No more like newegg. Say you have a seller who makes PCs and sells them on Ebay. Imagine he is big enough to do 20 PCs a week, cost is $500 and sale price is $550. He buys components for $10000, makes and sells 10 systems. One turns out to have a bad powersupply or a component gets unseated in transit, if they unhappy buyer complains to paypal they will lock his account with $11000 in it and our buyer can not continue his operation while Paypal's rumored to be slow support team investigates the one bad transaction. This could well be a legitimate (but undercapitalized business). It is even worse if he purchased the components under credit terms, because his cash conversion cycle just streched from about 20 days to about 6 months (that would probably give most big PC firms a solid challenge).
Becuase he is undercapitalized he can't afford to buy components for 10 new systems until the cash from his first 10 sales reaches his bank. As a result his business stops for this period. This has been the main concern behind the majority of complaints on sites like paypalsucks. It's not paypal's fault that he is so undercapitalized, but it sort of wipes out his business at least for some time.
The idea is to have application development done at the browser levels allowing cross platform applications (if your browser runs the standard) commoditizing the underlying operating system and bringing the monopoly rents to the browser. Hopefully adding value to the user who can now access their applications from any web enabled device. Something like an exchange server. This was how the Internet caught MS by surprise, and why they worked so hard to both kill Netscape/Java and build their own light application space (.Net) to dominate this market as well.
That made me feel old, I remember when it passed Neptune, too. It is a lot like that time I was helping a friend's kids with their history and they had both the Challenger explosion and the Yeltsin coup and they didn't remember both.
They already made that transition. They still pitch themselves as a flea market (becuase it adds to the charm), but really they are more like the worlds biggest used car lot (you can find almost any make and model there all the time and since it's an auction there no haggling on the price), one of those last season clothing stores (TJ Maxx, Ross, Linens'n things), and a big retailer of off lease electronics (like the boeing store for everyone else).
It came from interviews with Taco and other admins, back when they were considering the subscriptions and how they would work. It was something like 5% of users click on the discution links. I don't recall the number but was surprised at how small it was. Pageviews is inflated by people who reload the home page waiting for new stories to be posted so they can get a first post.
E gold seems like a great solution to this. It's too bad their rep got tarnished by fraudulent users in many places. It's ironic (hopefully not in the Alanis way) that transactions on the most modern tool in the world for communication work exceedingly well with the oldest store of value in the world.
Paypal is very hard on sellers who get a complaint posted against them. The general rule was to lock the account of who ever has a complaint against them with no questions asked. This usually causes trouble to the generally undercapitalized web businesses, who now have a huge cashflow problem. They can't pay their suppliers because the proceeds of all 100 auctions have been locked even though 99 were happy and one is a whiner. Like ebay they are much better than the alternative (sending a check or money order and waiting two weeks for your stuff.
I have an idea, there are about 1 million people who read/. I think most of us have pretty similar agreement that regardless of other political beliefs, we're all for things that let us explore how things function. Since Rep Boucher is a firm supporter of fair laws regarding intellectual property what if we all vote with our dollars. I believe that any US citizen can give money to a congressional campaign. If we have to we could give to the re elect Boucher PAC. If even 5% of us gave about $25-$50 to his campaign that would be a nice warchest of hard dollars. If he knew (and word got out that there is a large group of people willing to give cash to elect officals favorable to consumer rights in the 21st centry it would definitely get attention. Look at the Dean campaign, most of the media buzz came from the fact that he got lots of small donations over the internet from across the country. While common sense to us, this was huge to the political world, which generally counts two major democratic fund raising areas (Wall St and Hollywood).
Now that it really does not take much effort you better write a letter or at least an email.
