J. Michels Uranium Index 6/12/07

-$761.00 -1.62%

Paris Wall-To-Wall Sad Commentary of News Media

Even Variety is dumping on the wall-to-wall coverage of Paris going to jail, being put on house arrest and then heading back to jail again.

Story proved its irresistibility long after Hilton was again behind
bars. On Saturday, ABC's "Good Morning America" led with a story about
President Bush's visit to the Pope, but then quickly turned to Hilton.

"This is the decline of Western civilization as we know it, and
we're watching it live," TMZ.com's Harvey Levin told "GMA."

I followed the story how you would normally follow a celebrity story in the pages of the online gossip press like Defamer, A Socialites Life, and the Superficial. I wasn't even aware of the circus until we saw an OJ White Bronco style coverage of the Paris motorcade. Then we went from a gossip pages story to a media event with the real "old-school" 4th estate weighing in.

This shows how this celebrity culture that has grown to monstrous proportions in the last few years. All of this stuff belongs in the gossip pages and in the celebrity press and should never get out of the entertainment portion of Good Morning America.

This is essentially a story about a rich talentless girl who screwed up and now has to serve the time. No one died, or was murdered, or even got hurt. So the media can't use the "if it bleeds it leads" defence. I guess you can paint it as the justice system treating the rich and poor differently. It would actually have been newsworthy to compare Paris's sentence to national averages or interview other probation violators to see what their prison experiences were like.
Even getting man-on-the street interviews on what people though tabout Paris would be better then what they put on.

Instead they follow the Paris motorcade like it was an actual breaking news story and go into every twist and turn like it was something other then entertainment news. At least the Anna Nicole crappola had a dead person, a mystery, and the custody of a child to give it some legs.

I think it is up to news editors to police themselves and make sure a story about an heiress going to jail for a few weeks doesn't become more important then real news stories. They need to show integrity by keeping the entertainment news about entertainment and the "real news" as the "real news."

J. Michels Uranium Index 6/11/07

+$192.00 +0.41%

J. Michels Uranium Index 6/8/07

+$786.02 +1.70%

Acropolis, Chichen Itza lead 7 Wonders Race

It is shaping up to be a real big deal worldwide.

Some 50 million people have voted so far in the competition designed to
produce a 21st century list of the world's greatest man-made heritage sites, but
Tia Viering, a spokeswoman for the organization, said the result is wide
open.

I wonder why there is no American sites on the top list though. It might be anti-American rhetoric that bumped Mt. Rushmore, the Empire State Building, or the Statue of Liberty off of the list? However the other sites on the list are pretty impressive though:

The most popular 10 sites so far include both the Taj Mahal and Christ
Redeemer, along with the Colosseum in Rome, the Eiffel Tower, the Great Wall of
China, Peru's Machu Picchu, Petra in Jordan, and the statues of Easter
Island.

J. Michels Uranium Index

-$1,052.02 -2.23%

Rise of the Religious Left?

I thought it was just lip service that Hillary has been giving to religious folks but there may be a real religious left brewing.

The candidates' easy willingness to appear at the forum also represents
a watershed for the modern Democratic Party: Intimate discussion of faith, and
how it informs policy views and personal behavior, is no longer an arms-length
proposition at the party's highest levels.

I guess the atheist, anti-God wing of the Democratic Party is starting to lose favor. It would seem that "progressive" values and religious values would have coincided years ago. I mean the Catholic Church has usually been anti-war, pro-peace, and anti-poverty for years. However, the reason why the religious left will never be as strong as the religious right is as follows:

But to some activists, especially those who are fighting to maintain
strict separation between church and state, the growth of a religious left
raises the risk that the public loses sight of the proper place of religion
and faith in government.

London Olympics Logo Causes Epileptic Fits

It is getting worse and worse for the "Ugliest Logo Ever Made"

Charity Epilepsy Action noted they had recieved calls from people
saying that they had seizures while watching the animated footage.

One person told BBC Radio London how both he and his girlfriend had
seizures when watching the film, leaving his girlfriend needing hospital
treatment.

J. Michels Uranium Index 6/6/07

-$1,353.00 -2.79%

Merger Mania in Uranium Space

Well one of the Uranium Index companies is going to be bought out.

Canadian uranium explorer and developer sxr Uranium One Inc. agreed to
buy Energy Metals Corp. in an all-stock deal valued at about $1.7 billion, fully
diluted, the companies said on Monday.

The price paid is $17.84 a share which was only a little higher then where the stock was trading when the deal was announced on Monday. This could mean that Uranium producers are fairly valued in the marketplace. It would have been nice if they had a 30% premium or something but oh well.

J. Michels Uranium Index 6/5/07

-424.00 -0.87%

London Olympics Logo Ugly as Sin

Now this is one crappy looking Olympic Logo.

I love the funny British responses in this article.

Bob Neill, 2012 Olympics spokesman for the main opposition Conservative
Party, was disparaging about Coe's optimism, despite him being a fellow Tory
lawmaker.

"Lord Coe has described this logo as 'ambitious, interactive and
youth-friendly'. I would describe it as hideous," he said.

"Questions need be answered as to how we have ended up in this
situation. Was there an open competition to supply the designs? If so, what on
earth do the rejected ones look like!

"We need to know how much money this exercise has cost, because
whatever it was, it's been a complete waste of money."

A poll by the BBC News website asked readers to give it a gold, silver
or bronze medal, or a wooden spoon if they really didn't like it. Eighty three
percent gave it a wooden spoon.

Weird Purple Frog Found

Now this is a pretty funky looking frog that was recently found in Surinam. It looks poisonous so I bet it would be a lousy pet

IPhone Launch Day June 29

I wonder is we will have insane Macnuts camped outside of Apple stores or AT&T cell phone places waiting to be first adopters of this thing.

Sunday night's ads showed off several of the gadget's features and
ended with the pronouncement that the phone will be available "Only on the new
AT&T" and "Coming June 29." One aired on the CW network before a 7 p.m.
broadcast of "7th Heaven."

