Archive for February, 2006



Seven Sins of Fund Management

Picked up a link from The Big Picture to an interesting paper (warning, .pdf link) critiquing the behavior of fund management.
Paper was written by James Montier at the German investment bank Dresdener Kleinwort Wasserstein. The abstract:
How can behavioural finance inform the investment process? We have taken a hypothetical ‘typical’ large fund management house and analysed […]

PBS and Frontline

My wife and I watched the new episode of Frontline - “Sex Slaves”, which was a gut wrenching look at the global slave trade in women. One man has his wife was kidnapped by a friend and sold into slavery in Turkey. Frontline follows him in his undercover quest to find her, and reports on […]

Seidenberg on Comcast, Net Neutrality

Who would have ever thought a staid industry like telecom could produce mudslinging antics worthy of two Hollywood studios? Seidenberg shot back at comments made by Comcast CEO Roberts, covered in a CNN/Money article as well as a clarification of where Verizon stands on Net Neutrality in Forbes.
Here’s what Seidenberg had to say about Comcast:

“Customers […]

Quick Posting

So much cool stuff happening, so little time!

Portalplayer (PLAY) announced a slick new chipset that adds wireless capabilities.

Vonage S-1 now available - they are going public. A quick scan of the financials bears a striking resemblance to the Web 1.0 super-bubble buy.com. Looks like these guys are planning to sell the service at a loss, […]

Fred Wilson on Net Neutrality

I like Fred Wilson’s blog. It’s eclectic and good reading for both business and pleasure. He wrote something on Net Neutrality today, and how carriers are discussing charging for incremental tiered services.

I have blogged about this issue before and I will reiterate that this is about jealousy and greed plain and simple.
It’s about business Fred, […]

Comcast CEO Needs Greek Literature

Comcast (CMCSA) CEO Brian Roberts answered the question I asked Monday. In a presentation at a New York conference today, he clearly indicated that Comcast has no plans for a lower priced broadband offering and exhibited hubris worthy of Greek literature.

I’d suggest he read Homer’s Odyssey, an outstanding example of hubris as a theme […]

iPod Competition - a Fighting Retreat

The Stalwart follows up on the news that Dell (DELL) is abandoning the MP3 player market and makes a case for the mobile phone being the ‘next threat’ to Apple (AAPL). They make the observation that the fight for market share in dedicated MP3 players could be pyrrhic, and that the real battle is moving […]

Cheap DSL threatening Cable?

DSLreports links to an article from CNET on AT&T’s (T”) and Verizon’s (VZ) $14.95/month DSL service first offered last summer. It offers some color behind the Verizon subscription numbers, namely that they couldn’t keep up with subscriber demand.
These pricing levels are converting the last users of dial-up technically savvy enough to make the transition, […]

Negroponte vs. Gates on the $100 laptop

The debate between cellphones and laptops for the poor is a great example of Realists vs. Elites in charity. Realists propose basic needs like nutrition, clean water, basic health, microlending, and free trade to allow people to realize these on their own terms. The Elites identify the elements of their own lives they deem important […]

Google Darknet Rumors Rise Again

The London Times covers the Google Darknet rumor that surfaced last summer when informed sources indicated Google was buying up dark fiber. More recently, Robert X. Cringley started a really good rumor before CES that Google was going to get into the hardware business. Even Bear Stearns put this in a daily report…. blowing further […]

Verizon Network Hog Nonsense

There has been an awe inspiring amount of uninformed chatter with regards to Vinton Cerf (works for Google now, don’t forget) pointing a finger at Verizon for reserving 80% of their network bandwidth for themselves. It all started with this Businessweek Article. I really need to stop writing about Verizon, Net Neutrality, etc but the […]

Verizon to offer symmetric FiOS?

The Washington Post had an engaging interview with Verizon CEO Seidenberg on Tuesday. One item stood out in the extended excerpts made available by the Post. It sounds like symmetric access is on Seidenberg’s mind.

First of all, when you have 50 to 100 megabits, and you have symmetry of upstream and downstream speeds, now you […]

Ego Posting

I couldn’t resist a little self-promotion. I got picked up by The Register for a piece on Network Neutrality. Here’s a sample quote.

Like Cuban, Schmitt respects the case that the pipe owners can abuse their position - but he doesn’t see it as rational, and he argues strongly against the regulation embodied in the “net […]

Xbox Live - Operation Overlord

Microsoft (MSFT) has been taking flak for their several hundred million dollar investment in Xbox Live, a service that for $12 a month allows users of the console to gain access to sophisticated online gaming capabilities. There is also continued criticism of the building losses within the home entertainment division.
People seem to underestimate the level […]

Mt. Washington Hillclimb

After participating in this event for the first time last year, I was hooked. Last night, while training at the Cycle Loft we casually reminded each other to sign up this week as the event sold out in two weeks last year. Imagine my surprise when I logged in this morning and found out all […]

AT&T Manhattan Investor Conference

Those of you interested in AT&T should check out this monster 169 page presentation (warning, .pdf link) made yesterday at their analyst conference.
The specifics on Project Lightspeed can be found on pages 86 - 113.
Highlights:

Homes Passed in 2006, 2007, 2008 - 3M, 9M, 18M
$4.4B in capex to reach all 18M customers
$700M in annual Opex savings […]





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