Archive - 2007
September 7th
One in Five Americans
Submitted by Aldon Hynes on Fri, 09/07/2007 - 21:57As I started to write a blog post on a different topic, I did a little research related to the now famous question about one in five Americans not being able to find the United States on a world map. Various people have pointed that this is incorrect. According to a National Geographic/Roper poll, "Nearly all (94%) young Americans can find the United States on the world map".
So, I started doing a little digging. A Google search on “one in five Americans” brings up quotes like these: “One Out of Five Americans Consider Themselves Holy”, “1 in 5 Americans believe Sun revolves around the Earth”, “One in five Americans believe in alien abductions”, “one in five Americans believe that they have been the victim of identity fraud” and “one in five of us will die of some form of cancer.”
As best as I can make sense of this, one in five Americans believe in alien abductions. This leads them to believe that the sun revolves around the sun and that they are holy. For some reason, people believing in Ptolemic astronomy and alien abductions are also highly likely to be victimized by identity fraud and ultimately die of cancer.
Either that, or less than one in five Americans think critically enough about the media they consume. You make the call.
1994 all over again
Submitted by Aldon Hynes on Fri, 09/07/2007 - 14:02This morning, I started up Second Life, connected to the Deep Grid and it felt like 1994 all over again. Let me explain.
I’ve always been a technology early adopter. Some technology I play with for a little while and leave it littering up my hard disk. Other technology I start using and find that I use it extensively in my regular life. Still other technology, I start using, don’t have an immediate need for, but keep in the back of my mind as some of the disruptive technology that is worth keeping an eye on.
I first connected to the Internet in the early eighties at Bell Laboratories. Then around 1994, I got my first Internet account and home and started building web pages. I had little idea then what the web would look like today, but it seemed like one of those disruptive technologies worth keeping an eye on.
Another technology that I got involved with around the same time were text based programmable chat rooms. They were fun yet didn’t seem like they would have as much of an impact as websites.
Over the years, I looked at various systems for handling micropayments online. They seemed important but none of them really took off. I played with the Virtual Reality Modeling Language, (VRML), which seemed really cool, but also didn’t ever particularly take off.
Various three-dimensional virtual worlds came along, and I played with them, but it was Second Life that seemed to break through where the others failed. It had the immersive elements of VRML. It had the synchronicity and programmability of text based programmable chat rooms, and it even had a currency that enables micropayments.
It’s biggest problem was that it was a fairly closed system. You needed to use their clients and their servers. SecondLife has made its client open source and they have been talking about providing an open source version of their server software. However, yesterday Reuters ran a story about Rival grids that threaten Linden’s monopoly on SL technology.
The grid was Deep Grid. As I logged in, I found that it had all the feel of some of the 1994 websites that I visited way back then. It was barebones and incomplete. There was nothing really notable to see there. But there was that feeling of a disruptive technology. I set up a server in my office running OpenSim, the Open Source simulator which Deep Grid runs on. It isn’t fully functional yet, but its getting there.
Now, anyone can set up their own ‘Sim’ which they can add to some existing grid or create their own grid. This will bring up all kinds of different issues. How can I take my inventory with me from one grid to another? How about my currency? Will someone set up a currency exchange between Second Life, Deep Grid, and whatever other grids get set up? Will interworld IMing be added? How about teleporting between worlds?
These are all issues that the text based programmable chat rooms faced a decade ago and I imagine with some innovative programming, there may be some interesting solutions for the three dimensional virtual worlds.
Beyond that, there are all the other tools that have grown up around the web. Right now, using my Second Life client, I can find things in whichever grid I’m in. Yet who will be the Google and the Yahoo for cataloging and finding things across multiple grids? Who will make the grids more accessible to the less geeky? Who will come up with applications in the grids that will make them ubiquitous?
It may well be another decade before grids of programmable immersive synchronous sims with functioning micropayment systems become a standard way of accessing information. These grids may be very different from what people used to using Second Life are accustomed to today, but my brief exploration of the Deep Grid sure felt a lot like 1994 to me.
September 6th
Second Life Market Recap
Submitted by Aldon Hynes on Thu, 09/06/2007 - 20:39On the WSE yesterday, XDT has delisted since there was no announcement posted over the past 30 days, and no one had responded why. Delicious Skins (DSE) hasn’t had an announcement since July 20th, however their VP of Public Relations has been selling small amount of stocks over the past few days, so one would hope there is some communication going on there.