If you enter your state and zip code here(you shouldn't need a +4, unless your in a really gerrymandered district. You can either send an electronic message or get your representative's name. Then take that over to this page and you can see their little house page which has contact info for sending a fax, phone, or snail mail message. If you write a letter be sure to address them as Hon. or Rep. [last name] and try to be respectful and logical ie. this bill protects consumers from getting discs that do not meed the CD standard, and allows research that will improve current digital security. Also try to appeal to their desire to be bipartisan if your rep is a Republican or appeal to their party if they are Democrats. Since this is a house bill, I didn't provide the look up for your Senator. You should know which state our are in and there are two senators per state.
Also, all of these house members are up for election this year, unless they are retireing, so you might want to spend a bit of time on their page to see what they are for and against.
The expensive part isn't with the bands that we hear about (not specific to a genre fans just everyday music listeners). All of those bands made money. The problem is that currently the record company signs 10-20 bands and one goes on to sell enough records to be profitable. Believe me if someone could figure out a way to pick the one band even from 5 of the 10-20 candidates they could make a pretty penny (and afford to share more with the artists, too). But so far no one has any good methods to tell who is going to sell and who isn't. I realize that production, and looks can impact this which is why good producers are becoming more well known (look at the Netptunes) and lots of new artists can't sing a lick but look good at stage shows. As a result the one successful act brings in enough revenue to cover say 15 failures and after a few albums they can negotiate a better deal (this says nothing about their ability to extract any leverage, most band members I've met were not terribly good accountants, and having one around sort of ruins the image). Figure the record company front's $275,000 on 20 bands and one goes on to sell 500,000 copies. The rest collectivly sell 100,000. Figure that the record company gets about 70% of sales at an average of $15, and they made $0.5 million on their stable of bands. Considering they invested $6 million for perhaps two years, that's not a terribly great return. If someone knew you were the next hit they would certainly pay you more (or the record company next door would), but up front no one really knows.
This is all accounting and Finance 101. For the iTMS, Apple's $1 is revenue, $0.30 less network costs and credit card costs is gross profit (probably in the $0.05-$0.10 range). Their advertising costs and the employees who plot iTMS strategies and account for who gets the royalties etc are in SG&A, and the development costs are in R&D (collectivly known as operating expenses (not directly applicaple to the manufacturing of the product but important to the final production of the product). After these are removed you are left with operating profit for iTMS this is likely between ($0.05) and $0.05. Apple makes considerably more I think it was in the neighborhood of 25% operating margins on iPODs. After this things like interest and taxes are removed leaving net profit.
For the record my own smoking choice is a nice Don Tomas robusto with a stiff drink, all of about once a year. Never took art 101, CS 101 was a lame-o business computing class (CS 162 was C++), and there was a two year wait list on metals 101.
Can anyone point me in the direction of a tutorial on writing a rules file for pkt filter. It looks like a good GPL firewall but the default rules are dissallow everything. I've seen a couple of case studies, but would rather learn from others before I just start making assumptions about how to write good firewall rule settings.
The pentium was replaced by the pentium pro which was the die basis for the Pentium II and Pentium III. The pentium 4 was an entirely new architecture that was designed around the philosiphy of attacking big problems with lots of rapid teaspoons. The pentium M is another new architecture that was designed around the goal of power constraints. By your rendering these chips would be in the Octium family (P2 & P3 hexium P4 Heptium) but why screw up a good brand name.
Oddly enough the fluctuating prices on RAM mean you are overall getting a much better deal on your memory than on your processor.
Basically the constant decline in prices of processors is explained by Intel's ever declining unit costs. Intel can mark up processors by a fairly constant amount, as their costs decline due to things like R&D and factory costs being spread over a now exceedingly large number of units, those costs have declined. They can also affort to invest in the cutting edge technologies, and can hope to make money over the lifetime of the factory.