J. Michels Uranium Index 6/4/07

+$279.01 +0.57%

Real World Denver Cast the Sickest Yet

I was watching the Real World Denver: The Shit they Should have Shown show last night and this cast is perhaps the grossest ever. Each one of these freaks did some sickening stuff. One roommate crapped in a mailing envelope instead of stopping the car like a regular person. While another got drunk and left his poop in his underwear and then threw the underwear poop and all into the washing machine. And a third peed in the corner of the house instead on in the toilet and didn't remember a thing afterward. Finally, one person had a jellyfish sting (or so she though) and 2 cast members peed on her.

They were also drunk and disorderly throughout the show. You couldn't count the times when someone said they were passed out or couldn't remember what they did. One cast member even got so drunk that she kept puking until they had to take her to the doctor. Also one cast member named Jenn was a full-blown alcoholic and was drunk maybe 90% of the times they showed her. She seemed to get drunk every single night no matter what and would black out and not remember what she did. She would cook food, hook up, and generally stagger around in a Tara Reid stupor almost all the time.

Whatever the case this Real World showed a terrible trend when it came to 20 somethings. They kept saying over and over that they were in their 20s and that justified being serial hook-up artists, alcoholics, and not showing general hygiene or common sense. They repeatedly engaged in the most destructive behavior and the shows producers glorified it. The Real World message is you can get fall down drunk every night, hook-up with whomever, crap wherever you want and there are no consequences.

I could just hear Jenn in a drunken stupor yell "You don't know me!" Well, we may not know the real you Jenn; but the one portrayed on the Real world is a statistic waiting to happen. Go to AA and maybe your late 20s won't be a spiral out of control ending in firefighters pulling your mangled corpse out of a car at 3AM. It sure would have been nice if the producers of the Real World showed that this behavior came with a price but they were too busy getting everyone drunk to "spice up the show." I guess you can't expect much from MTV nowadays.

J. Michels Uranium Index 6/1/07

+$636.00 +1.32%

J. Michels Uranium Index 5/31/07

+$385.00 +0.81%

Record Short Interest on this Market

According to this article which views this as a Bullish sign.

This bearishness has added up to short interest of 154.8 million shares in
the SPDR Trust Series 1 (SPY - Cramer's Take - Stockpickr - Rating)
exchange-traded fund, which tracks the S&P 500. Another 237.1 million shares
of the iShares Russell 2000 Index Fund (IWM - Cramer's Take - Stockpickr
- Rating) are also being shorted. If the market heads higher, these all-time record levels of short-selling may trigger a short squeeze of epic proportions.

This is his Bullish critera:

All of these ETFs meet our standards to be considered technically bullish. This means they have reached new 52-week highs within the past five days. Also, the five-day moving average is above the 10-day moving average. And lastly, the moving average convergence-divergence indicator has given a fresh "buy" signal within the last 10 days.

Red Sox Owner Cursed

Now this is bad news if you were a Red Sox fan. John W. Henry the owner of the Red Sox might not be able to afford the 2nd highest salary in baseball if his fund is on its ass.

Henry's business is now in a deep crisis. Long-standing client
Merrill Lynch (MER - Cramer's Take - Stockpickr - Rating)
is yanking $500 million from his commodities and futures trading company,
according to reports published yesterday in The Wall Street Journal.

Merrill, as usual these days, declined to comment. Ken Webster,
president of John W. Henry & Co., did not return calls either.

Can't say I blame them.

The move would send Henry's assets under management plunging to
barely $500 million. That compares with a peak of $3.3 billion at the end of
2004.

They're down 70% this year alone.

They are down 70%! When the Dow is up 17% and breaking all-time records? I wonder if they were trying to short the market, or oil, or maybe gold or something. In any case you have to have a special kind of bad luck to be down 70%.

I wonder if John W. Henry will sell off Big Papi to finance another "No-no Nanette" to make back some of that 70% loss. Are we looking at the "Curse of the Papi" and another 80 year drought for Red Sox fans?

Hillary's Private Flights

It sure is good to have friends in high places when it comes to the Clintons. It would be crazy to think that Hillary would stoop to riding First Class on a regular airplane.

Sen. Clinton, who complained about corporate America's largesse and
skyrocketing executive pay during campaign events Wednesday, said she did not
believe her message was undermined by her acceptance of the private flights. In
line with Senate rules then in effect, Clinton's campaign has said she
reimbursed Gupta at the cost of a first-class flight, typically a significant
discount off the expense of a private jet.

Sounds like something the Senate would be cool with. Upgrade to First Class and get a free bump up to private corporate jet. I wonder why people think that politicians can't see eye to eye with the working man? I wonder if Obama or Rudy are getting these perks as well?

Side-Loading a Big Problem for Wireless Carriers

I guess all of those dreams of revenue streams pouring in from games, ringtones, etc. may be coming to an end according to this article.

The biggest challenger to operators is a practice known as
"side-loading," which is the loading of content in phones via PCs or other
devices. The practice essentially bypasses premium services sold by mobile
communication providers, iSuppli said.

"Side-loading is really coming into its own because of the
proliferation of local interface choices in mobile handsets," iSuppli analyst
Frank Dickson said in a statement.

As soon as I saw that USB port on my phone I knew that the era of buying stuff from your phone was over. Now the only thing that needs to catch up is the ease and convenience of loading outside content onto your phone and its curtains for the V-Cast ringtones store.

The Dangers of Web 2.0

I guess a good idea is always followed by people trying to abuse the system.

Kamkar was looking for a way to circumvent MySpace's content-posting
restrictions to jazz up his profile when he found a bug that essentially allowed
him to control the browser of anyone who visited his MySpace page. "A Chipotle
burrito and a few clicks" later, Kamkar says, he created the fastest-spreading
Web-based worm of all time.

