| Great Investments for the Next Downturn
The market's long-term trajectory is up, of course, but as recent history shows, there are plenty of fits and starts along the way. Slightly more distant history makes the point much more dramatically. Remember early 2000? During that year, the Nasdaq 100-tracking Cubes (QQQQ) -- an exchange-traded fund (ETF) that recently included Starbucks (Nasdaq: SBUX), eBay (Nasdaq: EBAY), and Google (Nasdaq: GOOG) among its top holdings -- swooned to the tune of nearly 37%. Investors who plunked down their hard-earned moola on that passive pick in January 2000 are still sitting on a sizable loss -- even after factoring in the market's impressive rise since late 2002. Investors in more mild-mannered index trackers have fared better. Still, between January 2000 and the close of 2006, Vanguard 500 Index (FUND: VFINX) -- an S&P 500 tracker anchored by the likes of Procter & Gamble (NYSE: PG), Bank of America (NYSE: BAC), and Pfizer (NYSE: PFE) -- only managed a gain of roughly 1%.
New owner to keep Elitch Gardens name
PARC Management, the new operator of the historic Denver amusement park, unveiled its new name, which drops the Six Flags moniker, and an updated logo at a press conference earlier today. PARC Management highlighted several family-friendly changes it is making for the upcoming season, which begins April 28. Additions include a new extreme tube slide - called RipQurl - in the Island Kingdom Water Park, scheduled to open in June. The park has also increased its entertainment offerings, adding a new cirque-style performance called Bailamos and an urban acrobatic production called X-City! "As we seek to honor the past, we seek to establish for Elitch Gardens an even richer .
Chartered Alternative Investment Analyst Association (CAIAA) to ...
AMHERST, Mass.-(Business Wire)-April 3, 2007 - The Chartered Alternative Investment Analyst Association(R) (CAIAA)—an independent, not-for-profit international organization that provides a charter program for professionals in alternative investments—will host an informational seminar and lunch event in San Francisco on April 17. The event will run from 2:30 p.m. to 4:00 p.m. at The Argent Hotel, 50 Third Street. .
Cityscape Asia, the real estate expo, makes Singapore debut today
The inaugural Cityscape Asia exhibition and conference begins on Tuesday, 10 April 2007 at the Suntec Singapore International Convention & Exhibition Centre. The exhibitors from the Middle East and particularly from Dubai have made 28% contribution towards impressive first appearance for oriental brand of worlds largest B2B international real estate platform. The Cityscape Conference, World Architectural Conference and Retail City Conference will also run along with Cityscape Asia. Neil Hickman, Exhibition Director, Cityscape Asia, said, Cityscape Asia has eclipsed all of our expectations. For Middle East developers and investors to book over a quarter of the total exhibition space for a first-time event underlines not only their confidence in the Cityscape brand but the strength of the South East Asian real estate market.
Intrinsyc Reports 2007 Second Quarter Financial Results
VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- April 10, 2007 -- Intrinsyc Software International, Inc. (TSX: ICS) today announced its financial results for the second quarter ended February 28, 2007, reported in Canadian dollars and in accordance with Canadian GAAP. For the second quarter of FY2007, the Company reported record level revenue of $5.0 million, which represents an increase of 5 percent from $4.8 million in the same quarter in the prior year. The year-over-year increase in revenue was primarily due to strength in the Company's engineering services business. "We are very pleased to report record quarterly revenue for the second quarter in a row, resulting in the best first half in the company's history," said Glenda Dorchak, Chairman and CEO of Intrinsyc. "These results were driven by another strong quarter for our engineering services business, which is concentrating on strategic customer engagements around our core competencies in wireless platform telephony, power management and board support package development." "Additionally, our Soleus business has delivered on key objectives beginning with the production release of version 1.0 early in the quarter; the announcement of our partnership with Marvell to use Soleus on the PXA3xx reference design for consumer feature phones in China, and most recently the announcement of our second Soleus licensing agreement and first design win," continued Ms.
We are starting to hit the limits of the net's current capacity to ...
But now there are signs that we've used up our inheritance, pawned the last of the family silver and run down the estate by not looking to the future. More people are online than ever before, and many of us are as profligate in our use of bandwidth as a decadent aristocrat who can't believe that the peasants will ever revolt. We can see this most clearly in the growth of online video, where concerns about network congestion are already being expressed. Recently I've been playing with Joost, the recently-announced video-streaming service from the people behind Skype and, before that, Kazaa. It's still in beta, but already it's clear that it provides an easy-to-use front end and decent quality video, something that other streaming services are going to find hard to match.
Let’s take the high road
When caught for a traffic violation, the Delhiite's usual response varies from ‘Do you know who I am?' to slipping the traffic policeman a bribe. The more audacious might try to speed away. Starting this week, all this is going to become that much more difficult as the Delhi High Court has come down heavily on traffic offenders with dramatic increases in fines. So, if you try and hit the road after a drop too many, you may have to cough up Rs 2,500, dangerous driving will leave you poorer by Rs 1,500 as will using mobile phones while driving. Those who jump red lights, go helmetless, use pressure horns or smoke will have to pay Rs 600. Now Cassandras may say that this will only encourage bribery by the notoriously law-averse Delhiite. But, initial signs are encouraging. On day one, the police have notched up 4,500 prosecutions and even VIPs were not spared.
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