
Well, that gets us back to the actual article "How the PS3 Hit $600" - the current "cheap" Toshiba HD-DVD player is $500 (and based on reviews I have read, it's a POS). Either it will have to drop in price by 50% in the next 6 months, or it will be more a decision of "I can buy a new movie player for $500, or a cutting edge game system PLUS movie player for $600." Which of course is what Sony is hoping will happen. And if they are right, I think the majority of Blu-Ray players sold in 2007 will actually be PS3s. We'll see if they are right, or screwed...
The only way Google could be up by an order of magnitude 20 years from now is if they even more completely dominated the market they are presently in.
Duh, or maybe they could expand into or even create new markets, like many other companies have done given similar cicumstances.
Anyway, I wasn't saying it would happen, I was saying IF people knew that with perfect knowledge the future growth then the stock price NOW should reflect that, hence basing an opinion entirely on a single P/E comparison with eBay is rather silly.
To be honest, I really don't have much of an opinion of Google's future either way (and don't own any Google stock). I was just explaining the theory of a stock price reflecting future expectations/knowledge. That's just an economic theory anyway, but at least it's a more solid basis than whatever personal axe you or the other poster may have to grind.
Having a seperate 'Google' section is ridiculous. There should be a 'Business' section for Google topics instead.
BTW I don't usually nitpick spelling/typos, but given how often you post at least spellcheck your sig...
Not totally, if you were in early (IPO) you made money, but not now.
I'm sure that's what everyone said about Microsoft, Apple, Cisco, Intel, etc. You didn't have to buy MSFT in 1986 to make money from it.
Look, I use Google all the time... but I fail to see how they make one dime from me.
Well, isn't that really your lack of understanding of their business, not theirs?
ebay is 2/3 the price of goog (P/E ratios), so, right off the bat, goog stock ought to drop $100 USD just to be priced similar to eBay... then, maybe both of the aforementioned stocks could drop in value by half again, just to be priced more in line with other stocks... (P/E 20-ish).
Again a lack of understanding... stock price is theoretically based on the present value of EXPECTED income. P/E is based on past earnings. For steady/slow-growing companies it may a useful comparison, but if investors think Google's income will grow significantly faster than eBay's (which is very possible, though of course nothing is certain) it makes perfect sense for it to be higher.
If you knew for a FACT ("perfect knowledge" being key to the fundamental value of a stock) that Google's earnings would be up by an order of magnitude in 20 years, you'd be stupid not to go buy as much as you can right now. Of course, no one can know that for a fact, which is why things like P/E are used as (one of many) ways of guessing at future earnings...
This is amazing! Zonk (who I'm sure will not be reading this lowly comment) - what the hell!? My reaction to this is just plain indescribable. I think this has finally done it - I have been a daily/. reader for the last 7 years, but this article may be the official shark-jumper. WOW. W-O-W.
The actual released specs list only 4 differences:
1. 20GB vs 60GB HDD - the XBox360 is a choice of 0 vs 20GB. How is the XBox360 upgrade genius here? 2. Memory stick, etc - no other console has it or has had it. Not missing much unless/until Sony actually writes software that would use it anyway. 3. no 802.11g - no other console has it, and you can always add it via a gaming adaptor. 4. no HDMI - no other console has this, and it will still support HD output via component.
From TFA: "I don't know what kind of arcane magick will have to be executed to give a crippled PS3 actual functionality." That is just plain stupid. So it's missing HDMI, and that means it's useless??? Besides, BluRay will only refuse to play HD over component if the studio sets that flag on the disc, and Sony has already said they don't have plans to do that with their movies.
Actually, one HDMI issue I am surprised there has been no mention of - Sony was bragging previously about dual 1080p capable HDMI outputs, that seems to have quietly disappeared from even the higher end box...
Way to completely miss the point of what the parent said: most employers don't hire by searching resumes on the web. While it's possible it's true that having a recruiter find your resume and contact you means they're really into you, that doesn't change the fact that the huge majority of jobs are acquired by applying for them, not being offered them.
