Right - take today's IPO for Carter Holdings, the maker of infant and toddler clothing, which is a good example of what we're talking about. Their IPO of 6.25 million shares was priced at $19 this morning, netting $118.75 million, but the market took it up over the $24 mark by midday. That gap of roughly $30 million represents the opportunity that an auction IPO tries to take advantage of. Under today's scenario, however, that gap in valuation went to the insiders who received the initial stock allocation then turned a quick profit on today's trading...
One way of looking at this is that AOL is simply taking Microsoft's quality issues into their own hands. As for crossing into the uncharted waters of adjusting Windows settings from within the AOL application, don't they do that already during setup to arrange dialup settings, etc.? Really, the only thing I'd see wrong with this is the lack of notification by AOL to their users. Sure, it would take some effort to craft a statement that explains what they're doing while not confusing or scaring the users, but it would have covered their corporate butts at least.
I love it when people use the knee-jerk phrase, "gas is expensive." You see it on news reports, and people bitch about it, but in reality, does the price of gas compel significant decision making on the part of consumers? And I'm not referring to the rock-bottom poor driving an old gas guzzler, but the mainstream middle-income suburban commuter.
It doesn't seem to me like gas is expensive at all. It could probably rise by something like 30-40% before people seriously reacted to it. The silliest thing I heard was a news anchor here in Indianapolis engaging in the mandatory "witty banter" after a stock news story about the price of gas. She exclaimed, "oh yes, it's so high I'm staying home this weekend." An extra $1 or $2 to fill your SUV's tank is changing travel plans? I don't think so...
That may be the case now, but it wasn't always. Automobile manufacturing quality has risen considerably over the last 20 years. I recently junked a 1990 Geo Prizm that made it almost to 180,000 miles, and probably would have made 200,000 before repair costs exceeded the benefit of keeping it around.
Given today's modern lifestyle, I can't see many cars from the 70's lasting that long, under the same maintenance scheme. Sure, extra-diligent care can make old cars last forever, but for the everyday driver, that task has become much easier lately.
For the record, I followed the tack you noted, and picked up a 97 Subaru Outback, which hit the sweet spot of affordability, durability, and functionality.
That's why you're seeing a conscious effort to diversify America's oil imports. South America is a huge and growing source, as is Africa and Russia. While Saudi Arabia is still the biggest player in the game, they are not as dominant as they once were.
The point, however, is that the investment banks and mutual funds would presumably place a "realistic" value on Google shares, but the Average Joe would not, bidding shares up higher based on emotion,.com madness, or whatever. It would take a pretty widespread overestimation of Google's prospects to get that crazy a valuation right out of the gate, but it's not like we haven't seen that before...
Sounds like a modern version of "back in my day..."
And if you haven't noticed, Amazon has been doing the "here's things you might be interested in" thing for a long, long time. If anything, that's the novel and useful technology for which they would deserve a patent.
There should still be liability to the medical center for allowing the information to be handled in such a cavalier manner. Subcontractors or not, they are ultimately responsible for the handling of the data.
Particularly for the health care field, doesn't HIPAA have some relevance here? I'm not familiar with all the details, but HIPAA is supposed to address the secure handling of private information, and it sure sounds like UCSF didn't have a good understanding of what was going on...
P.S.: Anybody else getting popups while browsing/. this morning?
It's not just MSN Today, but also Hotmail. If you click on the Messenger option for your inbox, it opens up an IE window to Hotmail, even though I too, have Mozilla as my default.
I'm just glad to see others posting this as well. I thought it was wierd...
One thing that the CBO notes in the report I linked to above is that in terms of overall economic effect, NAFTA hasn't been a major factor in US GDP. Rather, it has had a very significant, positive effect for Mexico.
If you dig further into that CBO report they recognize that several other factors played a huge role in the North American economies during the 90's, and they try their best to isolate NAFTA's effects.
If they can truly get the cost down to a mere 20% premium by achieving widespread use, then that gets into the realm where it might make sense to legislate a requirement that these be used for general commercial use. At that point, the 20% extra cost may well be outweighed by the benefits...
There are worse than him out there, yet you don't see the US trying to topple them.
That sounds like a proposal to wage more wars like this one, not less. And as far as the rest of your post goes, the US is now different than any other nation on Earth (unfortunately), focused more on short-term regional alliances than long-term geopolitical strategy.
