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  1. Re:why buy shares unless you know something ... on Hacker Could Keep Money from Insider Trading · · Score: 1

    If, in a recession, you short the same (and again, ETFs exist that will let you do that without the hassle and risk of actually holding a short position), you will make money, on average.

    It's slightly OT but by mentioning the ability to "short" via ETFs, you should also point out to /. readers that these ETFs do not necessarily give you the equivalent of a short position, especially the "ultra-short" ETFs. For instance, SDS (Proshares Ultrashort S&P 500) gained 2.49% this past month versus a 1.69% loss in the S&P 500; SDS should "correspond to twice the inverse daily performance of the S&P 500" (finance.google.com). SH (Proshares Short S&P 500) gained 0.88% on Friday versus a 0.08% increase in the S&P 500, even though SH is supposed to equal the inverse daily performance of the S&P (finance.google.com). Short ETFs do not give true short performance.

  2. Re:Who needs the publishers? on OLPC and CC Free Content Drive · · Score: 1

    So of the best textbooks I had in college were published through the University printing department for the cost of materials.

    Only cost of materials? Sure, until the printing department realizes they have a captive audience and can charge whatever they want. I just had to buy one of those custom in-house texts -- a series of Harvard business case studies -- and clearly printed on the cover were two prices:

    • Royalty: $27.00
    • List price: $55.13

    Do you really think it takes $28.13 to cover the costs of the bookstore and print services? Students are either not buying traditional textbooks or buying them used, so the bookstores and the universities have to find another way to make up that revenue. First it was releasing a new edition every year with new sets of questions and problems, then it was the inclusion of "one-time" online codes shrinkwrapped with books, then it was those stupid "clickers" which were electronically tied to a class. Then the textbook companies pitched "custom texts" which they printed. Now the universities realize they can finally cut out the textbook companies by licensing the content directly, and they literally write their own paycheck by deciding the markup. Not to mention, they intentionally lowball the print run, so they never end up with excess copies (they simply reprint on an individual basis and tell you to wait 24-48 hours).

  3. Re:Somewhat justifiable on The $54 Million Laptop · · Score: 1

    I guess this isn't a one-time problem with "losing" a laptop. A family member purchased a laptop at CompUSA (well before they folded) and got an extended warranty because every laptop purchased by the family has at least one hardware failure outside of the manufacturer's warranty. In this case the laptop was sent back on the extended warranty because the wireless card had died. Two weeks later, no laptop, and a call to the store yielded nothing. A week later, the store admitted they had no idea where the laptop was, even after calling the service center. It took another week and threats of a lawsuit for them to finally cough up the repaired laptop. You know it's bad when you have to threaten legal action. One of these days, someone will sue and gain class-action status...and the companies will "offer" an additional year or two on the warranty at no charge, and still hold equipment hostage.

    FWIW, that card failed again. And again. It should've been declared a lemon by now. Worst $1200 I've ever seen spent on a computer.

  4. Re:Old news on Amazon Patents Customized 404 Pages · · Score: 1

    A question, then, regarding the point that Amazon holds patents which have clearly been violated but are not being enforced. My understanding is that once a patent is granted in the U.S., the holder must defend it or risk losing the patent. So to the point that "I'd rather have Bezos hold the patent because he has not yet Done Evil," is there any way for someone to obtain the same or similar patent once it has already been "lost," or does it automatically become part of the public domain?

    (clearly IANAL)

  5. Re:Financial systems? Nothing new there on The 5 Coolest Hacks of '07 · · Score: 2, Informative

    Specialists (the people who help match buyers and sellers in floor trading) can make seven figures and the average salary of a securities industry worker in NYC is nearly $300k.

  6. Re:Show over substance on What's Wrong With the TV News · · Score: 1

    I usually have CNBC on during market hours and their coverage today was skewed because of the huge market moves. Normally CNBC would air at least a few pieces per hour of election/primary coverage, usually talking about which candidates would be best for Wall Street. Plus CNBC has an entire hour dedicated to politics anchored by Larry Kudlow, a steadfast Republican. If not for the 200+ point loss in the Dow and oil [questionably] hitting $100 you would have seen more coverage of it.

    CNBC has definitely fiddled with their "lowest common denominator" setting, though. There's been increased coverage of Hollywood, even before the writer's strike, and CNBC's media & entertainment editor has been making frequent appearances of late, sometimes as a guest host. Then you have the "average folks'" shows: stock-picking madness in the form of Mad Money and Fast Money. The network has definitely shifted away from its all-business focus. Heck, I remember the afternoon of 9/11 the anchors reminding viewers that as a financial network they had the responsibility to report from a business standpoint first (the economic impact).

  7. Re:How is this possible? on EVE-Online Patch Makes XP Unbootable · · Score: 1

    A hard drive is technically "memory" - "secondary memory" is more precise, but it's still memory. It remembers stuff doesn't it? The use of the term is not inaccurate but it is imprecise.

