I believe the summary is incorrect. He is not selling over 1300 games, it looks like there are only a few games he is selling over 1300 *items*, mostly consoles and controllers and such.
I find it hard to believe that a prototype car built by these students will be anywhere near the top theoretical performance of the vehicle/engine type. It was built out of a chevy pickup, not exactly what I would call an efficiency machine. They used stainless steel pipes for tubing, probably stuff bought at a lab supply store, not efficient either. And I'm willing to bet their engine isn't particularly efficient as well. If you know what you are talking about, then I think you are being unfairly glib without even seeing the project.
Not true. Piles of secret information is buried constantly. Of course, there is public info, but there is very little civil war, mexican-american war or wwi info that is available.
There are lots, and lots of ways of detecting differences between mixtures and solutions. If dogs can tell, a mass spec, lc, gc, or even NMR should be able to tell the difference, as well. Unless they showed that cancers are more detectable with dogs than normal scientific instruments, this is not only silly, but a waste of bandwidth...
However, he would like better oxygen-producing systems for the space station.
At least he has is priorities straight..... Although he probably wants the toilets reduced down to a tube. What fun.
I hope they did the physics on this. I wonder if it is even *possible* to build a helicopter powered only by a human. It takes a lot of energy to lift and continue lifting 200lbs....
Where on earth are getting "help the little investor"? Google isn't helping the little investor anymore than anyone else is. What you pay for those 5 minimum shares is the market price. That is the same damn price you will pay on etrade the next day. (where you can buy 1 share if you like). And the fact that lots of people share your belief only suggests to me that the price will be inflated because they think they will be "getting a deal." If they wanted to help the little guy (and not themselves) they would offer the shares at the price wall street would've normally paid for them to the investor with a maximum number of shares that can be purchased (like 50). But that is not what they are doing, they are helping themselves, but pocketing the profits wall street usually gets on the road from the IPO price to the market price (which is often, but not always, higher).
Passwords are not the issue. This is such a stupid debate. Hacking passwords by dictionary attacks are preventable and protectable. Even the simplest password is difficult to predict without trying *a lot* Perhaps instead of bitching about passwords to their users, administrators should bitch about insecure oses that can't detect these attacks. Why on earth should all the users of the world worry about passwords, when a couple of groups of people could implement a system to prevent this.
When you buy shares of Google, you'd really like Google to get that capital. When you purchase shares of google, you are now an owner in google. It's now in your best interest to be sure that google win's the tug of war between who gets the money. Because it'll maximize google's value.
You are right, I hadn't thought of that. Of course, this only counts for the percentage of shares that are being sold for the company (as opposed by the employees)
Because you can make a bid on as little as 4 shares, and get it right off the bat, at the same price as the guy who bid for 4000 shares.
So what? The final price you pay is the market price, which would be the same result if you bought 4 shares in a traditional IPO. The difference is that before the price paid by the guy who bids for 4000 shares was lower. Once again, this is a fight between google and wall street the general public gets no benefit from an auction ipo. The people who benefit are at google, because they get to sell their shares at market price, instead of the lower wall street high volume price. Am I still missing something?
I don't know. Traditionally, big brokers can by huge amounts of stock at the (lower) IPO price and make a tastey profit before it gets to the public. Google's solution to that is to offer an auction like setting, essentially eliminating the fat brokers/banks and thereby keeping the money that the broker usually makes. This sounds like an argument between wall street and google, the general public does not get a break either way. I don't feel any warm fuzzy feelings for google, when I still have to pay 120 bucks a share. Maybe I just don't understand this ipo...
I don't think you understand. Google is only selling a relatively small percentage of their cap, so diluting ownership of 75% is unlikely. Additionally, if you had earnings of $100 mil per year, it means the total value of your company would be in the (100*20=2) 2 billion range, perhaps as high as 5-6 times that (that is what google is trading for). Therefore if you IPO 20% of your company and you own 80% (people rarely/never own that much) you would have conservatively 1.6 billion in liquid assests. I dunno, 1.6 billion versus a risky 100 million/year? If you are earning $100 mil per year your stock will be valuable (in terms of p/e). Companies whose stocks fall have ridiculously high p/e's in the 100+ range and those future earnings don't materialize.
Men, on the other hand have the opposite problem. They fall asleep immediately after sex. Interesting women fall asleep before sex, men fall asleep after sex. How was it we evolved again?
Slashdot Mirror
How on earth does he avoid getting pr0n spam? I call foul, because no one can avoid getting that.
I believe the summary is incorrect. He is not selling over 1300 games, it looks like there are only a few games he is selling over 1300 *items*, mostly consoles and controllers and such.
Selling them individually or in smaller lots, I bet will be more profitable. BUT, getting it listed on slashdot may just pull it out in the end.