Within 20 hours, the worm had spread to approximately 1 million
MySpace users, forcing them to select Kamkar as their "hero" in their profile
page. News Corporation, the site's owner, had to pull down MySpace to fix the
problem.

So this guy effectively bombed MySpace for 20 hours by accident. Now that sounds like a real bad deal waiting to happen. The problem I am having with MySpace now is that people keep bombing me with fake friend requests. I deny the request and it just causes it to send more. I guess they should start calling it "friend spam."

J. Michels Uranium Index 5/30/07

+$521.99 +1.11%

Eventful.com Used by Candidates

Now it looks like the 2008 Presidential Candidates are going the Web 2.0 route.

Within the last few months, presidential candidates have begun to pop
up on Eventful.com, a site where music fans and others lobby their favorite
performer and writers for local appearances. Some politicians, like Hillary
Clinton have appeared because their supporters have demanded local campaign
stops. Others, like Barack Obama, John Edwards, Ron Paul, and Mike Gravel,
have actively pursued a place on the site and the feedback it offers.

I guess these candidates will use any technological means they can to put their name out there. Too bad eventful.com seems like the Web 2.0 site that will only appeal to people that aren't in Hawaii. It seems that almost all of the events in Hawaii occur at the Honolulu Club. I guess they have a web savvy employee that just blankets their events on the site. I only saw like 5 events that weren't' Honolulu Club events.

J. Michels Uranium Index 5/29/07

-$595.99 -1.25%

Gas Prices Aren't that Bad

This person agrees with me that gas prices really aren't such a big deal to the majority of Americans despite the gloom and doomers out there.

But that ignores the wealth effect, namely that even if today’s gas is
more expensive that it was then, almost every one of us has (even in real terms)
a lot more money to spend on gas than we did then. Will people who spend $20 for a music CD, $50 for ticket to the ballgame or $25 for a haircut really drive
less just because a tank of gas costs $45 instead of $35 or $30?

Yeah it is just one less fast food meal or a few days without your morning Starbucks fix. I think that most Americans can absorb an extra $10 a week. If gas does get to like $5 or so a gallon then it will start to become a real problem.

Rosie Won't be Back on the View

It looks like that heated exchange with Elisabeth Hasselbeck was enough for Rosie.

O'Donnell asked for, and received, an early exit from her contract.
She was due to leave "The View" in mid-June.

I would be willing to lay even money that she will pop up on HBO or maybe Showtime to spout more of her "wisdom" uncensored.

J. Michels Uranium Index 5/25/07

+$1,857.00 +4.05%

Secret World of Uranium Traders

Now this is a very interesting article on how Spot Prices for Uranium is currently done. I agree with this article's assertion that there needs to be more transparency and visibility in this market.

In mid-town Manhattan, near Grand Central Station, a lesser known
‘commodity exchange,’ run by New York Nuclear, has real-time screen trading
every Wednesday morning between 7:30 A.M. and 9:30 A.M. And the screen trading is for the real thing – the physical delivery of U3O8. The processed uranium is offered for delivery within a 30-day period at a licensed uranium conversion facility. Real product trading in real-time by real professionals, who mine uranium, consume uranium or act as a broker for either side.

No, the public is not invited to this clubby function. One must be
a certified market participant to bid for or sell U3O8 through New York
Nuclear’s Uranium Online. While NYMEX paper trading is open to amateurs and
professional traders, Uranium Online only permits recognized persons to bid or
offer uranium for sale.

J. Michels Uranium Index 5/24/07

-$1,856.00 -3.89%

Hillary Aide Says to Skip Iowa

Just as I had hoped Iowa is looking to be less important to Primary Candidates. Hillary's camp is already thinking of spending the money elsewhere

"I believe we need a new approach to winning the Democratic
nomination," Henry wrote. "This approach involves shifting the focus away
from Iowa and running a campaign that is more focused on other early primary
states and winning this new national primary."

So we may not see Hillary eating in the same idiotic Iowa Coffee shop over and over and instead focusing on the rest of America. It is interesting that he is actually calling it a national primary instead of the Iowa/New Hampshire Primary.

J. Michels Uranium Index 5/23/07

+$997.00 +2.13%

Heroes for Hire #13: Sickening Cover

Now Marvel is really falling into the Abyss with this mainstream cover that is not appropriate outside of the pages of Heavy Metal. This isn't an adult book or anything like that but a mainstream book that will be right on the shelves if front of everything. Here we again have an on-the-shelf Marvel product showing women bound and about to be violated by tentacles in what I guess is the new "Merry Marvel Tradition."

The really bad thing about this is that Heroes for Hire is another almost totally female book that might have gone right after this neglected demographic that makes up half of the human race. It could have been just like a Birds of Prey for Marvel but instead it panders to the same repressed nerd, power-fantasy demographic that I guess is buying that Mary Jane statue.

Oh well, I guess this new Marvel is just totally bankrupt when it comes to depicting women with any sort of respect. It seems to Marvel that women are just a bunch of body parts that live only to bow down before their Marvel Zombie masters. It is too bad because I used to read almost 85% Marvel in the 90s. However, I won't be sending any more of my comics dollars their way until they clean their managerial house.

Blackstone to Incure Tax Troubles for the Little Guy

Buried in their prospectus we have this little gem that will prevent me from buying into this IPO I think.

Deep in its IPO prospectus, Blackstone warns that it will most likely
require longer than 90 days after the end of its fiscal year to obtain the
information from its lower-tier entities so that K-1s may be prepared.

"Consequently, holders of common units who are U.S. taxpayers should
anticipate the need to file annually with the IRS (and certain states) a request
for an extension past April 15 or the otherwise applicable due date of their
income tax return for the taxable year," according to the firm.

So that means that they won't be able to give you a K-1 in time for you to file your taxes by April 15. This may be good for those procrastinators but I would hate to have to file an extension year after year just to show that I got an extra $50 in dividends from a foreign source or something like that.

