The recently reported three day e-mail blackout experienced by the consumer internet customers of Hughes Communications Inc. (NASDAQ: HUGH) has ended. Although the system has not swung over to its new enhanced version, it appears that Hughes technical staff has opted to reawaken the previous e-mail application to restore that service to its customers. Personal comment from the company regarding this situation was unavailable as of this writing.
What little preview I received of the attempted e-mail upgrade by HughesNet was enticing. It looked streamlined, intuitive and was definitely appealing to the eye. When the company completes its adjustments and makes the hoped for upgrade available, I'll provide my full assessment of the new service for our readers.
A simple 24 hour email outage for a system upgrade has turned into a 3 day technical nightmare for Hughes Communications Inc. (NASDAQ: HUGH). Initially, the company informed customers that email service would be suspended for a 24 hour period, from 6pm Saturday, April 26 through 6pm Sunday, April 27. As of this writing, HughesNet email service is still down.
I guess one can live without email for a few more days, even though some might have important data to transmit via email. It's data which could affect one's career advancement. I guess in my case I could hand it off to my ground based mail carrier. However, because I have become quite accustomed to lackluster performance from Hughes Communications, I'm glad I'm not invested in it.
[Note from the author: Hughes email service fully restored in original format as of 04-30-08]
This is my shortest post ever but I had to share with our readers a marvelous little bit of musical humor. Click on this to see the best Tech-stock bubble video on YouTube, performed by the Richter Scales (to the tune of Billy Joel's "We Didn't Start the Fire") -- very clever. Hope you enjoy it. I am sure it will make the rounds for a long time to come.
Sheldon Liber is the CEO of a small private investment company and the principal for design and research at an architecture & planning firm. He writes the columns Chasing Value and Serious Money.Disclosure: I do not own shares of GOOG, but I do get silly once in a while.
It's been a good week for Wi-Fi startup Meraki. First of all, the company raised a cool $20 million in venture capital. Investors included Sequoia Capital, DAG Venture and Northgate Capital.
What's more, Meraki says it will offer free high-speed wireless Net access throughout San Francisco. No doubt, the announcement is getting a lot of buzz.
But what does this really mean? I had a chance to interview Craig Settles, the author of Good Fight for Municipal Wireless. According to him:
"It is vitally important that people realize Meraki is NOT making this service available for free elsewhere. People have to pay for the hardware and individuals have to step up to provide DSL or some other high-speed landline access for some of these repeaters. Meraki is doing what EarthLink -- along with Google (NASDAQ: GOOG) -- should have done, that is, use the big, high-profile city as a marquee account, but sell the service to everyone else. Don't get sucked into the 'free' hype.
Netscape doesn't have much in the way of loyalists in the realm of content suppliers, and web users seem not to care much what browser they use as long as the utility is fast, accurate and simple. I myself switched from Netscape to Firefox during the last year because Navigator was giving me image handling problems and Mozilla Firefox proved to be easier, faster and less burdensome.
Since 1994, Netscape has been a leading-edge web utility. However in recent years, competition from Mozilla Firefox has relentlessly scooped away market share from Netscape and a strong and victorious competitive battle has been waged in the interest of Internet Explorer by Microsoft Corp. (NASDAQ: MSFT). Although Netscape proved to be a strong web utility, in the last few years it lacked any significant improvements in user friendliness. I think that situation is in part due to Microsoft's reluctance to make the Windows operating system play nice with Netscape Navigator. We may take pause to wonder if Time Warner Inc. (NYSE: TWX) ever properly applied pressure on Microsoft over the situation ... probably not.
In the big picture, no one is going to miss Netscape Navigator. Yes, some few loyalists might whine for a while and some people with fully loaded hard drives might find their machines maxed out by the downloading of a new browser and the system changes associated with that, but in the end it's all good if it makes the browsing experience faster and easier for the end user. Besides, it might force the sale of some new computers, yes?
