Friday, March 19, 2004

"Viruses are faster spreading, they're more complex in their payloads and the way the affect machines," Mr. Bridwell said. "When a virus like Slammer can affect the globe in less than 10 minutes, it's almost impossible for antivirus products or humans to react fast enough."

This from an article on the new mo' betta' virulence of computer viruses in today's WSJ: Damage Caused by Viruses
Rose Last Year, Survey Finds

By RIVA RICHMOND


It struck me like science fiction. A fortelling of our world to come, as genetics leaves infancy. You know, the terror to come. Maybe Bush was kinda prescient about the importance of manned travel to Mars.

Thursday, March 18, 2004

The Right Amount

Civil law judgements against wall st investment banks, specialists ( many owned by same investment banks ) & mutual fund companies amount to several billion U$D. This is just scratching the surface of the lemon. For decades as an independent trader, I paid mostly 1c per share. It is true that concurrently the big boys, the mutual fund investors, with real clout were paying ~5c per share on several trillions of shares per year for many years. This was business as usual, custom and usage and all that that implies. Convenient that the costs of research were shifted by fund managers to investors as commissions through soft dollar arrangements. These costs were genuine costs of business for managers and advisors --a cost of doing business surreptitiously shifted to the mutual fund consumer (us). Isn't it the case that by paying 5x what was avaliable to an ordinary professional participant ( me ), that the 4c per share is forfeit from the fund management companies in favor of their client shareholders? Next to the question of treble damages....Serious Dough.

Monday, March 15, 2004

Kerry for President?

March 8 media sez Kerry was told by heads of state that he had their vote, White house responds promptly, asking for specifics and Kerry's people are silent. Then come's the Boston Globe reporter for political reporting saying the transcription was bungled and "foreign" leaders was in fact "more" leaders...This took place late in the day on 15 March ( the Ides of March ) one week after the story broke. Was Patric Healey fishing in the Artic Circle?...was he in a coma?... what took Kerry's people so long to corral this local boy?? is the question that niggles. Is this any indication of the focus or lack of focus on the part of Kerry's campaign and can we expect a more favorable alacrity in a Kerry administration?