Too bad they can't end their fiscal year in an off quarter like Microsoft does. Oh well I guess I'm going to dodge this IPO unless the dividends are especially juicy. Or maybe I'll just nibble in their LEAP options once they become available instead of purchasing their shares directly. In any case their fancy partnership setup is not for the retail investor.

Red Chinese in on the Blackstone IPO

They have their order in for $3 billion worth of this IPO.

For those just catching up on the news, Blackstone revealed this
morning that it is bumping up its IPO from a planned $4-billion to $7.8-billion
after receiving a $3-billion investment from China. This values the 22-year-old
asset manager at $33.6-billion, which would make it larger than all but a
handful of Canadian companies.

This could mean that the Chinese government is finally going to put that $1.2 trillion in foreign reserves to work getting a higher return then the risk free rate. Could be interesting when they start demanding some board seats after throwing that big cash around.

J. Michels Uranium Index 5/22/07

-$450.23 -0.95%

Mary Jane Statue Provokes Outrage

It seems that Marvel is looking dumb again by releasing a Mary Jane statue that is a cheesecake, washer-woman right out of the 40s.



It is an old, school representation of the subservient female comic character that in 1942 gave us Wonder Woman as "secretary" of the JSA and not a full member until years later. You would think that this kind of sexism in comics has been left behind in the 1940s but I guess Marvel is bringing it back.

On the other hand DC Comics has been toiling for years to bring us female characters that aren't just the fantasy servants of male nerds who live in their parents' basements. Some stuff from DC like Birds of Prey (incidentally written by a woman, Gail Simone) show female superheroes as desirable, smart, and bad-assed at the same time.

They really don't need male super heroes in order to stop the menaces that they do. In fact most of the DC heroes actually rely on Oracle to provide them with intel, help them defeat their enemies, and even save their lives. Also Birds of Prey doesn't try to make the women all butch and mannish with tons of muscles popping out all over. These women are smart, sexy and get the job done all at the same time.

There seems to be nothing comparable at Marvel. Even their publisher doesn't give much thought to their female fans. This guy is basically saying that if women happen to pick up a Spider-man book then Marvel needs to funnel them toward comics meant for them like Spider-man Loves Mary Jane. He doesn't say that Marvel wants to make Mary Jane a stronger or smarter character in order to appeal to female fans that pick up Amazing Spider-man. I guess Marvel is still for the "He-man woman haters club" while DC is actually becoming the big tent of comics. It's any wonder why the only Marvel book I read is Amazing Spider-man (and I may drop the book after this Mary Jane fiasco.)

Why Some Sequels Thrive and Others Flop

This seems like a very canny way of making more money in Hollywood.

"Continuity is certainly a plus when it comes to series," said Brandon
Grey, founder of Box Office Mojo. "Sequels should have a similar feel as their
predecessors and should be in the same universe."

Director Peter Jackson understood that when he shot all three "Lord of
the Rings" films at the same time, ensuring that the same cast, the same
director, the same special effects guys and even the same grips were involved in
each film. There was no quibbling from the audience over who made a better
Legolas; it was the same fresh-faced Orlando Bloom each time.

If they love these some actors in these same roles in the first place they will love them again if the story is as compelling as the first three. People are willing to make movies into $300 million domestic blockbusters only if they get more of the same but just slightly different. They want to feel the same way they felt the first time around as long as things are freshened up a bit.

Spiderman 3 was pretty much the continuation of the love story in the first 2 but with different villians and challenges faced by the main character. I think keeping everyone the same and introducing new characters allows the audience to lose themselves in the same world that they has already made the studio $300 million just a few years ago. So now we have Harry Osborn out but Gwen and Capatain Stacy in. Spiderman 4 may not make more then the first three but I would be willing to bet even money that it will break the $300 million mark easily.

Primaries Trying to Move Past Iowa and New Hampshire

For some reason this is a bad thing according to this article.

"The US has adopted what effectively is a national primary without having
made a deliberate decision to do so," said political science professor Linda
Fowler, at Dartmouth College in Dartmouth, New Hampshire.

I think this only means that two states full of white, rural voters no longer get a chance to pick the President anymore. It is asinine to have the future leader of the free world have to eat in the same Iowa diner 10 times in order to pander to a tiny minority of Americans. I think a President needs to know more about the problems of America in general rather then just have a strong position on farm subsidies. Now a larger slice of Americans get a chance to put up the choices for the next President.

It will hurt people without a ton of early money but if they aren't bringing in the cash in big gobs. However a person that can't raise the money usually isn't a viable candidate in the long run anyway. We may not get a come from behind type of candidate but at least more Americans are involved in the picking process then any other time.

Maybe in future elections we won't have to choose between two different white, Yale, Skull and Bonesmen. If all goes well we could have an Italian Yankee fan that went to Manhattan College versus a Hapa-Black guy that graduated from Colombia.

Blackstone Set to Be Biggest IPO of 2007

And I will probably try to get in on this one early. Blackstone seems like a very well run company whos stock could be up big in a few months.

"Blackstone is a heck of an organization, which has built enormous
franchise value and barriers to entry for rivals," said Jeff Schappe, chief
investment officer at BB&T Asset Management in Raleigh, North Carolina. "It
is still able to take companies private at relatively attractive valuations.
That should give it a premium valuation (in an IPO)."

I wish they could give us an exact date though so I can put it into my calendar.

Municipal Wireless Systems a Big Joke

Now this looks like a bunch of money wasted for something that would seem like a good deal at the on the surface.

A $3 million plan to blanket Lompoc, Calif., with a wireless Internet
system promised a quantum leap for economic development: The remote community hit hard by cutbacks at nearby Vandenberg Air Force Base would join the 21st century with cheap and plentiful high-speed access. Instead, nearly a year after its launch, Lompoc Net is limping along. The central California city of 42,000, surrounded by rolling hills, wineries and flower fields more than 17 miles from the nearest major highway, has only a few hundred subscribers.