On the other hand RAM has pretty much been developed, it's just lots and lots of transistors, resistors, capacitors on the silicon. As a result it's quite easy for a new company to start a RAM manufacturing firm, lots of capital for the equipment is the only major hurdle. As a result it's one of the first places countries subsidize when they want to develop a high tech semiconductor manufacturing industry. Japan did it in the 80s, Korea and Taiwan did it in the 90s, and to a lesser extent China is doing it today. It appears that foundry services are replacing DRAM as the first semi manufacturing a country does. The idea is that if we have companies with the manufacturing experience they will facilitate the introduction of companies that add signficantly more value with an engineering process and a country can build it's own industry from the ground up.
As a result contries trying to build the industry are willing to give boatloads of cash to an entraint trying to enter the market. These firms operate at a loss for a long time, and got free capacity, so they drive down pricing for everyone else in the industry. Check on Micron's profit level vs Intel's over a long period of time to see that Intel keeps prices at a relativly stable markup over costs (use gross margin as a decent indicator of mark up they were coming to the tail end of a good year in 2001). While Micron makes money in the upswings (last one was in 1999 before the chart) and loses it hand over fist in the downturns (hopefuly making enough to allow it to invest for the next generation technology (as the next new entraint subsidized by the government will have a state of the art fab).
If I recall my HS spanish correctly it seemed like most male specific clothing items were feminine and most female specific clothing items were masculine.
There was a brisk trade in Enron certificates most of the fall of 2001 and winter of 2002 on EBay. The collection is called scrilography. I'd guess you could get them pretty cheap today. Personally I'd love a collection of all the railroads that went public and bankrupt between 1860 and 1900.
Those are fairly common on after hours quotes, the idea being that if someone pushes the button or really needs to sell you got some cheap stock or sold at a really good price. They show up on most after hours stocks and spreads are generally wider on NYSE quotes than NASDAQ quotes. Spreads also grow the smaller the comapny gets. The $0.03 is likely designed to catch this. The number of shares in the $0.01 quote is likely there as an inside joke from someone at a trading desk. Wierd thought--you could send all sorts of discreet messages through low volume pink sheet or small cap quotes on after hours trades.
It's not Microsoft, they are the success it's that every retail investor thinks (hopes) that this new company will be the next Microsoft (because it's in tech or the internet or whatever) and bid it up to a value that might be fair for a company that was the next Microsoft, leaving little room for a good return if it turns out to be successful and a whole lot of room to crash if it is not.
Everyone knew (even Buffett) that the internet had changed things and that a few companies would emerge with a stranglehold on certain parts of business over the internet. As it turns out they were generally right three companies emerged from the decline with real cash generating businesses that are very likely to continue in the long run (Amazon, Ebay, and Yahoo). The bubble occured because everyone believed that each individual company that went public was very likely to be that one successful company regardless of the actual chances of their company (pets.com webvan or something) making it. If Microsoft hadn't completely dominated the PC industry resulting in huge returns for everyone who got in in even the relativly the early years, I don't think we would have had nearly the excesses of the past few years.
Certainly it didn't help that there was an overspending on telecommunications equipment due to the 1996 telecomm act, and computer equipment prior to the Euro and Y2K but that just primed the pump for the later bubble (looking back it appears that the tech markets would have tanked in 1999 and 2000 (following those years of excess spending), if we hadn't suddenly all decided that this internet company was certainly the next Microsoft. Which was what they were all billed as--go back and look at all the times first mover advantages (econ speak for what MS did) are mentioned in IPO filings.
FYI, most of Hawaii is owned by one of several land trusts. Dole and the Bishops are two of the bigger ones. Beyond the beaches and than the military reserves there isn't a lot of government owned land there. Of course the Bishop land funds the Kahmehahmeha schools and those aren't all bad. Case wasn't really laundering money, he just got the long end of the stick from TimeWarner (as well as all his company's shareholders).