    Which is why I said "inaccurate." Run Task Manager or dxdiag and Windows only reports your RAM under memory. The System Information tool lists memory (RAM) as a hardware resource and hard drive space as storage under components. I understand your point but the OS is pretty clear about what's memory and what's storage.

  8. Re:How is this possible? on EVE-Online Patch Makes XP Unbootable · · Score: 5, Insightful

    No, the term "brick" does not change based on your technical experience and "considering" something to be bricked does not make the use of the term correct. Joe Average may refer to his hard drive as "memory" but his use of the term is still inaccurate. If the flash chip on an iPhone is FUBAR'd to the state where you can't even reflash it by any means, it's bricked, whether it's in Joe Average's hands, Steve Job's hands, or Sally Tech's hands. Anything less than rendering a piece of hardware completely inoperable (hardware with the usefulness of a physical brick) is *not* bricked. Now, if the boot.ini removal rendered a hard drive inoperable...

  9. Re:Where is FIOS? on Is Comcast Heading the Way of the Dinosaur? · · Score: 4, Informative

    Two sources:

    1. http://www.dslreports.com/. Their Verizon Fiber Optics forum is usually updated with information about the latest rollout areas and they also have a Google Maps application where users with FiOS service "pin" their location on the map and offer a user review in some instances. The forums also include some info on overall deployment, but it's usually secondhand info so take it for what it's worth.
    2. The Verizon website for your state at http://www22.verizon.com/about/community/. For instance, Verizon Virginia has a monthly FTTP construction list in PDF format.
  10. Re:Obvious on Wal-Mart's Terrible Nintendo Wii Knock-Offs · · Score: 1

    Walmart doesn't give two shits about whether a supplier is unionized or not. They care about the price and only the price. Unionized suppliers are more expensive [...].

    Ergo, Walmart does care about whether a supplier is unionized. Union == higher product price == no contract with Walmart. Even if a product generally comes from unionized suppliers, it's trivial for Walmart to find a non-union supplier -- there are lots of suppliers ready to fight each other for a Walmart contract.

  11. Re:$100+$100 = $399? on OLPC Announces Buy-2-Get-1 XO Laptop Sale · · Score: 1

    I thought that the $100 tag was simply the project's goal; to get enough demand and ramp up production to the point that the laptop can be sold for an at-cost price of $100.

  12. Re:As long as the only connectivity is AT and T... on Crazy Stevie's iPhone Prices are Insaaane! · · Score: 1

    Apple could have proposed a standard that carriers could have adopted to do visual voicemail
    If the carriers can't agree on a single standard (GSM or CDMA?) or even the difference between 2 cents and 0.02 cents, how do you expect them to cooperate on an interoperating visual voicemail standard?

    These guys are out to make a profit at any cost, and with a feature as new and *useful* as visual voicemail, I'm sure AT&T would rather keep the feature for itself (especially if they own the patent) than make sure it plays nice with the other carriers.
  13. Re:What happens? on Nasdaq to Delist SCO Sep 27 · · Score: 1

    However you'll have a hard time paying your $14 ($7 each way) commission on that.
    If you have an account with an actual trading firm (e.g. Interactive Brokers) it costs as little as $2.01 to go round-trip on a stock ($1 to buy, $1 to sell plus $.01 for the specialist/SEC fees). However some brokers have restrictions on stocks less than $1 from an additional charge to a maintenance requirement, like 1/2 of principal. That's why I moved most of my assets out of Scottrade to one of those trading firms that cater to daytraders, to cut my commission costs on a stock from $14 to $2.01.
  14. Re:Gamers Changing the world... on New Technologies Attack the One-World Problem · · Score: 2, Interesting

    You're forgetting that real-time dissemination of all those listings in the midst of trading puts even more strain on the system; there are a lot more eyeballs looking at live quotes and trades than there are actual trades, and because countless shares can be traded in less than a second the ability to push that type of real-time data to providers is nothing short of amazing. The amount of open orders the system has to also handle must also tax the system (order not filled = no shares to count as a trade) and the system has to provide the orderbook in three formats: level 1 (national best bid/offer price and size), level 2 (orderbook-style, showing all bids and asks with price, size, time, and MPID) and level 3 (same as level 2 but accessible to market makers). I'd say the NASDAQ is harder to streamline than EVE Online.

  15. Re:Mail still cancels stamps with a date on How Do I Secure An IP, While Leaving Options Open? · · Score: 1

    It may be considered tamper-proof because sealing strips are pasted over all of the seams and postmarked, with the mailpiece usually being locked in a safe when not in transit (and when in transit it is signed over to a postal employee), but it is by no means a method of proving date of creation for copyright purposes. The postal service only keeps delivery records for a certain period of time, so as long as you can fake a postmark outside of the post office's records, it would be easy to game the system.