What they should have did was to provide some kind of tax incentive for another wireless service provider to come in there and set up shop. I think Clearwire would have jumped at a chance to sign up lots of people in that area. Instead it looks like they paid millions so that only a few hundred people would to sign up for the service.

J. Michels Uranium Index 5/21/07

+$871.06 +1.88%

Consolidation in the Uranium Space?

I have barely started to study this industry when we already have a potential buyout.

Energy Metals Corporation (Toronto:EMC.TO - News)(NYSE
Arca:EMU) announces that it is in exclusive negotiations with respect to a
potential sale of the company. No assurance can be given that the negotiations
will be successful.

That is one way for the big boys to grow when Uranium prices are near an all time high. Whoever the potential suitor for Energy Metals might be, it made the stock pop 18% today.

J. Michels Uranium Index 5/18/07

+$704.95 +1.55%

Wesabe.com is a new Web 2.0 site

This one is more of a financial site for the MySpace set. It is some kind of internet community mixed with financial advice. I would make an account but the idea of one place where all of my financial data is kept is kind of scary. It is a kind of a hack waiting to happen. I'll check back in when this company gets bigger or is bought out by Google or something.

Hot Ice World Found

Another strange world has been found in a distant solar system. This planet has water but in a very weird form:

"Water has more than a dozen solid states, only one of which is our
familiar ice," said study team member Frederic Pont of the University of Geneva
in Switzerland.

In the same way that carbon can transform into diamonds under
extreme pressures, water turns into other solid states denser than both liquid
and ice under very high pressures. Physicists call these alternative forms of
water Ice VII and Ice X.

I wonder if there are any industrial uses of these weird forms of water? Here is an artist rendering of this so called Hot Hoth:

J. Michels Uranium Index 5/17/07

-$804.00 -1.73%

Geron up Big (14%) on Stem Cells Producing Insulin

Now this is some very exciting science if you are suffering from Type-1 Diabetes.

The researchers said they produced islet-like clusters, which resemble
the cells in the pancreas that produce insulin.

In lab dishes, these cells produced insulin, glucagon and
somatostatin, three of the major hormones produced by islet cells.

The cells secreted insulin when they were treated with elevated
glucose levels -- something they are supposed to do in the body.

So these stem cells actually produced these different hormones in a lab test. This shows that there is an actual real world benefit from stem cells research. I wonder if a stem cell created chemical can shut off the stuff that causes cancer?

This also means that the Far Right has no leg to stand on when it comes to blocking Stem Cell research. Any further shutting down of stem cell research could be an actual blocking of new cures for old diseases. Bush better take careful notes of this study.

10 Ways to Decrease Carbon Emissions

Some make economic sense while others could be problematic for some.

1. Buy locally grown food.
-This one is very easy to do and most locally grown food is tastier and fresher then what you can buy at Safeway. Or you could grow your own food and cut out the middle man.

2. Take a different vacation.
-These sustainable vacation places sounds like an interesting idea as long as you don't have to pay extra for them. Some people won't mind a "green charge" but I'm sure others will raise hell if they are on a budget.

3. Work right.
-This is pretty much up to your employer. If your company doesn't require allot of paper documentation then it would be a good deal. However some companies are stuck in the dark ages and have to print tons of stuff for whatever reason.

4. Get a home-energy audit.
-This seems like a good idea so you can identify drafts and see why your heating bill is so much higher. However this sounds like an interesting racket for companies that sell insulation and such. I bet they will probably want you to fail every time you get an audit so they can hook you up with stuff you might not need.

5. Go higher-tech.
-This is a good idea but a laptop will always cost more then a desktop. Also a CRT monitor is sometimes much cheaper then a flat-panel one. As always if you have the bucks you can go that much greener.

6. Unplug.
-This would be a good idea but too bad there isn't an energy saving power strip that would shut itself off after a certain amount of time. Perhaps there is but it just isn't very well publicized.

7. Take a different ride.
-This is sometimes the least feasible thing for some people. If they have kids then it is sometimes hard to get them around in a Prius or tiny car. Also green=more expensive applies here. Finally, all the talk of biking or walking to work doesn't factor in traveling through rain, snow, and heat to get there. Sure you can bike everyday if you are willing to change your clothes twice a day. Also there is the fear of being run down by motorists that you have to contend with.

8. Buy alternative energy.
-This varies on what programs are available in what state. The only thing available in Hawaii is some kind of crap to build solar panels for schools. It just looks like an afterthought that HECO tacked on to make them look "responsible."

9. Avoid the excess.
-This makes the most economic sense. Why throw away a perfectly clean plastic bag when you can save it for later use? Also I save spare napkins from fast food places so I don't have to buy napkins at the store. Everything you can reuse is an item you don't have to buy new.

10. Use less water.
-This one is a no brainer since it will reduce your water bill. Using less water=automatic savings.

J. Michels Uranium Index 5/16/07

+$595.00 +1.30%

Could Geron be up 32% by June?

It looks like it may be the case according to this story.

Geron will follow through on a promise made months ago to establish the
exercise price on 4.125 million warrants for its stock. The warrants, issued in
December and February, will be priced based on the stock's value during a narrow trading window ending June 12. Holders can cash in those warrants, beginning
June 13, by paying 120% of the average stock price during the previous five
sessions, with an upper limit set at $12.14 a share.

The stock is currently selling at $8.18 so if these things price at the top of that range then that would make a tidy little profit. And at least a few money managers are buying like there is no tomorrow:

Lawton, for one, has never seen a company arrange to price warrants
during a specific period months after their grant date. When questioned by
TheStreet.com, Geron itself declined to explain the arrangement or identify who
the warrant holders might be. Meanwhile, partly because of this odd scenario,
Lawton's firm has invested heavily in Geron -- a biotechnology company that it
likes anyway -- in anticipation of a quick return.