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No more like newegg. Say you have a seller who makes PCs and sells them on Ebay. Imagine he is big enough to do 20 PCs a week, cost is $500 and sale price is $550. He buys components for $10000, makes and sells 10 systems. One turns out to have a bad powersupply or a component gets unseated in transit, if they unhappy buyer complains to paypal they will lock his account with $11000 in it and our buyer can not continue his operation while Paypal's rumored to be slow support team investigates the one bad transaction. This could well be a legitimate (but undercapitalized business). It is even worse if he purchased the components under credit terms, because his cash conversion cycle just streched from about 20 days to about 6 months (that would probably give most big PC firms a solid challenge).
Becuase he is undercapitalized he can't afford to buy components for 10 new systems until the cash from his first 10 sales reaches his bank. As a result his business stops for this period. This has been the main concern behind the majority of complaints on sites like paypalsucks. It's not paypal's fault that he is so undercapitalized, but it sort of wipes out his business at least for some time.
The idea is to have application development done at the browser levels allowing cross platform applications (if your browser runs the standard) commoditizing the underlying operating system and bringing the monopoly rents to the browser. Hopefully adding value to the user who can now access their applications from any web enabled device. Something like an exchange server. This was how the Internet caught MS by surprise, and why they worked so hard to both kill Netscape/Java and build their own light application space (.Net) to dominate this market as well.
That made me feel old, I remember when it passed Neptune, too. It is a lot like that time I was helping a friend's kids with their history and they had both the Challenger explosion and the Yeltsin coup and they didn't remember both.
It's the only dotcom I know of that is now valued at a higher level than it was in March of 2000.
They already made that transition. They still pitch themselves as a flea market (becuase it adds to the charm), but really they are more like the worlds biggest used car lot (you can find almost any make and model there all the time and since it's an auction there no haggling on the price), one of those last season clothing stores (TJ Maxx, Ross, Linens'n things), and a big retailer of off lease electronics (like the boeing store for everyone else).
It came from interviews with Taco and other admins, back when they were considering the subscriptions and how they would work. It was something like 5% of users click on the discution links. I don't recall the number but was surprised at how small it was. Pageviews is inflated by people who reload the home page waiting for new stories to be posted so they can get a first post.
E gold seems like a great solution to this. It's too bad their rep got tarnished by fraudulent users in many places. It's ironic (hopefully not in the Alanis way) that transactions on the most modern tool in the world for communication work exceedingly well with the oldest store of value in the world.
Paypal is very hard on sellers who get a complaint posted against them. The general rule was to lock the account of who ever has a complaint against them with no questions asked. This usually causes trouble to the generally undercapitalized web businesses, who now have a huge cashflow problem. They can't pay their suppliers because the proceeds of all 100 auctions have been locked even though 99 were happy and one is a whiner. Like ebay they are much better than the alternative (sending a check or money order and waiting two weeks for your stuff.
I have an idea, there are about 1 million people who read /. I think most of us have pretty similar agreement that regardless of other political beliefs, we're all for things that let us explore how things function. Since Rep Boucher is a firm supporter of fair laws regarding intellectual property what if we all vote with our dollars. I believe that any US citizen can give money to a congressional campaign. If we have to we could give to the re elect Boucher PAC. If even 5% of us gave about $25-$50 to his campaign that would be a nice warchest of hard dollars. If he knew (and word got out that there is a large group of people willing to give cash to elect officals favorable to consumer rights in the 21st centry it would definitely get attention.
Look at the Dean campaign, most of the media buzz came from the fact that he got lots of small donations over the internet from across the country. While common sense to us, this was huge to the political world, which generally counts two major democratic fund raising areas (Wall St and Hollywood).
Now that it really does not take much effort you better write a letter or at least an email.
If you enter your state and zip code here(you shouldn't need a +4, unless your in a really gerrymandered district. You can either send an electronic message or get your representative's name. Then take that over to this page and you can see their little house page which has contact info for sending a fax, phone, or snail mail message. If you write a letter be sure to address them as Hon. or Rep. [last name] and try to be respectful and logical ie. this bill protects consumers from getting discs that do not meed the CD standard, and allows research that will improve current digital security. Also try to appeal to their desire to be bipartisan if your rep is a Republican or appeal to their party if they are Democrats. Since this is a house bill, I didn't provide the look up for your Senator. You should know which state our are in and there are two senators per state.
