Wednesday, June 4th, 2008
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10:53 am - On Vox: Lost Dog Found
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I was joined near our local Fred Meyer while working this morning by an uninvited companion who seems to have lost his parents. I've posted his info at our local Home At Last Humane Society. John Doe Puggle is extremely...
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(set a course)
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Tuesday, May 20th, 2008
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6:45 am - What's in a name?
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Friday, May 2nd, 2008
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11:13 am - On Vox: Time to come clean...
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I'm a huge fan of the 1978 version of Battlestar Galactica. My Saturdays were often spent watching cartoons all morning, followed by re-runs of BSG and Buck Rogers. Glenn Larson, the creator of these shows and others (such as The...
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(1 thought | set a course)
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Tuesday, April 8th, 2008
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2:31 pm - On Vox: Anti-Business cards?
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Monday, February 18th, 2008
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5:01 pm - On Vox: QotD: Presidential Attributes
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Thursday, February 7th, 2008
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12:17 pm - On Vox: QotD: Chinese New Year
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Tuesday, January 29th, 2008
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9:33 pm - On Vox: THE LIAR'S DIARY by Patry Francis
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I number among the thousands, nay millions who aspire to one day publish a deserving piece of my writing asmy first novel, disseminating it to the world. I've learned from wonderful and highly successful authors, that on that day, I...
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(set a course)
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Friday, December 28th, 2007
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8:21 am - On Vox: U2 creates first Live Action 3D film.
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The 3D live action film of U2 that was recorded during their 2006 South American tour will be distributed by National Geographic Cinema Ventures and was directed by Catherine Owens (who has been Visual Content Director for U2 for 15...
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(set a course)
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Thursday, December 20th, 2007
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3:56 pm - On Vox: Flock and Second Rotation...
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For quite awhile now I have been hearing from friends about their experiences with Flock, the social networking web browser. I had always intended to give it a shot, but never found the time. I finally decided to download it...
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(set a course)
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Wednesday, December 19th, 2007
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7:59 am - On Vox: QotD: Holiday Cards
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Friday, December 7th, 2007
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2:11 pm - On Vox: QotD: A Life-Changing Work of Art
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Tuesday, December 4th, 2007
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5:51 am - On Vox: Film Studios flub preservation and restoration.
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Tuesday, November 27th, 2007
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10:53 am - On Vox: You might want to reconsider...
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If you were planning on running across an ice covered roadway today, and while crossing said roadway perhaps thought it would be neat to take a swan dive onto your outstretched hyper-extended thumb, I encourage to reconsider your plan.That is...
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(set a course)
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Monday, November 26th, 2007
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2:12 pm - On Vox: QotD: My Alma Mater
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2:05 pm - On Vox: The Sword and Laser
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The Sword and Laser is a science fiction and fantasy themed book club, created by Tom Merritt and Veronica Belmont, that my wife and I joined back around the beginning of October. The focus of the book club is to...
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(set a course)
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Saturday, October 27th, 2007
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6:21 pm - On Vox: We mourn our Bast.
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Monday, October 22nd, 2007
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2:12 pm - Some thoughts about Apple, Inc.
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After receiving today's announcement about Apple's 4th Quarter earnings for fiscal year 2007 exceeding profit expectations by 67%, a couple of things have become evident.
1) Apple will sell more than the stated goal of 10,000,000 iPhones in year 2008.
Apple reported selling 1,119,000 iPhones during Q4, bringing the total number of iPhones sold since launch to 1,389,000. This means they are now averaging around 14,935 iPhones sold per day.
Personally I would not be surprised if Apple sells more than 13,000,000 iPhones during 2008.
My reasoning? In order to meet their stated goal of 10,000,00 iPhones sold by the close of 2008 it has become clear they will need to move approximately 18,842 phones per day over the next 365 days.
This will be an increase in the current sales progress of approximately 3,907 iPhones. Apple will begin rolling out the iPhone to Europe in November of this year beginning in England, France, and Germany. In order to meet the goal that means they need to produce only 1,303 iPhone sales per day in each of these countries over the next year. This of course should be a very easy number to reach in a continent that is more accustomed to using smart phones and who has a more dense distribution of Wi-Fi hotspots than the US.
Apple also indicated in their conference call today that they are on target to debut the iPhone in the smart phone savvy continent of Asia during 2008.
We also know that Apple has committed to providing iPhone operating system upgrades for version 1.0 iPhones over the next 24 months following the June 2007 launch. This, in conjunction with the official software development kit which is scheduled to be revealed in February or March of 2008, should serve to increase the adoption rate of the iPhone as the perceived usefulness of the phone increases.
2) Apple will not be splitting the stock anytime soon.
In the past Apple had historically split the stock when it hit near $100, but of course the $100 dollar mark per share has come and gone and they are rapidly approaching the $200 per share price. With the $200 price per share approaching it begs the question by some investors if Apple might consider splitting the stock. I don't think they will because splitting the shares is often done by companies as a strategy to motivate the casual investor to purchase shares because of a perceived affordability of the stock. This action is often prompted when a company's stock trading becomes stagnant. Stagnation is not something that Apple's stock has been suffering from this year. Their stock has been one of the most dynamic securities this year.
The other reason that investors generally like a stock split, particularly before a holiday season, is because it generally makes it easier for investors to access their stock equity by making it easier to liquidate smaller portions of their holdings for the purposes of holiday shopping, buy a car, etc. When a stock is trading at a very high level an investor may often find it psychologically difficult to sell off in order to generate disposable income. This latter reason is yet another reason why Apple will not want to split. It is the same reason that Google has not split their shares. Both companies want to discourage the public from selling off any shares for any reason because it could result in a loss of market capital which is vital to every company, but particularly companies in the tech sector which must maintain research and development budgets if they hope to remain competitive.
Then again, Apple now has over $15.4 billion in cash available and zero debt. Will they perhaps go shopping for the 700Mhz spectrum that the FCC will be putting on the auction block in January 2008, in complete competition against or complete cooperation with their iPhone partners Google and AT&T? I doubt they will compete against those two companies because they simply don't have enough money. Google has been spending like mad lately, but they still have more money available for spectrum shopping.
current mood:  thoughtful
current music: Coldplay - "Clocks"
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(set a course)
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Wednesday, October 17th, 2007
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9:18 am - On Vox: iPhone SDK to be released in February 2008!
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Steve Jobs announced in a letter to the Apple community on the apple.com website that the iPhone SDK will be released in February of 2008. This SDK will allow developers to make safe and official 3rd party applications that will...
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(set a course)
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Sunday, October 14th, 2007
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10:31 am - On Vox: We've adopted a sister for Bast.
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We adopted an older sister for Bast from the local no kill animal shelter. We are working on a new name for her, but in the meantime she is Taylor, the name that the shelter bestowed upon her.
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(set a course)
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Tuesday, October 2nd, 2007
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10:23 am - On Vox: Lets help Obsidian, an ailing webcomic artist out!
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I've learned that one of my favorite artists Obsidian, the creator of web comic, Commissioned Comic, and a fan favorite on Extra Life Radio, has recently suffered a hard drive failure on his computer. The result? Three weeks of comic...
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(set a course)
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waconner's journal
devious