While this fund got into the thing so heavily that they became the 2nd largest shareholder and completely filled their portfolio to the brim with shares. (I guess they are a Hedge Fund because I can't find much information on them:)

Meanwhile, however, some investors have decided to pounce on the stock
already. During the fourth quarter, when Geron issued a big block of warrants,
Rock Hill Investment Management bought so much stock in Geron that it emerged as the company's second-largest shareholder. Indeed, a Nasdaq filing indicates, Rock Hill owns far more common stock in Geron than it does in all other companies combined.

Whatever the case this stock could see a runup in the near term and some of their pipeline drugs seem pretty interesting. It could be the next Amgen if you are willing on taking the bumpy ride.

"GRN163L may have the potential to cure (multiple myeloma) by targeting
the cancer stem cells," Rodman & Renshaw analyst Ren Benjamin explained
earlier this month. Thus, "encouraged by the potential of eliminating cancer
stem cells, the company plans to initiate two GRN163L phase II trials in
2Q/3Q07" to expand tests on myeloma and treat a common type of lung
cancer.

J. Michels Uranium Index 5/15/07

-$541.00 -1.17%

Nokia Conjecture

Nokia seems to be winning the cell phone wars with Motorola on the ropes so much so that Carl Icahn is stepping in.

Last month, the company posted its first quarterly loss since 2004 and
Motorola has lost about one-third of its market value since October.
The company said last month that its dismal sales likely would continue to vex
profits at least through the second quarter.

And Nokia is not wasting a moment to jump in and get some market share gains.

Cell phone maker Nokia Corp. said Monday its share of the global
handset market will grow during the second quarter to more than 36 percent.
The company had previously said it expected its market share to hold steady
with the 36 percent share reached in the first quarter.

That is all well and good but this little tidbit from an article on how cell phone companies lock their phones so they can't have as many features and how consumers are fed up with it had me thinking about Nokia's long term plans.

Nokia, for one, is looking for a way out of this vise. The cell phone
maker has begun opening "flagship stores," where it sells unlocked mobile
devices ranging from full-featured business smartphones to consumer cell phones.
The first two, in Chicago and New York, opened last year, and Nokia plans to
open additional stores around the world.

I was thinking about what Nokia could do to break this stranglehold on their phone business. One way they could do it is to buy out one of the main European carriers like Deutsche Telekom and then proceed to turn T-Mobile into a force in the US market.

They could compete by providing a better service then the other mobile players in the US. What they would do is make the American cellular experience more like the European/Asian one. The features on a Japanese phone are 100x better then an American phone and the US carriers dominance is part of the reason.

The whole idea behind crippling features in a phone is a bad for the consumer since it slows technological advancement. Maybe Nokia with its massive cash hoard could go the vertical integration route and provide the phone and the service all in one seamless package.

The big drawback to this is that the other US phone carriers will probably try to freeze Nokia out of their own stores. So it will probably be a bad idea for the most part since they might lose a bundle of market share in the short term and one slip-up and it will be a disaster. However, it would certainly be a cool thing to have a company come out with a top of the line phone that doesn't have everything locked down on it. Also I would love a carrier that doesn't charge you for every feature and nickle and dime you to death. Finally it would be nice of a carrier to compete on how they aren't as crappy as the others (ie Cingular with its "not as many dropped calls as the other guys" crap.) In any case Nokia is now the proven leader in the space until Motorola can get its act together. And that is no conjecture.

Kyoto Accord May Sink European Economy

Hmm this should give some pause to all those people investing in Europe. Also Kyoto might be especially hard on the German economy:

Germany is extremely vulnerable to imposed energy caps. It is strongly
opposed to plans for replacing its coal-fired power plants with gas-fired
facilities, as such a move would only increase its already precarious dependency
on Russian gas imports. Furthermore, successive governments have agreed to shut down all nuclear power plants, which account for a third of Germany's
electricity generation. The Greens' anti-nuclear achievement has thus turned
ideological triumph into an energy nightmare.

Thus it might be a bad idea to start investing in the iShares MSCI Germany ETF. I think some energy based inflation may start to creep into the European economy no matter how fast they raise their interest rates. However that part about shuttering the nuclear plants may get reversed if they are on the hook for billions in fines. That means more uranium demand and thus higher then $130/lb uranium.

Yahoo ETF Center is still Broken

Now this is some bush league stuff from Yahoo Finance. I use them to look at various ETFs and it has been down this whole weekend. Below is the error that I get. The main thing is that this error keeps popping up and it has been a few days already. I can see this happening from some tiny webpage but not from a company that has a $39 billion market cap.

ITunes Video has no Future

It looks like the ITunes like pay $1.00 for a show service is going to be a short lived deal according to this study.

Confusion over different video file formats, difficulties watching
downloaded videos on television screens and other technical problems have kept
average users from paying for shows online.

I agree with this because it is just too much trouble to have to connect your computer to your TV and run cable between them both. Sure you can use something like AppleTV but most households would rather just buy or rent the DVD and pop it into their player. Also Video-on -Demand is 100x easier and quicker then anything downloaded from a computer and then passed through to your TV.

I would much rather put my money on the Kazaa guys' Joost. Now that sounds like a game changer if they can get the content for it.

J. Michels Uranium Index 5/14/07

-$1,499.00 -3.13%

J. Michels Uranium Index 5/11/07

+$1,362.00 +2.93%

House to Starve out the Troops

It looks like the House is determined to win the siege on out troops in Iraq by trying to again cut off funding by July. I wonder what goes through the minds of these guys? This shows how out of touch they are:

"The president refuses to listen to the American people who want this
war to end," said House Speaker Nancy Pelosi, D-Calif.

Yes we want the war to end but we want to leave behind something decent and not unrestrained bloodshed and chaos. The Dems plan just seems to be pulling the troops out at all costs no matter what happens after that.

I think the Dems need to create a comprehensive plan for Iraqi security that doesn't involve starving our troops out by July. If the plan is better then the White House plan of surging and getting out then people will be all for it. I think their uncomfortableness with military matters or seeming too hawkish is what is stopping them from coming up with a better plan then the White House. I mean they have intelligent guys on their side that can come up with a Democratic "How to win in Iraq" plan. Whatever the case "How to Win in Iraq" doesn't involve running away and ignoring the resulting chaos.

