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  • Microsoft's Problem Is In Its Own DNA [View article]
    Well, OK, but I can type 70 words per minute on a regular keyboard, and learning to type on an iPad is equivalent to learning a new skill.

    I guess young people who first learn to type on an iPad will find it comes naturally as they will not be used to moving keys or using a mouse.

    Personally, for non typing computer usage, I would rather lean back in my padded chair with one hand extended to the edge of the desk resting on the mouse and navigating via almost imperceptible twitches of the forefinger, than have to hold a screen in my lap and keep tapping on it, but maybe I am just lazy. Again younger folks may adapt better.
    Aug 31, 2011. 08:40 AM | 1 Like Like |Link to Comment
  • Sirius XM: Using Superior Content To Boost Revenue [View article]
    From Wikipedia"

    "SiriusXM Cancellation in North America"

    "As of 12AM on 9 August 2011, Sirius XM is no longer carrying BBC Radio 1 programming. Sirius XM gave no prior warning to its customers that it was going to be removed. On 10 August, the BBC issued this statement:The BBC’s commercial arm BBC Worldwide has been in partnership with SIRIUS Satellite Radio to broadcast Radio 1 on their main network, since 2005. This agreement has now unfortunately come to an end and BBC Worldwide are in current discussions with the satellite radio station to find ways to continue to bring popular music channel, BBC Radio 1, to the US audience. We will keep you posted. Press Release."

    "Sirius XM to return in North America Sirius XM has announced that BBC Radio 1 will become available again to US listeners this week, as part of a new multi-platform carriage deal with the corporation."

    "Last week, the BBC's flagship music radio station was dropped from Sirius XM after six years on the subscription satellite radio platform, although the corporation continued talks to bring the station back to US listeners."

    "Sirius and the BBC have now agreed a new carriage agreement that will see Radio 1 broadcast on the Sirius XM Internet Radio platform from August 19 at 5pm ET."

    It seems that neither party is really telling the whole story. From another source I gleaned that the BBC said the contract was coming to an end, but that Sirius had not approached them about renewal, so the question is why not.

    Presumably it is a matter of cost and cost probably comes down to music royalties rights. I believe Radio 1 uses primarily or exclusively British music, whereas its more popular sister Radio 2 has a more international flavor. This may be the reason why Radio 2 has not been available on Sirius (rights to royalties).

    I know when I lived in Bermuda in the early days of cable TV there was a lot of difficulty initially getting services like HBO in Bermuda, because the US cable company that partnered Cablevision in Bermuda only had rights to show movies in the US and not for Bermuda, which was covered by some other treaty. It is probably the same with these radio stations and their ability to broadcast copyright music being covered by different treaties in different parts of the world.

    Isn't there some kind of Web site or news organization that covers these kind of issues?

    From what I understand Radio 1 was quite popular (understandably) on Sirius satellite and Sirius just deleted it without giving any proper explanation to subscribers, except that it had to give way to another channel that Sirius had acquired. If I was a Sirius satellite user who listened mainly to BBC Radio One, I would be furious.

    It is hard to imagine that the replacement channel is as good given the relatively high budget of BBC Radio One, with hosted DJ shows round the clock presented by broadcasters many of whom are stars in their own right, and the considerable library of original concert music in the possession of the BBC.

    Of course from the stockholder or option holder point of view (me), it might be good news if removing BBC Radio One from satellite broadcasts makes the service more profitable, even if it does slighly undermine Sirius' claims to be a quality broadcasting service. Certainly it could have covered this news story better.
    Aug 31, 2011. 08:29 AM | Likes Like |Link to Comment
  • Sirius XM: Using Superior Content To Boost Revenue [View article]
    Understood, but I mean having to pay $2.99 extra to get it on the net on Sirius when it is available free on the net anyway.
    Aug 31, 2011. 07:40 AM | Likes Like |Link to Comment
  • Sirius XM: Using Superior Content To Boost Revenue [View article]
    Yes, but you can listen to BBC Radio 1 for free on the Internet anyway, (and BBC Radios 2,3,4,5,6) so this is even more of a rip off.

    www.bbc.co.uk/iplayer/...
    Aug 30, 2011. 10:43 PM | Likes Like |Link to Comment
  • A Sirius Lesson: The Shallow Hal Effect and the Stock Market [View article]
    Dental and vision plans may not be worth having.

    Dental plans offer no more than a discount plan, where the so-called copayments are actually discounted prices. For example one dental insurance plan I had charged a copayment of $750 for a crown. I was able to get 4 crowns in the Dominican Republic for $800, the cost of the so-called copayment for I crown with insurance.

    Same goes for Vision insurance. The free eye test is just a sales meeting to sell you expensive glasses. I was able to pay $50 for an eyetest and prescription and get progressive bifocals with unbreakable frames from the Internet for $70 (have had excellent glasses 2 years now) or regular glasses as cheap as $10. Much cheaper than insurance. Similar glasses would have cost at least $260 in Walmart for frames not as good.
    Aug 30, 2011. 10:38 PM | Likes Like |Link to Comment
  • A Sirius Lesson: The Shallow Hal Effect and the Stock Market [View article]
    So what? You can listen to BBC Radio 1 (and Radio 2,3,4,5,6) on the Internet direct from the BBC anyway, except that it is scheduled on UK time, five hours ahead of Eastern US.

    www.bbc.co.uk/iplayer/...