    IAACPRC - I am a contract postal retail clerk

  16. A quick call might get you the CDs on Big Box Store Reps Push Unnecessary Recovery Discs · · Score: 2, Informative

    As soon as you get a new PC you should call the manufacturer and request recovery media. If they tell you "it's in the recovery partition" or "you can make a set with our BIOS/Windows utility" demand that you want the recovery media. The worst scenario to be in involves a wrecked partition or hard drive, or burned (not pressed) CDs/DVDs that have disintegrated over time. I was able to get recovery media with my Thinkpad free of charge after I received it; I just called, they confirmed that the laptop was in warranty, and I got it a few days later.

  17. Re:Wouldn't there be easier ways to sue him? on DMCA Means You Can't Delete Files On Your PC? · · Score: 1

    Copyright is designed to protect artistic and scholarly works. Not coupons. A few generic phrases used in millions of similar forms would not be protected by copyright. Possibly if there was some elaborate artwork included in the background that might be copyright. But damages would be difficult to assess, if any.
    Circular 40 from the U.S. Copyright Office says that:

    Copyright protects original "pictorial, graphic, and sculptural works," which include two-dimensional and threedimensional works of fine, graphic, and applied art.
    The list of examples includes advertisements. I would think that as long as the coupon contains pictures/graphics it could qualify as visual art since coupons are just advertisements offering a discount if taken to the store. (IANAL)
  18. Re:no thanks on Pay-For-Visit Advertising · · Score: 1

    Set yourself up a PO box, at a place that you can send things to....where they use 'Suite' No. instead of box number, so that it looks like a street address and companies will deliver there.
    You need to get a PMB where the business doesn't collect your personal information. A true PO box here in the US (at an actual post office) would require providing a verifiable name and address, and you have to present two types of ID, including one with a photograph.
  19. Re:Problem? on CallerID Spoofing to be Made Illegal · · Score: 1

    The only time I've ever seen it spoofed (and known about it) was when the caller changed the number to 000-000-0000.

    Needless to say, I answered the phone and hung up on them. Changing your CID to an obviously invalid number isn't cute, it gives me a good reason to not pick up the phone.

  20. Re:Alternate Carriers on Apple and AT&T Announce iPhone Service Plans · · Score: 1

    I think that's the space on the HD; you can see in the wide shot of iTunes that the capacity of the iPhone is still 7.27 GB.

  21. This was why I didn't like the idea on Linux (Car) Crashes At Indy 500 · · Score: 1

    of paying so much money for a sponsorship. The driver is not going to get a lot of media attention, and the only way Linux was going to get any television time was if a) the car won (unlikely) or b) the car crashed/engine blew up (very likely). Choice b would yield very little air time, and with drivers like Hornish Jr., Dixon, Castroneves, Kanaan, Wheldon, and Patrick, Moreno would have to get very lucky.

    Please, stop raising money for pointless advertisements and sponsorships. Open-source would benefit from better and more effective means of advertising.

  22. Google Desktop, PDF, directory organization on How Do You Keep Track of Your Web-Based Research? · · Score: 1

    Google Desktop Search and PDF. GDS does the indexing, PDF preserves the original page.

    A good use of directories for organizing helps to avoid "lost" files from floating around. I use this for research papers and projects.

  23. Re: write offs on Why Are CC Numbers Still So Easy To Find? · · Score: 1

    And I don't think it's still the case, but for quite a long time, MasterCard was actually listed as a *non profit corporation*

    Definitely not the case any longer.

  24. Re:Too much? on Microsoft Looks To Refuel Talks With Yahoo · · Score: 1

    It is if you're General Electric or Proctor and Gamble.

    GE is trying to sell its plastics unit, IIRC, and the company has a history of selling off underperforming units rather than preserving the kitchen sink. Yes, it is possible for a company to do everything, but clearly it is not profitable to do so.

  25. Re:What happens to the case, then? on SCO Given NASDAQ Delisting Notice · · Score: 1

    Without any money left... suppose they're completely delisted and considered a worthless company, how many people think the case will continue?

    Delisting will only kick them to OTC/pink sheets; it doesn't mean the company is worthless, just that SCOX can't meet the minimum listing requirements for NASDAQ. But as I posted previously the most likely scenario is a reverse split to bring the price back above $1 and stay NASDAQ listed. It's interesting to note, though, that in their last 10-Q filing, as of January 31, 2007, SCO said they have nearly $4 million to pay for "experts, consultants, and other expenses in connection with [...] litigation" and the company makes quarterly payments to law firms Boies, Schiller & Flexner LLP, Kevin McBride and Berger Singerman in the amount of $2 million. The company has already spent $11 million in the litigation.