Secure Hedge Fund (SHF), had negative news today on its investments. They list their NAV as .927 per share. They traded in a very wide range from .335 to .939 today alone. Volume was very light with only 650 shares changing hands today. Patient day traders might want to put in orders here.
Second Life Netherlands (SNL) announced a secondary offering. In their announcement, they spoke about disappointment that the stock is currently trading below the secondary offering price. They complain about daytraders and people selling stock at lower prices just to get rid of it. They say they are going to ask for a formal investigation and perhaps ask for a halt of trading in the stock. This does not inspire confidence in the company, and I would recommend getting out of the stock while you can. Of course this is likely to drive stock prices further down, which is not what they want to be doing, so perhaps they need to think more carefully about how markets work.
Full disclosure: On August 22nd, I bought 39 shares of SNL at L$ 2.10. I sold them five days later at $2.55. I don’t think that damaged the company. My trading style is generally that of a day trader, but trading SNL and some of the other stocks on WSE is closer to being a week trader. Today, 201 shares of SNL changed hands.
Over on the SLCapEx, Second Life Media Specialties (SLMS) was the hot stock to be watching. Yesterday, they announced a monthly profit of L$221,300. That works out to be about L$.20 per share. They climbed from trading in the L$ 2.70-2.80 range at the beginning of the day up to trades in the L$ 4-5 range. Current bidding is in the L$ 3.10- $3.20 range and is probably a good buy at that price.
Full disclosure: I have been actively trading SLMS which I continue to do.
Other stocks that some major swings were Tropical Temptations (XXX) and Second Life Electronics Company (SLTM) which had wide stock movements but no news. In volume of shares, SL CapEx (SLCX) was the most active, with a sell order for 140,000 shares outstanding.
In general news, as better reporting becomes available, as well as WSE delisting firms for not reporting, I will start paying closer attention earnings reports. Depending on RL considerations, I hope to write recaps like this with some regularity.
Insurance and Building Contracts in Connecticut
Submitted by Aldon Hynes on Thu, 09/06/2007 - 13:53News reports out of New Jersey are talking about twelve people arrested for taking bribes “from companies that offered insurance and roofing services to school districts and municipalities”. The arrests included the chair of the Pleasantville school board, another school board member and three former school board members.
In the Avery Doninger case, people have been quick to point out that some of the costs of defending Superintendent Schwartz and Principal Niehoff have been picked up by the insurance company, Massamont Insurance. Regular readers will recall that on August 23rd I sent this letter to Massamont Insurance. I have not received a reply from them.
As I look at the coming Board of Education elections in Burlington, I note that two of the Republican candidates, Phillip Penn, and Jeanne Doerr work in the insurance industry.
While Region 10 Superintendent Paula Schwartz came to Burlington from being Principal at Summit High School in New Jersey, which saw a “$22 million capital improvement project for the high school” while she was there, I have seen no evidence of corruption regarding insurance or building contracts in Region 10. Afterall, Region 10 as well as Summit High School are in wealthy communities. Pleasantville is a poorer community just outside of Atlantic City.
However, my father-in-law, a retired special agent for the U.S. Treasury Department was part of the Tri-Town Amity Investigation Committee back in 2001. I have not yet read the report of that committee, but it does seem that wealthy communities in Connecticut also are worth investigating.
So, if I were a taxpayer in Burlington, CT, I would be asking a lot of very serious questions about building and insurance contracts of all the Board of Education candidates for this November’s election.
A celebration of local politics
Submitted by Aldon Hynes on Thu, 09/06/2007 - 09:53Last night, the Shoreline League of Democratic Women (SLDW) sponsored a "Democratic Campaign Mall”. It was a celebration of local politics, with a special emphasis on women entering local politics.
The first hour of the event was provided attendees to mingle and find out about people running for local office as well as visit tables set up supporting five of the Presidential candidates. At least three Board of Education candidates were there, including Joan Johanson of Clinton, David A. Stevenson of Bethel and Matt Cooper of Essex. Matt’s wife is due any moment and I didn’t get a chance to speak with him. However, I did get a brief chance to speak with both Joan and David.
Neither had been following the Avery Doninger case closely, but they had both heard of it and knew the general issues. As such they didn’t have any specific comments about the case other than generally upholding freedom of speech, particularly when the speech takes place away from school grounds.
In other discussions during this period, one educator commented about how school superintendents around the state spend inordinate amounts of time speaking with their lawyers and another person noted that schools, particular at the high school view any contact from parents as disruptive. Perhaps if they viewed contact with parents as an important part of their job they would need to spend less taxpayer money on lawyers.