Way to miss his point - it's just not true! Of the last 10 people we have hired, only 1 was from a direct resume submittal to the company. About 2-3 were from the in house recruiter searching for resumes, and the rest were from headhunter submissions. And looking from the other perspective, the last time I was interviewing, blind submission of a resume to a job req got me all of ZERO responses, posting to a job board got me a couple, and networking (ie giving it to a friend/former coworker at the place I was interested) got me an interview at almost every single one.
A lot of the job posts for (engineering at least) positions at tech companies are just to satisfy immigration requirements, where an "attempt" (as feeble as it may be) must be made to fill the job with a current legal US resident before sponsoring an H-1B visa. While they may not mind getting qualified resumes submitted for that position, rarely does anything ever come of it...
Slashdot Mirror
Barry's contribution mentioned up top was to write a book called Pirattitude.
n ists/dave_barry/4018055.htm
Actually, that book was written by the guys who created Talk Like a Pirate Day - Dave just did the introduction. His real contribution was to write an article about the day in 2002...
http://www.miami.com/mld/miamiherald/living/colum
Wow, this one sure went way over some people's heads here...
All I can think of when reading the rest of the replies to this post is that scene in Clerks II - "I made fun of "Lord of the Rings" so hard, it made some supergeek puke all over the counter!"
I just got tired of games crashing my computer. Or segfaulting in the middle of the action.
I'd say lately I have played about 60/40% PC/console games - in fact, I can't remember the last crash on a PC game (maybe Oblivion a couple months ago?) while PGR3 on the 360 has crashed on me a few times, and NHL 2K6 was a TOTAL disaster (maybe I'll try to get about $3 for it used once EA NHL 07 comes out tomorrow...)
I'd insert the obligatory joke about the 360 just being a Windows box anyway, blah, blah, so what's the difference, but it's really not... in fact, when both games crashed I was able to get back to the Dashboard, which I was somewhat impressed with for a console. I think it was more a matter of rushing some of the 360 titles out on the developers' parts than any fault of the console HW or OS. Which IMO has been one of the main differences between PC and console stability in the past - more thorough QA process. I think the other - predictable hardware - is going to be more of a problem in the future as developers port to every console they can find, spreading the testing a bit too thin...
The "idea" you're so excited about, is the idea of a markup language, and links, which existed LONG before HTML.
Honestly HTML (and moreover XML) annoys me. But it's damn popular, and it works. Of course markup languages have existed before HTML. TBL was in fact experimenting with markup languages 25 years ago. I'm sure someone else was thinking about it well before that. So what?
The format happens to be HTML, but HTML didn't enable the process, or the technology to do it... any more than the PNG image format did.
To be honest, the more important concept was HTTP. Another dead simple implementation. But neither you nor I came up with it, he did. And made it practical. Lucky him. I think that deserves some credit.
Oh, a chip on one's shoulder, eh?
Yeah, that was a bit inflammatory... but...
What is more he did it in a way that helped insure its wide adoption. But it NOT a fundamental contribution at a level deserving of Nobel recognition, or a prize touted as being equivalent to a Nobel Prize.
That's funny, if you read Alfred Nobel's original grant and will, he was more concerned with ideas that "shall have conferred the greatest benefit on mankind". As I'm sure you know, it's not all physics and chemistry - scientists have won Peace prizes (Pauling, or as you mentioned, Bourlag), rewarding their advocacy and dedication as much as their research. Besides, it's not like the Nobel prize is some absolute scale of "fundamental contribution" as you say - it's as full of politics as any award of its nature. I guess I agree that comparing other awards to it is fairly arbitrary, but not because it is somehow fundamentally "better" than other prizes, just different - "deserving" shouldn't enter into the comparison. Not that I'm even a fan of TBL any more than any other winner of a prize of that type. Going back to my original post, I just thought it seemed, if anything, contrary to the whole concept of Nobel's bequest that TBL's contributions (in technical, administrative, or advocacy roles) would somehow be considered less significant than others when taken as a whole (as Nobel intended).
For example how is the invention of HTML such a big deal?