Go back and look at those 298 agreements, and you won't see anything of the breadth and scope of a NAFTA or GATT treaty. Instead, those were more like the one-on-one agreements recently approved with Chile and Singapore.
Well, the title of the article was supposed to be "5 Technologies That Our Advertisers Want You To Replace With Their Latest & Greatest, Very Expensive and Awe-Inspiring Technology." But that took up too much space...
For a multilateral trade negotiation, Fast Track is the only reasonable way to go. With 30-some countries at the table, it takes long enough to hammer out an agreement. To then take that back to Congress, and have them haggle over each and every byline, would halt the process in its tracks and give other nations no reason to believe that US negotiators have any authority.
Congress is involved all along the way in the process, don't forget. They have regular contacts with the administration, and as for the "20 hours of debate," that's largely meaningless anyways.
And businesses are run by and for a bunch of robots, is that correct?
As I recall, people own businesses. People earn incomes by working for businesses. People buy food, clothes, and a staggering array of goods from businesses.
Business is every bit as much an activity as it is an entity, folks. And free trade is largely about freedom.
Sure, it's no magical solution, and it can't be done over nite.
Aye, there's the rub! What's really going on here is that the developing nations are free to upgrade their labor and environmental laws, it's just that the tradeoffs and realities they face are much different than the rich world's, so of course the overall standards are lower. What that does mean is that change comes over time - as the population starts earning more money, they demand a better quality of life from their government (and that's where we should be actively promoting democracy, instead of supporting whichever ruler agrees with US foreign policy). As the economic condition of a country improves, so too does their desire for environmental and labor standards. What we shouldn't do as the dominant global power is mandate a US-appropriate model on economies that are ill suited to support it...
Slashdot Mirror
unknown before???
Hardly, that's the Planet Crusher, cleverly decked out in a shiny disco suit.
I thought Jim was the evil twin - you know, David took on Microsoft, his evil brother is working to wipe out OSS...
I like my coffee like I like my women...
Bitter.
That certainly explains the foul smell I can't get out of the seats...
Right - take today's IPO for Carter Holdings, the maker of infant and toddler clothing, which is a good example of what we're talking about. Their IPO of 6.25 million shares was priced at $19 this morning, netting $118.75 million, but the market took it up over the $24 mark by midday. That gap of roughly $30 million represents the opportunity that an auction IPO tries to take advantage of. Under today's scenario, however, that gap in valuation went to the insiders who received the initial stock allocation then turned a quick profit on today's trading...
One way of looking at this is that AOL is simply taking Microsoft's quality issues into their own hands. As for crossing into the uncharted waters of adjusting Windows settings from within the AOL application, don't they do that already during setup to arrange dialup settings, etc.? Really, the only thing I'd see wrong with this is the lack of notification by AOL to their users. Sure, it would take some effort to craft a statement that explains what they're doing while not confusing or scaring the users, but it would have covered their corporate butts at least.
I love it when people use the knee-jerk phrase, "gas is expensive." You see it on news reports, and people bitch about it, but in reality, does the price of gas compel significant decision making on the part of consumers? And I'm not referring to the rock-bottom poor driving an old gas guzzler, but the mainstream middle-income suburban commuter.
It doesn't seem to me like gas is expensive at all. It could probably rise by something like 30-40% before people seriously reacted to it. The silliest thing I heard was a news anchor here in Indianapolis engaging in the mandatory "witty banter" after a stock news story about the price of gas. She exclaimed, "oh yes, it's so high I'm staying home this weekend." An extra $1 or $2 to fill your SUV's tank is changing travel plans? I don't think so...
That may be the case now, but it wasn't always. Automobile manufacturing quality has risen considerably over the last 20 years. I recently junked a 1990 Geo Prizm that made it almost to 180,000 miles, and probably would have made 200,000 before repair costs exceeded the benefit of keeping it around.
Given today's modern lifestyle, I can't see many cars from the 70's lasting that long, under the same maintenance scheme. Sure, extra-diligent care can make old cars last forever, but for the everyday driver, that task has become much easier lately.
For the record, I followed the tack you noted, and picked up a 97 Subaru Outback, which hit the sweet spot of affordability, durability, and functionality.