J. Michels Uranium Index 5/10/07

-$2,117.10 -4.36%

Bonds Poll Seperated by Race

It seems that a poll conducted by ESPN/ABC says that whites don't want Bonds to break Aarons record as much as blacks do.

What is new is that the latest poll suggests that black baseball fans
are far more inclined to root for Bonds than white fans. While just 28 percent
of whites say they want Bonds to break Aaron's record, three out of four black
fans are rooting for him to do it.

So it looks like the media is trying to make this a race issue when none exists. Bonds is going after the record of another black guy and not Babe Ruth. Nobody much cared when Bonds passed Babe Ruth while Aaron received death threats. Aaron had to face some of the greatest pitchers of all time while enduring segregated conditions and racism almost his entire career. The whole time Aaron was gracious and likable and wore his hero mantle well.

On the other hand Bonds seems to have just used the Cream and the Clear while being a general ass to almost everyone on his chase for the record. That is the reason why is seems Bonds passing Aaron is getting the same big yawn as when he got the home run title. People just don't like Bonds no matter what skin color he has.

I would be willing to lay even money that when A-Rod or Big Papi pass Bonds there will be allot of hoopla surrounding it. I will certainly be following it more then the big yawn I am getting with Bonds passing Aaron.

J. Michels Uranium Index 5/9/07

+$3,707.99 +8.26%

Uranium Futures Trading

The NYMEX introduced Uranium Futures Contracts yesterday and already the price seems to have been pushed up. The spot price was in the $130 range a few weeks ago but now the current futures price is $143. This seems like it would be bad for all those nuclear power plant owners out there. Here are the names of some prominent nuclear power plant owners that might be affected by high prices.

Exelon (EXC)
Entergy (ETR)
FPL Group (FPL)
Dominion Resources (D)

Possibly some short positions or some long dated puts might be good idea since these companies are hovering near they 52 week highs.

J. Michels Uranium Index 5/8/07

-$629.99 -1.38%

Added 3 new Stocks to the Index

I will be adding 3 new Uranium stocks to my Index. Here they are:

Fronteer Development Group (FRG) Another Canadian company that also mines gold and copper as well as uranium.

USEC (USU) This is a US company that extracts enriched uranium from nuclear warheads and provides services for 2 nuclear plants in the US. They also operate the only gaseous diffusion plant in the US which is located in Paducah, Kentucky. They also provide storage and transport of spent nuclear fuel.

Cardero Resource (CDY) This is a small cap that mostly explores for gold, silver, copper, and iron ore. They are currently seeking a partner to develop their Peruvian uranium deposits.

J. Michels Uranium Index 5/7/07

+$988.01 +2.43%

Yhoo+MSFT is a no-go

Now this is bad news for all those people running YHOO up today.

There's too much overlap between Microsoft and Yahoo, and to try to merge the company cultures of two large companies like that in general is hard," Hallerman said.

Hallerman said Microsoft would be better off buying an ad network to beef up its own operations, the same way Time Warner Inc.'s AOL has seen its advertising revenue grow following the acquisition of Advertising.com's technology and sales force.
I agree with him 100%. I agree that buying out 24/7 Real Media (TFSM) for $575 million and then trying to compete is a better idea then just plunking down $50 billion to get rid of one of your competitors. You do get YHOOs 27.5% of the advertising pie added to your 11%. You would still be down from Google's 48% though. Now Google buying out Yahoo would be interesting though. Anti-trust stuff would kibosh that deal though.

Paris Hilton Going to the Big House

I guess you could say it is all parties and boozing until you have to go to jail.

Hilton, who parlayed her name and relentless partying into worldwide
notoriety, must go to jail on June 5 and she will not be allowed any work
release, furloughs, use of an alternative jail or any electronic monitoring in
lieu of jail, Superior Court Judge Michael T. Sauer ruled after a
hearing.

However it looks like they are going to put her into minimum security slap-you-on-the-wrist prison.

She was then ordered to report to a women's jail in suburban Lynwood on
the set date or face 90 days behind bars.

J. Michels Uranium Index 5/4/07

+$1,173.99 + 2.98%

Introducing the J.Michels Uranium Index

I am now actively tracking Uranium Stocks so I might as well post what I have on my blog. So far I have 7 stocks in my index and will add more as they become available. The other players in the industry are either on the pink sheets or only trade in Canada or Australia. Since I have no access to buying those names. I'll just post the stuff I have that trade in the US. Here are the stocks I have in my Index:

CCJ Cameco
RTP Rio Tinto
BHP BHP Billiton
DNN DENISON MINES
URRE URANIUM RESOURCES
EMU ENERGY METALS
URZ Uranerz Energy

I just weighted the index equally because I don't have time to adjust crap to make things fit together. It would be cool to weight these companies by how many tons of Uranium they mine in a year or how much proven reserves they have or something. I don't have time for that because I'm just doing this for fun.

So what I did was just put 100 shares of each stock into my Yahoo Portfolio and I'll post the results. So far this thing is up 5.81% with most of the gain coming from CCJ.

445 is the Greenhouse Number to Beat

It looks like all the Gore Scare Tactics in the world isn't making the quickly growing countries slow down on this issue. Of course the Europeans are 100% behind it because the slower Brazil, China, and the US grow the easier it is for them.

European delegates accused China of trying to strip the 445 figure from
a report being negotiated this week by the Intergovernmental Panel on Climate
Change. They also hinted that other countries were backing Beijing.

Here is a prime example of the Scare Tactics that they are using to slow down global growth:

Going beyond 450 parts per million means "there's a good chance that we
would be committed to the melt of the Greenland ice sheets. While it might take
centuries, that would give us five to six (yards) of sea level rise," Mann said.
He said that would mean island nations would be lost and much of the U.S. East
Coast, one-third of Florida and all of New Orleans "would be
submerged."

