Friends and Foes - 2nd Standard(Part-2)
Posted on November 19, 2008 in Borland Delphi
The second incident I remember about my 2nd Standard, is my fracture. It was a really funny incident, and even now when I come to think of it, the only thought I get is "How could I have been so stupid?". It all started on the third day after I joined. I was passing through the central hall between the dormitories, when I happened to see, some of the seniors in their dormitories having a hand-stand race. I was really fascinated by it. I mean, I had never seen anybody do such a kind of thing even in the movies. Immediately, I went back to our dormitory and started attempting the same. needless to say, even after about 40 trials I hadn't even got started. Then came the most stupidest thought. I still don't know if the idea itself was good and the execution flawed or vice-versa. But, the important point is that it got me a fracture. I decided that although I didn't know how to do it, if I tried to do it on the steps leading down to the lobby, somebody who knew, would notice my efforts, appreciate my dedication, and get right down to teaching me. It might have still worked out, if someone didn't have a bigger plan for me. Right at the moment that I started it at the first step and fell down there itself, NBR(N. Brahmananda Reddy, who studied with us upto 4th Standard) was passing by and he stopped. He asked me what I was trying to do, and I told him. He told me "It won't work this way, you wont get enough attention. Instead, if you try doing it on the railing(he meant the railing of the steps), everybody who is standing beside the steps for breakfast will notice you." Now, I was really beginning to get cold feet. I mean, I was literally wobbling at the knees. It was one thing to try it on the stairs where I would land on the next one if I failed, and it was entirely a different thing, to try it on the railing where if I failed, I would go all the way down. So I refused flat out to try such a thing and asked him"What if I fall?". He simply said, "I am there, I will catch you." Somehow I felt a lot more reassured and got ready for the big stunt. Everything went as per the plan, except the climax. I caught the railing with my hands and pushed myself upwards. Only to flip over and land on my hand, down the other side of the railing, in front of the toys showcase and beside some boys waiting to go in for breakfast. For a while I just lay there not even sure what had happened. And then I got up and found I couldn't feel my left hand. Poor NBR, was waiting on the stairs and was wondering where I had gone. I just didn't happen to fall on the side he was waiting to hold me. I remember walking to the medical room, and telling Aunty(I really don't remember her name, I think it was Radhika or something like that, something that started with an R. She loved to write the most nasty-tasting tablets and would almost always recommend an injection, and was therefore considered one of the top terrors in the hostel) that I felt great pain in my hand. She asked me how, and I told her, I slipped from the stairs and fell on my hand. She immediately gave me some damn injection(I knew I shouldn't have come there in the first place) and took me to the general hospital for a checkup. At the hospital I was made to undertake an X-Ray, and was told it was a fracture. So we went to the dressing guy(still don't remember what his official title is) and he put my hand in a cast. The first few days, were a real torture, as everybody who found me walking around in a cast, would stop me and enquire how I had got it. After the first few days however, I began to see the upside of having a fracture. Everywhere I went, I got preferential treatment. Even for food where everybody used to fight to go in first, I was allowed to go to the head of the line, just because I had a fracture. Unfortunately, all good things must come to an end. And so did my fracture, which was removed after a month. And boy, life did get back to its usual routine nondescript way. But not for long, adventure was never an earshot away from me. - GUPTA GHOST cheap corel draw cheap microsoft office
Murder's Row Hits Bottom YHOO, AMZN, EBAY, INTC, MFST, DELL, GOOG, AMD
Posted on September 28, 2008 in Autodesk Inventor Series
The old champions of the tech era almost all made 52-week lows last week. Intel (INTC). Amazon (AMZN). EBay (EBAY). Microsoft (MSFT). And, Dell (DELL). Was it something in the water, or perhaps the market has turned its back on the group in favor of the likes of Google (GOOG). Most of the companies suffer from the same set of malaise to hear Wall Street chatter. The companies are not growing fast enough. Innovation has gone elsewhere. The business models are tired. Perhaps not. Intel's stock has gone from $28.84 to $18.00 over the last year. But, the company is hardly a dog. Revenues rose from $30.1 in 2003 to $34.2 billion in 2004 to $38.8 billion in 2005. Operating income moved up at a similar pace to hit $12.1 billion last year. Granted, the top line fell in the quarter ending April 1 after three strong quarters ending the 2005 year. However, the company still posted operating income of $1.7 billion. The resurrection of Advanced Micro Devices (AMD) and its new alliance with Dell has Intel investors running for the doors. But, according to Forbes, Intel "will likely be more competitive in dual-processor servers with its Woodcrest chip, due for launch in the third quarter". Intel continues to have the dominant share, by a mile, of the PC chip market, and its forward PE is only slightly above 15 according to Yahoo!Finance. Perhaps a year from now the shoe will be on the other foot for AMD and Intel. EBay has also come back to earth, with an astonishing drop from a 52-week high of $47.86 to just above $29. That has effectively knocked out $26 billion in market capitalization. EBay's growth over the last three years has also been impressive. Revenue was $2.2 billion in 2003, $3.3 billion in 2004, and $4.6 billion in 2005. Operating income last year was $1.4 billion. The quarter ending March 31 was up from the immediately previous quarter, with revenue hitting $1.4 billion. Operating income dropped slightly to $323 million. EBay recently made important progress in a patent lawsuit. And, it certainly remains to be seen if EBay's customers will flee by the millions to the new Google Base service. With a forward P/E of 23, and the dominant share of the online auction market, the shares are hardly risky. Amazon has dropped from $50, on a 52-week basis, to just above $33 taking over $6.5 billion in market cap with it. But, wait. Amazon's revenue grew 61% from 2003 to 2005, reaching $8.5 billion. And, the company trades at only 1.6 times sales. Amazon's first quarter sales were up 20% to $2.28 billion and free cash flow is also up 20% to $501 million for the trailing twelve months. The company also guided that revenue should grow 16% to 24% for the second quarter compared to a year ago. With new initiatives like Amazon-branded consumer electronics devices and movie downloads, the company may well still have a long way to grow. There may be a negative case to be made for all of these aging tech giants. But, most still lead all competitors in revenue, market share, and balance sheet strength. A 52-week low is not where they belong. Douglas A. McIntyre is the former Editor-in-Chief and Publisher of Financial World Magazine. He is also the former president of Switchboard.com, which was the 10th most visited site in the world at the time, according to MediaMetrix. He has been chief executive of FutureSource LLC and On2 Technologies, Inc. and has served on the boards of TheStreet.com and Edgar Online. He does not own securities in companies he writes about. He can be reached at douglasamcintyre@gmail.com.