Thanks, you have neatly summed up the term "academic arrogance". I'm not going to argue that HTML is a particularly complex invention, but the impact of this simple idea is probably larger then the research of 95% of the Nobel prizes awarded in the last few decades. Oh no, TBL doesn't have a PhD, and sometimes worked in industry! Despite this, HTTP (even simpler than HTML, yet even more ubiquitous) and HTML evolved over years of his research and development...
Would it be too blatantly obvious to mention it enabled the publishing of your comment in the first place?
Samsung isn't the new Sony - they have far surpassed whatever ever Sony was by now!
:)
I just walked around their booth (hah! ok, their "massive quadrant of the show floor") at CES 2006 and just shook my head in amazement. They are the largest flash manufacturer (as well as having a large share of the phones, mp3 players, cameras, flash cards, etc that use it), they are the largest LCD panel manufacturer AND one of the larger plasma panel manufacturers (why worry about competition? Just sell them both!) meaning they make consumer TVs and a lot of the panels for other TV manufacturers. They may even be playing both sides of the Blu-Ray/HD-DVD war. I read they are not only providing all of the flash for Apple's iPods, but will be providing a custom CPU as well...
And I agree with you, not only is their volume astounding, they have been first to market with a lot of innovations (LED DLPs, LED backlights for LCDs, high density flash) and at prices Sony has never come NEAR matching
Leela: "Animals eat other animals. It's nature."
Free Waterfall Junior: "No it isn't. We taught a lion to eat tofu."
Lion: *cough* *pause* *cough*
Anyway, my LCD is actually "silent", and I love it. Unless DLPs become fan-less I'll never buy one again.
7 9w-dlp-with-led-backlight/
Funny you should say that... Samsung finally shipped their LED-based DLP a few weeks ago.
http://www.engadget.com/2006/01/06/samsung-hl-s56
I don't know if they have removed the fan altogether, but they have removed the color wheel (one less thing spinning at 10k+ RPM...) and the LEDs generate a LOT less heat than the traditional bulb, so I'd imagine it's effectively silent.
Going a bit off topic (well, not really, we're talking TVs!) Sony was showing off a prototype SXRD (ie LCoS) TV at CES 2006 that was about a foot deep (they had it hanging on a wall). Combine these innovations in projection TVs (true 1080p DMD/LCoS chips, LED lamps, thin cabinets, etc) and amazingly they may start taking some of the plasma/LCD market segment, ie low footprint HDTVs - especially in the 50"+ range, where there is a huge price advantage for projection TVs.
How about putting the driver on the board with a ROM chip , use hardware encryption or some other hardware DRM to protect it, which could be flashed to update it, etc.
This is exactly what the original poster was explaining... now you are asking for an extra/larger flash chip on the board, possibly with encryption hardware, etc. Even if this only adds $1-2, multiply that by a couple million cards and that's a significant margin.
I'd heard about the Smirnoff deal for the movies, but, I've never found anything yet to confirm it.
;) I had never heard of a deal, but I definitely believe it.
It all makes sense now! Dish Network (via VOOM FilmFest channel) had an HD James Bond marathon last month, and I was surprised that I recognized a Smirnoff vodka bottle in 2 of the 60's movies (can't remember which, after about 12 James Bond movies over a week they all sort of blended together
In fact, Tomb Raider was the biggest section of the article from 1996.
:). Networked gaming finally took off beyond the (amazing but) relatively simplistic DOOM/Descent games to the RTS - Warcraft II, Command & Conquer (yeah late '95 but really got going in '96), and Diablo and Ultima Online in '97 (which is why I have to include '97, too). 3D HW acceleration, mature networking, the 3D FPS, and the RTS explosion... it's almost sad to see how little innovation has happened since...
Tomb Raider appeared, cross-platform, at the same time as Mario 64 - and like Mario 64, it offered an example of a third-person adventure through 3D space. Lara was to Mario as Sonic had been, five years earlier: a rung up the age ladder. She had boobs; Nintendo kids were now interested in boobs. She offered a grittier, more adult world and more highbrow game design - based more on Prince of Persia than on Donkey Kong. And, at least with the first game, you could play with her whether you owned a Saturn, a PlayStation, or a PC.