    Maybe the issue is over music royalties.
    Aug 30, 2011. 10:23 PM | Likes Like |Link to Comment
  • Abbott Labs Delivers Solid Growth And Hefty Yield At A Low Valuation [View article]
    The mean of analyst predictions is about $58. Are these the same analysts who "misunderestimate" earnings time after time after time? The whole earnings estimate beating game is rigged and analysts ought to be renamed stock promoters.

    However Abbot is a fine, ethical company with excellent products and as safe a place to park your money as anywhere in these turbulent times.
    Aug 30, 2011. 07:56 PM | 4 Likes Like |Link to Comment
  • Microsoft's Problem Is In Its Own DNA [View article]
    "But it still sees the world through the eyes of the PC, a device for creating content rather than just displaying it."

    But that is the whole point of the PC. I remember back around circa 1982 when I had my first Commodore 64, which you could attach to a TV and use to play some incredibly primitive game of table soccer. It was exciting because you could actually put something of your own up there on the TV screen, even if it was just a moving dot, instead of just being a passive consumer of programming.

    When is someone going to write a novel, or even a college paper, on an iPhone?

    I know that iPads are the flavor of the month right now, but to my mind my little Toshiba netbook that I took on vacation with me that cost half the price of an iPad is double the value and it is hard to see how tapping on a screen with your finger can really be easier than using a mouse when you are doing something like editing photos.
    Aug 30, 2011. 07:49 PM | 1 Like Like |Link to Comment
  • BP: Cheap Stock, Even Cheaper Management [View article]
    @SeismicBob

    You can say that again. Also here you can check out the biographies of contributors and posters (in many cases) and write to them via private message and get all kinds of helpful advice from people with a lifetime of high level of expertise (not me).
    Aug 30, 2011. 07:31 PM | 1 Like Like |Link to Comment
  • BP: Cheap Stock, Even Cheaper Management [View article]
    BP is a great investment and can only go up from here and the management can only improve. With the situation in Libya resolving, the future is bright. If the stock goes down, BP may be a takeover target. The price around $29 per share achieved soon after the Gulf of Mexixo blow out and the dividend suspension must be the absolute bottom for the stock after every dividend fund in the world had to dump it on the open market. Meanwhile, while we wait for better days, the dividend is adequate compensation.

    Buy half your position now, selling the at the money calls and puts and you either collect 30% plus your dividend by January 2013 or else you are into the full stock position for an average price of $34 per share. The price around $29 per share achieved soon after the Gulf of Mexico blow out and the dividend suspension must be the absolute bottom for the stock after every dividend fund in the world had to dump it on the open market. Meanwhile, while we wait for better days, the dividend is adequate compensation.
    Aug 30, 2011. 05:19 PM | 1 Like Like |Link to Comment
  • Beat Buffett's 6% Yield With Bank Of America Preferreds [View article]
    No but you could buy stock in T, which has a 6% dividend, sell the January 2013 calls for a $6.6% gain over 17 months, and forget about the warrants.

    Or Buffett could have bought BAC Jan 2013 puts and have an excellent chance of 100% return, especially if he invested a few billion more on shorting the hell out of it.
    Aug 30, 2011. 02:49 PM | Likes Like |Link to Comment
  • Why QE3 Isn't Coming [View article]
    I have already started the run by removing my checking account from BoA and moving to the Credit Union.

    Best to hold onto some SPY puts and GLD to keep you warm on a chilly week on Wall St.
    Aug 30, 2011. 02:36 PM | 4 Likes Like |Link to Comment
  • Is The Dow In 1930 A Preview Of 2012? The Case For The 2009 Lows [View article]
    A world of difference. In 1930 the US was still a de facto apartheid nation and many families still had elderly housekeepers who had been born into slavery. The automobile was a relatively new invention and the Interstate Highway System was still 25 years into the future. The only things that came from China were China porcelain teacups and the tea that was drunk out of them.

    In 2011 our economy here in Florida is thriving as well-pensioned automobile execs from General Motors retire and, selling their lavish Detroit homes for pots of money, like latter-day Joad families pile into the wagon, travel south, and build even more lavish spreads here in the mosquito infested state income tax-free swamps of Florida . From the production lines of America's thriving factories comes a stream of healthy retirees with excellent company benefits ready to live high on the hog in the sunshine on Social Security in their sturdy hurricane-resistant trailers.

    Jet setting families fly in from Japan, Germany, and Greece to sample gourmet American treats like hamburgers and hot dogs at Disney in Orlando, and hordesof drug tourists from the Appalachians form lines outside our pain clinics, while Miami is the shopping playground where the thriving Caribbean and Central American middle classes rub shoulders with Haitian millionaires, courtesy of American Airlines, Carifta, and the Caribbean Bathtub initiative.

    Or so we would have you believe.
    Aug 30, 2011. 02:22 PM | Likes Like |Link to Comment
  • Why QE3 Isn't Coming [View article]
    S&P 500 below 100 before we see Queen Elizabeth III? Come along, my man, stop blubbering and pull yourself together.
    Aug 30, 2011. 01:43 PM | 1 Like Like |Link to Comment
  • Pavlov Rings the Bell  [View instapost]
    Once a short seller has been hit with a big stick, next time you only have to show him the stick and he runs to cover. Ingenious.
    Aug 29, 2011. 11:22 PM | 2 Likes Like |Link to Comment
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