Perhaps AOL should just spin off Netscape, take a bit of cash for it and write the rest off. That might be easiest in the long run. When given the fact that AOL will apparently be relegating Netscape to second-tier status, do you really think it'll ever get better?
As the holiday season approaches, we thought you might appreciate some gift suggestions with a twist, appropriate for those on your list who aren't satisfied with the same old, same old.
I admit to an abiding fascination with automata, mechanical devices, usually hand-cranked, that perform often-elaborate movements (think cuckoo clocks on steroids). If you have someone like me on your holiday gift list, and an unlimited budget, check out the offerings of Cabaret Mechanical Theatre.
Among my favorites:
Anubis operating a jackhammer
Wankel's Self-turning Sausages
Honeymoon Bed (yes, it bounces)
The Queen's Royal Wave
Miniature jousting knights that fit in your palm
Guillotine fun
Spaghetti eater sitting in bathtub
Lest you think these are toys, note the prices: $500 to $2,000. The Cabaret Mechanical Theatre also tours a collection of much more elaborate automata.
"Stock prices continue to behave bearishly," caution David Nassar and Larry McMillan, options experts and editors of the industry-leading The MarketWatch Options Trader.
Here, they offer a bearish market overview along with a bullish look at beverage stocks -- along with an options play on PepsiCo (NYSE: PEP).
The advisors explain, "Rallies can't gain footholds, while declines are deeper and more long-lasting than seem possible. As a result, there is an oversold condition in this market -- one which can spur sharp, but short-lived rallies at any time -- but a true intermediate-term buy signal is not at hand, for none of our indicators have turned bullish.
"The Standard & Poor's 500 turned bearish when the index fell through what had been support at 1490. That was the last piece of the bearish puzzle. The market has been under extreme pressure ever since. Any rallies towards 1490 can be sold, as that level now represents resistance.
"Meanwhile, where is support? It was at 1430-1440, but that level gave way and it seems likely now that the averages will test 1410 (the August closing lows) and perhaps 1370 -- which is multiple support from both August and March.
"Should that give way, then a true bear market would be underway. Support levels are somewhat meaningless in a nasty decline like this anyway; it is more important to monitor oversold conditions.
Only with Israeli ingenuity can you take a technology that was once reserved only for video games and make it functional in the real world. The news that Israel has launched the anti-hijacking pilot ID system developed by Elbit Systems(NASDAQ:ESLT) is good not just for the company, but for air travel as well.
Starting next year, Israel will require pilots who fly to its airports to use the Security Code System (SCS), a local invention designed to ensure planes that have been commandeered for al Qaeda-style attacks are spotted in time. Israel plans a trial run for the system, using a credit card-sized keypad, next month, in cooperation with five airlines from the United States, Europe and Africa. About 10,000 of the units will ultimately be issued, with Israel bearing the cost. Pilots who fail the authentication test when they approach Israeli airspace will be denied entry. Should a plane go ahead, ignoring further warnings, Israel will consider it hostile and scramble fighter planes for an interception. In the worst case, that could mean an aircraft is shot down.
Several experts familiar with Israeli methodology say the system -- also known as "Code Positive" -- is based on the assumption that a hijacking will take place in one of two ways. Hijackers could either kill the pilots and take control -- as is believed to have been the case in the September 11 attacks on the United States. Or they could force pilots to issue a compliant response to the system in the hope of buying enough time to reach Israel and crash the planes into a target on the ground. In the first case, the hijackers would fail the security check as they entered Israeli airspace, giving military authorities about 15 minutes to launch a response. In the second, Dani Shenar, chief of security for Israel's Transportation Ministry said, pilots would be expected to relay a "May Day" alert.
Let's all hope that this system is never put to use, but in the event of a hijacking, this Israel system could save hundreds of lives.
Aaron Katsman is the lead Portfolio Manager and Managing Director of America Israel Investment Associates, LLC. and Senior Editor of IsraelNewsletter.com. Author holds a position in ESLT as of 11/21/07.