The article was way too console focused, though. I agree that 1996 (actually to be truthful 96-97) was a great gaming year, but not for consoles, for PCs! IMO it was basically THE origin of most new technology for modern PC games. 3dfx released the Voodoo card, the first truly high performance 3D accelerator (my first 3 games to use it were Quake, Interstate 76, and Mechwarrior 2 if you care
Otherwise I am willing to post you a CD/DVD containing the entire source code (original and my modifications).
Suppose 50 people a day ask for this, and you are the only one maintaining the distribution?
I guess you could look at it is a full time business opportunity, but should that really be forced upon you just by making a few useful changes to another Linux distro? Even so, I'm not sure I'd relish turning my job into a day full of DVD-burning and stamp-licking...
The point of the article is that this could be prohibively expensive/time comsuming for the smaller distro maintainers to support this. To quote the article, "[Woodford] would prefer to be concentrating on polishing his latest release."
1x CD = 150K/s (which by no coindicence is the data rate for CD audio).
As much as the 2-0 "humping" Czech Republic took from Ghana. Does that mean Ghana will beat the US 5-0?
I think it just proves the original point in this thread, that the FIFA rankings are nonsense.
Or Italy should be ranked 6th.
Cool, where can I rent movies in HDV format? And when do you think I'll be able to get that HDV camera for $100?
Can't wait. Nothing like the convenience of a good old magnetic tape.
I'll wait until one of the formats has a player under $100.
;) display 720p is just fine, or on a bigger display 1080i is practically the same as 1080p for movies (movies are less than 30fps anyways so 60 interlaced fields is plenty) - but as far as I know there are no 720p only sources...
720p is fine for now.
What source could you have that is 720p but not 1080i? I would have agreed that on a smaller (heh and by that I mean <= 42"
With different NTSC sources, the vertical resolution (480i) is not the issue, it's the horizontal resolution.
VHS is about 240 vertical lines (yes, confusingly called horizontal resolution). SVHS is much better, around 400, but as you said (sort of) since it's analog tape it is more susceptible to noise/degradation/etc. DVD is a solid 480 lines. The important thing here is VHS movie rentals/sales are all standard VHS, not SVHS, so the resolution improvement of DVD is significant.
I do agree with you wholeheartedly on the 480i to 1080p upgrade being a LOT more significant than people give credit. They just have not seen a 1080i HD movie (available on DTV/Dish/cable now) on a 50"+ 1920x1080 capable display...
Ya, but Laserdisk was not a storage medium for personal computers. Nor was it backwards compatible with VHS.
True - and don't forget that laserdiscs (and players) also cost a lot more than DVDs do ($30-$40+ was typical - it was even higher when LD first came out). I'm amazed how many mainstream movies are available on DVD for $10-$15. I think now that the studios have learned that a "Walmart price point" can give even a crappy movie an extra $100M in revenue, we won't see that much of a price difference between high def vs standard def DVDs. Add to that the fact that the copy protection is a better, and that they will have to convince many people to upgrade movies they already own on DVD, and we're going to see some very competitive pricing.
And if this is the case, I don't know how well that bodes for BluRay. If consumers are presented with two new "DVD players" with nearly identical features, but one is half the price and does 1080i instead of 1080p... which player are they going to buy? Probably the HDDVD "DVD player".
Well, that gets us back to the actual article "How the PS3 Hit $600" - the current "cheap" Toshiba HD-DVD player is $500 (and based on reviews I have read, it's a POS). Either it will have to drop in price by 50% in the next 6 months, or it will be more a decision of "I can buy a new movie player for $500, or a cutting edge game system PLUS movie player for $600." Which of course is what Sony is hoping will happen. And if they are right, I think the majority of Blu-Ray players sold in 2007 will actually be PS3s. We'll see if they are right, or screwed...
The only way Google could be up by an order of magnitude 20 years from now is if they even more completely dominated the market they are presently in.
Duh, or maybe they could expand into or even create new markets, like many other companies have done given similar cicumstances.