Also, all of these house members are up for election this year, unless they are retireing, so you might want to spend a bit of time on their page to see what they are for and against.
They are two distinct groups. Most readers read only the front page and linked articles, most posters don't read the article.
The expensive part isn't with the bands that we hear about (not specific to a genre fans just everyday music listeners). All of those bands made money. The problem is that currently the record company signs 10-20 bands and one goes on to sell enough records to be profitable. Believe me if someone could figure out a way to pick the one band even from 5 of the 10-20 candidates they could make a pretty penny (and afford to share more with the artists, too). But so far no one has any good methods to tell who is going to sell and who isn't. I realize that production, and looks can impact this which is why good producers are becoming more well known (look at the Netptunes) and lots of new artists can't sing a lick but look good at stage shows.
As a result the one successful act brings in enough revenue to cover say 15 failures and after a few albums they can negotiate a better deal (this says nothing about their ability to extract any leverage, most band members I've met were not terribly good accountants, and having one around sort of ruins the image). Figure the record company front's $275,000 on 20 bands and one goes on to sell 500,000 copies. The rest collectivly sell 100,000. Figure that the record company gets about 70% of sales at an average of $15, and they made $0.5 million on their stable of bands. Considering they invested $6 million for perhaps two years, that's not a terribly great return. If someone knew you were the next hit they would certainly pay you more (or the record company next door would), but up front no one really knows.
This is all accounting and Finance 101. For the iTMS, Apple's $1 is revenue, $0.30 less network costs and credit card costs is gross profit (probably in the $0.05-$0.10 range). Their advertising costs and the employees who plot iTMS strategies and account for who gets the royalties etc are in SG&A, and the development costs are in R&D (collectivly known as operating expenses (not directly applicaple to the manufacturing of the product but important to the final production of the product). After these are removed you are left with operating profit for iTMS this is likely between ($0.05) and $0.05. Apple makes considerably more I think it was in the neighborhood of 25% operating margins on iPODs. After this things like interest and taxes are removed leaving net profit.
For the record my own smoking choice is a nice Don Tomas robusto with a stiff drink, all of about once a year. Never took art 101, CS 101 was a lame-o business computing class (CS 162 was C++), and there was a two year wait list on metals 101.
Can anyone point me in the direction of a tutorial on writing a rules file for pkt filter. It looks like a good GPL firewall but the default rules are dissallow everything. I've seen a couple of case studies, but would rather learn from others before I just start making assumptions about how to write good firewall rule settings.
In the notebook market it has been pronounced Pentium M (or Centrino, if you listen to Intel's marketing department).
The pentium was replaced by the pentium pro which was the die basis for the Pentium II and Pentium III. The pentium 4 was an entirely new architecture that was designed around the philosiphy of attacking big problems with lots of rapid teaspoons. The pentium M is another new architecture that was designed around the goal of power constraints. By your rendering these chips would be in the Octium family (P2 & P3 hexium P4 Heptium) but why screw up a good brand name.
Perhaps I'll die of stupidity first causeing should, of course, be causing.
That sounds great, until the bots kill all the E. Coli in my gut causeing me to die of indigestion.
Oddly enough the fluctuating prices on RAM mean you are overall getting a much better deal on your memory than on your processor.
Basically the constant decline in prices of processors is explained by Intel's ever declining unit costs. Intel can mark up processors by a fairly constant amount, as their costs decline due to things like R&D and factory costs being spread over a now exceedingly large number of units, those costs have declined. They can also affort to invest in the cutting edge technologies, and can hope to make money over the lifetime of the factory.