That's why you're seeing a conscious effort to diversify America's oil imports. South America is a huge and growing source, as is Africa and Russia. While Saudi Arabia is still the biggest player in the game, they are not as dominant as they once were.
The point, however, is that the investment banks and mutual funds would presumably place a "realistic" value on Google shares, but the Average Joe would not, bidding shares up higher based on emotion, .com madness, or whatever. It would take a pretty widespread overestimation of Google's prospects to get that crazy a valuation right out of the gate, but it's not like we haven't seen that before...
Sounds like a modern version of "back in my day..."
And if you haven't noticed, Amazon has been doing the "here's things you might be interested in" thing for a long, long time. If anything, that's the novel and useful technology for which they would deserve a patent.
Just think what this will do for the menu at Long John Silvers!
I'll have to dig around... this is a work PC running IE, and I'd be very surprised to find any malware. I've kept this pretty pristine...
There should still be liability to the medical center for allowing the information to be handled in such a cavalier manner. Subcontractors or not, they are ultimately responsible for the handling of the data.
Particularly for the health care field, doesn't HIPAA have some relevance here? I'm not familiar with all the details, but HIPAA is supposed to address the secure handling of private information, and it sure sounds like UCSF didn't have a good understanding of what was going on...
/. this morning?
P.S.: Anybody else getting popups while browsing
It's not just MSN Today, but also Hotmail. If you click on the Messenger option for your inbox, it opens up an IE window to Hotmail, even though I too, have Mozilla as my default.
I'm just glad to see others posting this as well. I thought it was wierd...
One thing that the CBO notes in the report I linked to above is that in terms of overall economic effect, NAFTA hasn't been a major factor in US GDP. Rather, it has had a very significant, positive effect for Mexico.
If you dig further into that CBO report they recognize that several other factors played a huge role in the North American economies during the 90's, and they try their best to isolate NAFTA's effects.
If they can truly get the cost down to a mere 20% premium by achieving widespread use, then that gets into the realm where it might make sense to legislate a requirement that these be used for general commercial use. At that point, the 20% extra cost may well be outweighed by the benefits...
There are worse than him out there, yet you don't see the US trying to topple them.
That sounds like a proposal to wage more wars like this one, not less. And as far as the rest of your post goes, the US is now different than any other nation on Earth (unfortunately), focused more on short-term regional alliances than long-term geopolitical strategy.
Go back and look at those 298 agreements, and you won't see anything of the breadth and scope of a NAFTA or GATT treaty. Instead, those were more like the one-on-one agreements recently approved with Chile and Singapore.
Well, the title of the article was supposed to be "5 Technologies That Our Advertisers Want You To Replace With Their Latest & Greatest, Very Expensive and Awe-Inspiring Technology." But that took up too much space...
80 cents to the record companies who have done essentially NOTHING except allow a form of sales that requires them to produce no physical product.
Well, how else will their lawyers get paid? Settlements from 12 year-old girls and college students only go so far...
For a multilateral trade negotiation, Fast Track is the only reasonable way to go. With 30-some countries at the table, it takes long enough to hammer out an agreement. To then take that back to Congress, and have them haggle over each and every byline, would halt the process in its tracks and give other nations no reason to believe that US negotiators have any authority.
Congress is involved all along the way in the process, don't forget. They have regular contacts with the administration, and as for the "20 hours of debate," that's largely meaningless anyways.
And businesses are run by and for a bunch of robots, is that correct?
As I recall, people own businesses.
People earn incomes by working for businesses.
People buy food, clothes, and a staggering array of goods from businesses.
Business is every bit as much an activity as it is an entity, folks. And free trade is largely about freedom.
Sure, it's no magical solution, and it can't be done over nite.
Aye, there's the rub! What's really going on here is that the developing nations are free to upgrade their labor and environmental laws, it's just that the tradeoffs and realities they face are much different than the rich world's, so of course the overall standards are lower. What that does mean is that change comes over time - as the population starts earning more money, they demand a better quality of life from their government (and that's where we should be actively promoting democracy, instead of supporting whichever ruler agrees with US foreign policy). As the economic condition of a country improves, so too does their desire for environmental and labor standards. What we shouldn't do as the dominant global power is mandate a US-appropriate model on economies that are ill suited to support it...