Anyway, I wasn't saying it would happen, I was saying IF people knew that with perfect knowledge the future growth then the stock price NOW should reflect that, hence basing an opinion entirely on a single P/E comparison with eBay is rather silly.
To be honest, I really don't have much of an opinion of Google's future either way (and don't own any Google stock). I was just explaining the theory of a stock price reflecting future expectations/knowledge. That's just an economic theory anyway, but at least it's a more solid basis than whatever personal axe you or the other poster may have to grind.
Having a seperate 'Google' section is ridiculous. There should be a 'Business' section for Google topics instead.
BTW I don't usually nitpick spelling/typos, but given how often you post at least spellcheck your sig...
Not totally, if you were in early (IPO) you made money, but not now.
I'm sure that's what everyone said about Microsoft, Apple, Cisco, Intel, etc. You didn't have to buy MSFT in 1986 to make money from it.
Look, I use Google all the time... but I fail to see how they make one dime from me.
Well, isn't that really your lack of understanding of their business, not theirs?
ebay is 2/3 the price of goog (P/E ratios), so, right off the bat, goog stock ought to drop $100 USD just to be priced similar to eBay... then, maybe both of the aforementioned stocks could drop in value by half again, just to be priced more in line with other stocks... (P/E 20-ish).
Again a lack of understanding... stock price is theoretically based on the present value of EXPECTED income. P/E is based on past earnings. For steady/slow-growing companies it may a useful comparison, but if investors think Google's income will grow significantly faster than eBay's (which is very possible, though of course nothing is certain) it makes perfect sense for it to be higher.
If you knew for a FACT ("perfect knowledge" being key to the fundamental value of a stock) that Google's earnings would be up by an order of magnitude in 20 years, you'd be stupid not to go buy as much as you can right now. Of course, no one can know that for a fact, which is why things like P/E are used as (one of many) ways of guessing at future earnings...
This is amazing! Zonk (who I'm sure will not be reading this lowly comment) - what the hell!? My reaction to this is just plain indescribable. I think this has finally done it - I have been a daily /. reader for the last 7 years, but this article may be the official shark-jumper. WOW. W-O-W.
The actual released specs list only 4 differences:
y -wont-downconvert-bluray-hd-on-old-hdtvs-160358.ph p
1. 20GB vs 60GB HDD - the XBox360 is a choice of 0 vs 20GB. How is the XBox360 upgrade genius here?
2. Memory stick, etc - no other console has it or has had it. Not missing much unless/until Sony actually writes software that would use it anyway.
3. no 802.11g - no other console has it, and you can always add it via a gaming adaptor.
4. no HDMI - no other console has this, and it will still support HD output via component.
From TFA: "I don't know what kind of arcane magick will have to be executed to give a crippled PS3 actual functionality." That is just plain stupid. So it's missing HDMI, and that means it's useless??? Besides, BluRay will only refuse to play HD over component if the studio sets that flag on the disc, and Sony has already said they don't have plans to do that with their movies.
http://gizmodo.com/gadgets/home-entertainment/son
Actually, one HDMI issue I am surprised there has been no mention of - Sony was bragging previously about dual 1080p capable HDMI outputs, that seems to have quietly disappeared from even the higher end box...
Way to completely miss the point of what the parent said: most employers don't hire by searching resumes on the web. While it's possible it's true that having a recruiter find your resume and contact you means they're really into you, that doesn't change the fact that the huge majority of jobs are acquired by applying for them, not being offered them.
Way to miss his point - it's just not true! Of the last 10 people we have hired, only 1 was from a direct resume submittal to the company. About 2-3 were from the in house recruiter searching for resumes, and the rest were from headhunter submissions. And looking from the other perspective, the last time I was interviewing, blind submission of a resume to a job req got me all of ZERO responses, posting to a job board got me a couple, and networking (ie giving it to a friend/former coworker at the place I was interested) got me an interview at almost every single one.
A lot of the job posts for (engineering at least) positions at tech companies are just to satisfy immigration requirements, where an "attempt" (as feeble as it may be) must be made to fill the job with a current legal US resident before sponsoring an H-1B visa. While they may not mind getting qualified resumes submitted for that position, rarely does anything ever come of it...