All posts by snowdeal

hmmmm. salon has a bit on over-hyped stocks after the correction. i’m betting that you probably won’t find it discussed on slashdot:

“Few companies fit the role of poster boys for the stock market roller coaster of the last six months better than Linux start-ups Red Hat and VA Linux. Acclaimed as Wall Street’s darlings after their stunning 1999 public offerings, both companies have of late been plagued with an unremitting stream of bad press as their share prices have declined. VA Linux is currently trading at $39, down from a high of $320. Red Hat is at $26 — call it $52 to account for a split, but that’s still down significantly from a pre-split high of $151.

Both companies also lumber under the additional burden of being treated as canaries in the Linux gold mine. Red Hat’s IPO was widely considered a validation of the commercial potential of Linux. But its stock price slide is now hailed as proof that there is no money to be made in the entire Linux sector.

One might expect the load of responsibility to get a bit tiresome. The day VA Linux went public was a day of great celebration at its Mountain View, Calif., headquarters. But it can’t be a whole lot of fun these days to check into Slashdot — the “news for nerds” Web site that VA Linux owns — and read another couple of hundred slams against the company every time the share price drops another notch.”

this comes on the heals of this similar story with an interesting twist that the salon piece misses:

“I used Andover myself long before the site hit most investors’ radar screens, and I was floored by the bloated price tag. It’s a great resource, but somehow I couldn’t shake the feeling that VA Linux got hoodwinked by the hoopla. After all, fair’s fair. But, this one looked like highway robbery.

Well, in a curious turn of events Wednesday, VA Linux announced plans to amend the terms of its deal with Andover. In addition to the lucrative stock swap, the original courtship called for $60 million in cold hard cash to be hand-delivered to the blushing bride-to-be. But, faster than a New York minute, all the
leaves have fallen off the money tree; and in this latest market downturn, it’s time for VA Linux to circle the wagons.

The company lopped off the cash payment, and not one to look a gift horse in the mouth, Andover graciously accepted. ”

it’s easy to flog targets like va linux and redhat. it’s even easier to flog slashdot since it’s fairly obvious that the quality of the submissions and responses has slid to the mediocre part of scale – even after thresholding out most of the noise [although this point is a bit of a red herring since i think this says more about the readers that slashdot has attracted due to its success rather than anything sinister relating to ipos and censorship]; however, in the end i have to agree with the author’s final point:

“The good news is that Linux players are finding a bottom, and there’s probably never been a better time to buy the leaders. Big fish will continue to gobble up the guppies, and the open source OS has a future so bright, it’s got to wear shades. Pundits are already penning Linux’ last chapter, but I’m betting its best days are ahead. Just a bit more grounded in cyber-reality.”

cnet is running a piece on freenet, which is, “…a peer-to-peer network designed to allow the distribution of information over the Internet in an efficient manner, without fear of censorship. Freenet is completely decentralized, meaning that there is no person, computer, or organisation in control of Freenet or essential to its operation.” needless to say this concept usually sparks a few questions. happily slashdot hosted an interview recently with the founder of freenet Ian Clarke regarding privacy.

on the other end of the spectrum there is Kids Online America (KOLA) which companies will soon offer as a benefit to empoyees. KOLA promises:

“Imagine how the Internet would be different if there were no anonymity — if access providers knew every user’s name, address, and telephone number. There would most certainly be a drag on free speech. But credit card thieves, child pornographers, and other Web criminals would think twice before embarking on illegal activities. That Internet just might be a place you could let your kids play without supervision.”

i have seen the future of the automobile – and it is filled with advertising and the internet (or here for an even cooler i-car). the advertising business model, in conjunction with the realization that the web-enabled auto is the ‘perfect’ vehicle [sic] for delivery of sevices will quickly bring the cost of an automobile to zero – or a nominal fee if you only want a discreet (think ‘text only’) ad on your auto. from the wired article:

“Andrew Everett, a 31-year-old physical therapist in Los Angeles, wears a full-wrap Yahoo ad with pride on his Jeep Cherokee, one of the premium $400 per month winners. He now washes and drives his SUV all the more carefully, feeling almost like he’s working for Yahoo.

“I love it. It doesn’t bother me at all, really. I definitely wash my car more than I used to in the past, and not just because they want you to keep (your) car clean.””

can the ‘free’ home be far behind?

wow. what a zinger from the past. back in the halcyon, collegiate days of my youth i read “margins of reality”, which detailed the controversial experiments done in the princeton engineering anomalies research laboratory [PEAR]. what’s controversial about the research? well, from PEAR’s website:

“The most substantial portion of the PEAR program examines anomalies arising in human/machine interactions. In these experiments human operators attempt to influence the behavior of a variety of mechanical, electronic, optical, acoustical, and fluid devices to conform to pre-stated intentions, without
recourse to any known physical processes. In unattended calibrations these sophisticated machines all produce strictly random outputs, yet the experimental results display increases in information content that can only be attributed to the influence of the consciousness of the human operator. ”

slashdot has posted a piece concerning a patent that was granted which could possibly, someday, maybe [bigtime handwaving] be used to develop computer peripheral that can ‘read’ your mind [cough]. from the patent abstract:

“A method and apparatus of generating values and detecting whether the values fall outside chance probabilities. In one embodiment, a random-noise source provides a signal that is amplified, conditioned, and sampled to provide a series of random numbers. In one embodiment, conditioning includes inverting some of the values according to a pseudo-random sequence mask in order to remove certain first-order bias. Another aspect of this invention is to perform a statistical analysis of the values generated, and to control an output based in whether or not a chance expectation has been exceeded, or by the probability of a certain result obtained. Yet another aspect is to control a toy, game, appliance, or computer display
based on whether or not a chance expectation has been exceeded by a measured sequence of values.”

back in the day i enjoyed “margins of reality” in the ‘it’s-always-a-“good-thing ™”-to-stretch-your-brain-in-ways- that-it-may-not-be-used-to’ sort of way. however, the slashdot bit is pretty misleading, since it leads one to believe that ibm is somehow involved, therefore implying some sort of technology credibility. as one poster noted, ibm is not involved and it reflects poorly on slashdot to let such a sensationalist representation get through the ‘editors’.

of course, this misrepresentation and the enormous degree of handwaving in the patent don’t necessarily negate the findings of the PEAR lab. i’m no physicist and i don’t even play one on tv, so i’m not qualified to comment on the results one way or the other. at the very least, “margins of reality” gives you something to chew on which probably doesn’t fit into your normal views, and it can give you hours of ‘armchair’ philosophical enjoyment, if you’re into that sort of thing.

o.k. i can’t help it. i feel i must post something about that disturbing photo. as usual salon comes out of the gate quickly with a piece that comments on the juxtoposition of that photo with photos from later that day:

“But the new photos can’t make what Reno did right, just like the brutal pictures of the raid didn’t make her wrong. (If imagery was ever enough to justify federal action, the home videos of Elián defying his father would have been grounds for his removal by any means necessary.) The attorney general had the law on her side, even if the early war of images went against her. I admit I flinched Saturday morning, but I’m glad that this time Janet Reno did not. ”

a few people on metafilter are also discussing the photos.