Saturday, October 19, 2002

Wow.  Apple is trading at only a ~18% premium to cash.  Amazing.  Basically, investors think it will never make a profit again. [John Robb's Radio Weblog] Isn't "investers think" an oxymoron? Since when did a company's stock price have anything to do with its performance? These so-called investors buy lottery tickets labeled "Apple stock" when the price is low, and then when it shoots up to $25/share latter (again for no apparent reason), they win the lottery. Since Apple doesn't pay dividents, the current stock price is actually 18% more than the stock is worth anyway. comment () trackback ()  1:48:26 PM     Sniper Could Be a Novice Shooter. Alisyn Camerota at Fox News - Sniper Could Be a Novice Shooter - a lady reporter, who had never before fired a gun, tried out an AR-15 at 40 yards. With just a minute of instruction, she was able to make a head shot on the target. Firing line discussion here. [firingline] [End the War on Freedom] Hitting a target twice as far away is more than twice as hard. Also, the police haven't really said for sure how long the shots are--if they even know. I can say that getting one-shot kills with an underpowered cartridge requires good shot placement. Hitting someone in the head or in the heart from 100 yards is much harder than just hitting them anywhere. comment () trackback ()  12:49:29 PM     Korea World Leader in Broadband/Technology at Home [Slashdot] The apartment blocks are part of the secret of Korea's success. According to Antony Walker, who went on the DTI-Brunel mission, 49% of Korea's 47.7m population live in apartment blocks, defined as having six or more storeys; more than 90% live within 4km of a Korea Telecom exchange. Running a fibre optic cable into an apartment block's comms room is a quick way to deliver high-speed internet to 600 homes. "They wouldn't have been able to roll [broadband] out so rapidly if they hadn't had these economies of density," says Walker. The article Slashdot points to explains why Korea has such widespread broadband access. comment () trackback ()  12:04:56 PM

© Copyright 2006 Ken Hagler. Last update: 2/14/2006; 6:53:04 PM.

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