M2E Power has reportedly received a total of $8 million in funding from a group of venture capital outlets including: OVP Venture Partners, Highway 12 Ventures, @Ventures, the CMGI Inc. (NASDAQ: CMGID) clean technology venture unit, and various angel investors. The first round capital funding, it is said, is to be put to work developing "no battery" power sources in mobile devices for military applications with the long-term focus being on civilian applications such as for iPods, cell phones and cameras.
Business Wire reports that M2E, in partnership with General Dynamics Corp. (NYSE: GD), has filed six patents on technology exploiting the Faraday Principle, which involves creating electricity by passing magnets through coils. The reader may wish to note that his principle of electromagnetic induction was proven viable in 1831. Rob Day, principal at @Ventures stated, "They've reached the stage where they've proven this really does work. Prototypes are in actual D-cell or A-cell batteries." You may read about some of the details at AOL Money and Finance.
On September 7, Tom Barlow reported that Amazon.com (NASDAQ: AMZN) would be manufacturing an e-book reader, reportedly tagged the Kindle (perhaps to "rekindle" interest in this technology that hasn't quite caught on?). It competes with the Sony (NYSE: SNE) reader in that it presents the e-book text in a new, crisp format, without reliance on backlighting that can be unfriendly to a bookworm's eyes.
On Monday, AMZN evidently plans to introduce the Kindle, and those in e-book publishing hope the device's launch will lift interest in the format. Arthur Klebanoff, co-founder and CEO of e-book publisher Rosetta Books LLC told The Wall Street Journal that e-book sales in the U.S. likely range between $15 million and $25 million. "By any scenario it's very small," he noted, "but Amazon's entrance is very significant ... this is about trying to change consumer habits."
According to an article on CNET, the device is expected to be priced in the $400 to $500 range and will have the ability to wirelessly connect to an e-book store on Amazon.com. Perfect for when you're on vacation and run out of reading material.
Amazon already sells digital downloads through its music and movies store; the company hopes that introducing its own e-reader could spur interest in downloadable books. In effect, the new product represents an effort from Amazon to return to its roots; books, after all, were the first thing AMZN ever sold.
Slacker is my favorite of the Internet-radio services I've tried. The ability to customize is vast, the programming is top-notch (I favor 90s Alternative and the oxymoronic Indies Hits), and the interruptions are few and far between, even for the free service. Slacker is the primary unit of the privately traded Slacker, Inc., which was officially launched earlier this year.
Throwing its hat into the ring of portable music players -- competing with the likes of Apple, Inc. (NASAQ: AAPL)'s iPod and the Sirius Satellite Radio Inc (NASDAQ: SIRI)'s Stiletto -- Slacker is introducing a portable device, perfect for listeners who aren't tied to their computers. Instead of broadcasting via a WiFi connection, the Slacker device is simply loaded with new tunes (from the user's favorite artists and channels) every time it is synched with the user's PC.
An article in USA Today this week notes that "You have little control over what Slacker selects, beyond identifying what artists you like... but [Slacker CEO Dennis] Mudd says consumers don't care."
Technology continues to evolve faster than most of us can follow -- if you blink, you might miss the next-best thing and find yourself surrounded by obsolete devices. My pale-pink iPod Mini is less than 3 years old and already worthy of mockery -- and don't get me started on my embarrassingly large collection of single tapes. MP-what?
At least Best Buy (NYSE: BBY) is helping prevent consumers from unknowingly buying a television that will quickly be seen as a relic. It's taking all analog television sets off the market. The familiar electronics retailer told its store locations to drop analog offerings at the beginning of October and focus exclusively on selling flat-panel and high-definition sets.
By February 17, 2009, all U.S. television programming will be required to be digital, as ordered by the Federal Communications Commission. Those holding on to old analog sets will be able to convert to the sharper signal using boxes, satellite equipment, or other methods of conversion. More than 60 million U.S. viewing households still watch their favorite shows via analog cable or antennas, and the government plans to offer coupons that can be used to purchase converter boxes. Where can one redeem such coupons and acquire such boxes? Well, Best Buy, of course, beginning early next year.