I find it hard to believe that a prototype car built by these students will be anywhere near the top theoretical performance of the vehicle/engine type. It was built out of a chevy pickup, not exactly what I would call an efficiency machine. They used stainless steel pipes for tubing, probably stuff bought at a lab supply store, not efficient either. And I'm willing to bet their engine isn't particularly efficient as well. If you know what you are talking about, then I think you are being unfairly glib without even seeing the project.
Going upriver? He should have called it "Going up the creek"
It took them a year to find that? No wonder it costs so much for these things. Al gore was right when he tried to remove gov't beauracracy....
Not true. Piles of secret information is buried constantly. Of course, there is public info, but there is very little civil war, mexican-american war or wwi info that is available.
There should be a law making all records public after a certain period of time (like copyright expiration). (fp?)
Isn't O'Reilly on Fox, not CNN?
No.
There are lots, and lots of ways of detecting differences between mixtures and solutions. If dogs can tell, a mass spec, lc, gc, or even NMR should be able to tell the difference, as well. Unless they showed that cancers are more detectable with dogs than normal scientific instruments, this is not only silly, but a waste of bandwidth...
However, he would like better oxygen-producing systems for the space station. At least he has is priorities straight..... Although he probably wants the toilets reduced down to a tube. What fun.
What should 10 year olds know about what?
Have a nice day!
Both Parkinsons and Alzheimers are amyloid diseases.
Alzheimers and Parkinsons are neural degenerative disorders. Hard to image them being totally independent of each other. I, too, feel bad for the guy.
Where on earth are getting "help the little investor"? Google isn't helping the little investor anymore than anyone else is. What you pay for those 5 minimum shares is the market price. That is the same damn price you will pay on etrade the next day. (where you can buy 1 share if you like). And the fact that lots of people share your belief only suggests to me that the price will be inflated because they think they will be "getting a deal." If they wanted to help the little guy (and not themselves) they would offer the shares at the price wall street would've normally paid for them to the investor with a maximum number of shares that can be purchased (like 50). But that is not what they are doing, they are helping themselves, but pocketing the profits wall street usually gets on the road from the IPO price to the market price (which is often, but not always, higher).
Passwords are not the issue. This is such a stupid debate. Hacking passwords by dictionary attacks are preventable and protectable. Even the simplest password is difficult to predict without trying *a lot* Perhaps instead of bitching about passwords to their users, administrators should bitch about insecure oses that can't detect these attacks. Why on earth should all the users of the world worry about passwords, when a couple of groups of people could implement a system to prevent this.
When you buy shares of Google, you'd really like Google to get that capital. When you purchase shares of google, you are now an owner in google. It's now in your best interest to be sure that google win's the tug of war between who gets the money. Because it'll maximize google's value. You are right, I hadn't thought of that. Of course, this only counts for the percentage of shares that are being sold for the company (as opposed by the employees)
Because you can make a bid on as little as 4 shares, and get it right off the bat, at the same price as the guy who bid for 4000 shares. So what? The final price you pay is the market price, which would be the same result if you bought 4 shares in a traditional IPO. The difference is that before the price paid by the guy who bids for 4000 shares was lower. Once again, this is a fight between google and wall street the general public gets no benefit from an auction ipo. The people who benefit are at google, because they get to sell their shares at market price, instead of the lower wall street high volume price. Am I still missing something?
I don't know. Traditionally, big brokers can by huge amounts of stock at the (lower) IPO price and make a tastey profit before it gets to the public. Google's solution to that is to offer an auction like setting, essentially eliminating the fat brokers/banks and thereby keeping the money that the broker usually makes. This sounds like an argument between wall street and google, the general public does not get a break either way. I don't feel any warm fuzzy feelings for google, when I still have to pay 120 bucks a share. Maybe I just don't understand this ipo...
I don't think you understand. Google is only selling a relatively small percentage of their cap, so diluting ownership of 75% is unlikely. Additionally, if you had earnings of $100 mil per year, it means the total value of your company would be in the (100*20=2) 2 billion range, perhaps as high as 5-6 times that (that is what google is trading for). Therefore if you IPO 20% of your company and you own 80% (people rarely/never own that much) you would have conservatively 1.6 billion in liquid assests. I dunno, 1.6 billion versus a risky 100 million/year? If you are earning $100 mil per year your stock will be valuable (in terms of p/e). Companies whose stocks fall have ridiculously high p/e's in the 100+ range and those future earnings don't materialize.
TypingTest.com's favico.ico is "//." mysteriously close to "/." Wierd. Or it is too late.
Men, on the other hand have the opposite problem. They fall asleep immediately after sex. Interesting women fall asleep before sex, men fall asleep after sex. How was it we evolved again?