On the other hand RAM has pretty much been developed, it's just lots and lots of transistors, resistors, capacitors on the silicon. As a result it's quite easy for a new company to start a RAM manufacturing firm, lots of capital for the equipment is the only major hurdle. As a result it's one of the first places countries subsidize when they want to develop a high tech semiconductor manufacturing industry. Japan did it in the 80s, Korea and Taiwan did it in the 90s, and to a lesser extent China is doing it today. It appears that foundry services are replacing DRAM as the first semi manufacturing a country does. The idea is that if we have companies with the manufacturing experience they will facilitate the introduction of companies that add signficantly more value with an engineering process and a country can build it's own industry from the ground up.
As a result contries trying to build the industry are willing to give boatloads of cash to an entraint trying to enter the market. These firms operate at a loss for a long time, and got free capacity, so they drive down pricing for everyone else in the industry. Check on Micron's profit level vs Intel's over a long period of time to see that Intel keeps prices at a relativly stable markup over costs (use gross margin as a decent indicator of mark up they were coming to the tail end of a good year in 2001). While Micron makes money in the upswings (last one was in 1999 before the chart) and loses it hand over fist in the downturns (hopefuly making enough to allow it to invest for the next generation technology (as the next new entraint subsidized by the government will have a state of the art fab).
If I recall my HS spanish correctly it seemed like most male specific clothing items were feminine and most female specific clothing items were masculine.
There was a brisk trade in Enron certificates most of the fall of 2001 and winter of 2002 on EBay. The collection is called scrilography. I'd guess you could get them pretty cheap today. Personally I'd love a collection of all the railroads that went public and bankrupt between 1860 and 1900.
Those are fairly common on after hours quotes, the idea being that if someone pushes the button or really needs to sell you got some cheap stock or sold at a really good price. They show up on most after hours stocks and spreads are generally wider on NYSE quotes than NASDAQ quotes. Spreads also grow the smaller the comapny gets. The $0.03 is likely designed to catch this. The number of shares in the $0.01 quote is likely there as an inside joke from someone at a trading desk. Wierd thought--you could send all sorts of discreet messages through low volume pink sheet or small cap quotes on after hours trades.
The pigeons thought it looked good there, of course.
It's not Microsoft, they are the success it's that every retail investor thinks (hopes) that this new company will be the next Microsoft (because it's in tech or the internet or whatever) and bid it up to a value that might be fair for a company that was the next Microsoft, leaving little room for a good return if it turns out to be successful and a whole lot of room to crash if it is not.
Everyone knew (even Buffett) that the internet had changed things and that a few companies would emerge with a stranglehold on certain parts of business over the internet. As it turns out they were generally right three companies emerged from the decline with real cash generating businesses that are very likely to continue in the long run (Amazon, Ebay, and Yahoo). The bubble occured because everyone believed that each individual company that went public was very likely to be that one successful company regardless of the actual chances of their company (pets.com webvan or something) making it. If Microsoft hadn't completely dominated the PC industry resulting in huge returns for everyone who got in in even the relativly the early years, I don't think we would have had nearly the excesses of the past few years.
Certainly it didn't help that there was an overspending on telecommunications equipment due to the 1996 telecomm act, and computer equipment prior to the Euro and Y2K but that just primed the pump for the later bubble (looking back it appears that the tech markets would have tanked in 1999 and 2000 (following those years of excess spending), if we hadn't suddenly all decided that this internet company was certainly the next Microsoft. Which was what they were all billed as--go back and look at all the times first mover advantages (econ speak for what MS did) are mentioned in IPO filings.
FYI, most of Hawaii is owned by one of several land trusts. Dole and the Bishops are two of the bigger ones. Beyond the beaches and than the military reserves there isn't a lot of government owned land there. Of course the Bishop land funds the Kahmehahmeha schools and those aren't all bad. Case wasn't really laundering money, he just got the long end of the stick from TimeWarner (as well as all his company's shareholders).