Since the market's sell-off in March, large cap stocks have outperformed their small-company peers by a hefty margin.
Among other reasons, investors have favored the shares of companies they deemed less vulnerable to the spreading credit crisis, as well as those that might benefit from strong growth in overseas markets should the U.S. economy falter.
Within the universe of larger companies, one group, in particular, has done noticeably better than others. Large cap technology shares, which includes the likes of Apple Inc. (NASDAQ: AAPL), Amazon.com Inc. (NASDAQ: AMZN), Google Inc. (NASDAQ: GOOG), and Research in Motion Ltd. (NASDAQ: RIMM), have had a stellar run, both in absolute terms and relative to other shares.
Are DVDs on their way out as a way to distribute films, specials, TV shows and other video content? Although the early-adopter crowd says yes, I have my doubts. The value added into DVDs these days far outweighs the relative complexity many consumers must confront to get downloadable video content onto their living room televisions.
Alternate audio tracks, digital surround and a plethora of extra features movie producers add to most DVDs are prized by almost every DVD fan I know. On the other hand, downloading a movie for free can be a bit of a process for the technically challenged as well as being a pain to get on that television. There are products like the Apple, Inc. (NASDAQ: AAPL) Apple TV that takes care of this, but at a high cost. DVD players? $30 at a local retailer and you are ready to go.
The price of DVDs has continued to come down slowly but surely, which has to cause concern for movie studios who fear margins are being eroded at the same time movie downloads threaten to lower the revenue bar even further. In an age where DVD releases are meant to make up theater revenue letdowns, the dropping of DVD prices could be seen as a threat. But movie downloads? It's hard to find one solution offered by any company that even comes close to threatening the physical DVD as distribution medium for video content.
The New York Times [registration required] reports that Pudding Media is offering a Web phone service that will listen to your phone calls and display advertisements on your computer screen on the topic of your conversation. In exchange, your calls will be "free."
A conversation about movies, for example, will display movie reviews and ads for new films that the caller will see during the conversation. Pudding Media is working on a way to e-mail the ads and other content to the person on the other end of the call, or to show it on that person's cellphone screen.
The government currently can spy on your phone calls, your Internet activity, and your e-mail. So would you really mind Pudding Media spying on you so it can send you spam while you talk on the phone? While I can see the appeal of this strategy to advertisers, I am confident that people looking for free calls without the spying and spam will be able to do just fine using eBay's (NASDAQ: EBAY) Skype.
Why not visit Pudding Media's site and give their spymasters a piece of your mind?
A simple 24 hour email outage for a system upgrade has turned into a 3 day technical nightmare for 
Although 
I admit to an abiding fascination with automata, mechanical devices, usually hand-cranked, that perform often-elaborate movements (think cuckoo clocks on steroids). If you have someone like me on your holiday gift list, and an unlimited budget, check out the offerings of 
Only with Israeli 
M2E Power has reportedly received a total of $8 million in funding from a group of venture capital outlets including: OVP Venture Partners, Highway 12 Ventures, @Ventures, the 
Slacker is my favorite of the Internet-radio services I've tried. The ability to customize is vast, the programming is top-notch (I favor 90s Alternative and the oxymoronic Indies Hits), and the interruptions are few and far between, even for the free service. Slacker is the primary unit of the privately traded Slacker, Inc., which was officially launched earlier this year. 
Technology continues to evolve faster than most of us can follow -- if you blink, you might miss the next-best thing and find yourself surrounded by obsolete devices. My pale-pink iPod Mini is less than 3 years old and already worthy of mockery -- and don't get me started on my embarrassingly large collection of single tapes. MP-what? 
Just how high will U.S. gasoline prices rise?
Nordstrom and Kohl's post smaller-than-expected Q1 profit declines
Oil hits record $127.43 on supply concerns, raised Goldman forecast