Of course we have 30 years before this 445 figure becomes a problem and then a 100 more years until these ice sheets melt. So we pretty much have 130 years for us all to be driving hydrogen vehicles and get our power from safer nuke plants. That sounds *very* doable to me. They may even have greenhouse gas scrubbers invented by then. I think the Al Gore lobby needs to focus on security in their global warming talks. If we use less Greenhouse Emitting oil then we can marginalize Iran, Venezuela, and Saudi Arabia. Forget this "climate change in 130 years" crap but focus on the fact that the countries that hate us will no longer have leverage over us if we go green. Go Green=Peace in our Time.

Now Chickens Contaminated with Melamine

It looks like pet food isn't the only thing that is affected by Melamine.

Hundreds of other producers may have similarly sold an unknown amount
of contaminated poultry in recent months, they added, painting a picture of much
broader consumption of contaminated feed and food than had previously been
acknowledged in the widening pet food scandal.

We might soon feel the pain at your KFC or a price hike on a Chicken Sandwich.

Band of Bloggers to Air Uncensored Iraq Footage

It seems like the History Channel is going to add to its online trove of non-Hitler footage.

The History Channel promises that soldiers with handheld video cameras
will provide the site with "uncensored news" and a "perspective on war never
before seen in history." An expanding pool of military bloggers will deliver
content from the battlefield via cell phones and the Internet, according to a
news release from History.com.

Now this is the equivalent to "as it is happening" war diaries that would be invaluable to historians who will be writing about the Iraq war in years to come. It should be interesting to check out from a amateur historians point of view.

Sony Apologizes for Gory Goat stunt

And someone needs to get fired over this mess.

Among the games to test bravery was reaching into the guts of the
freshly slaughtered goat, with its head dangling from threads of tissue, and
eating what looked like animal intestines, but were actually Greek food. "They
did a Fear Factor challenge to make people think they were eating the insides of
the goat, but in fact it was a traditional Greek soup," said Dave Karraker,
spokesman for Sony Computer Entertainment in the United States.

And for that kind of idiodic stunt I am going to boycott all Sony games until someone gets fired over this event and steps are taken to not let it happen again. Torturing animals to sell a violent computer game is obscene and Sony should know better.

Uranium Futures Set to Trade on May 6

This should be good for the Uranium Producers mentioned in this article.

And Nymex has "correctly identified that the nuclear power industry is
undergoing a renaissance with tremendous growth ahead, as the world struggles to deal with strong emerging market and Asian growth, while facing the reality of
peak oil and an energy-constrained world," he said.

He is right because the Chinese are building reactors like crazy to reduce the amount of oil they need to run their industry.

Physicists and engineers at Beijing's Tsinghua University have made the
first great leap forward in a quarter century, building a new nuclear power
facility that promises to be a better way to harness the atom: a pebble-bed
reactor. A reactor small enough to be assembled from mass-produced parts and
cheap enough for customers without billion-dollar bank accounts. A reactor whose safety is a matter of physics, not operator skill or reinforced concrete.

I think the US needs to seriously look into what China is doing with their reactors. If we can copy them cheaply we may get out the global warming disaster zone that Gore keeps hitting us with. In any case these futures contracts will be a good deal for the companies mentioned in the article. Here are the companies:

Cameco (CCJ)
Denison (DNN)
Uranium Resources (URRE)
Uranium One (CA:SXR)
Energy Metals (EMU)
Uranerz Energy (URZ)
Strathmore Minerals (CA:STM)

These seem like the pure plays. (I have only researched Cameco myself) These companies are the bigger integrated mining companies that also mine uranium as well as gold, iron, etc. They are:

Rio Tinto (RTP)
BHP Billiton (BHP)

This article explains how a SXR Uranium One (CA:SXR) might become the 2nd biggest uranium producer by merging with UrAsia Energy. The combined company will end up hauling in 19 million pounds of uranium by 2012. In any case I'm going to fimiliarize myself with this industry in the same way as I did with the Tanker Industry last year. You can't beat a metal that has gone from $20 a pound in 2002 to $113 a pound today.

Magneto Movie Greenlit

This should be an interesting movie for the most part.

Per the trades, the film will be an origin story, showing the powerful
mutant in his early days when he was still friends with a young Charles Xavier,
played in the films by Patrick Stewart. The movie will reportedly show Magneto coming to grips with his metallic-attracting powers while living in Auschwitz with his parents, and his subsequent quest for vengeance against both his Nazi captors and anti-mutant factions.

So we will get a little WW2 movie mixed with the early life of the X-men bad guy. This would be a perfect spring board for a Captain America movie if Marvel didn't kill him off. I would have had Captain America in WW2 garb as one of the unit that liberated Auschwitz. Or maybe just a mention in the WW2 part of the movie would suffice.

PS3 Claims first Victim at Sony

Ken Kutaragi is out as chairman and CEO of Sony Computer Entertainment. It looks like the PS3s missteps and the Wii taking the lead in the head to head console fight for Japan is the reason why.

The company's latest console, the PlayStation 3, hit shelves in Japan
on Nov. 11 and those in North America shortly afterwards. However, component
shortages meant the European launch was delayed until March. The launch hasn't
gone as well as Sony had hoped, in part because of the success of Nintendo Co.
Ltd., which has managed to outsell Sony to-date with its Wii console.

The Wii is just too cheap and fun for the PS3 to catch up with. Also there is no must have category killer type game for the PS3 yet. The Wii has Zelda and a few others that seem to be selling pretty well. I think there will be more PS3s sold when Grand Theft Auto 4 comes out in Oct 16 of this year.

Amazon On the Comeback

The best part about this story is there margins are finally going up a bit after tightening for years:

One of the most watch Amazon metric its margins, which is a measure of
how much it profits from the sale of an item.

According to Citigroup analyst Mark Mahaney, Amazon's operating
margin for the quarter was 5.9%, which is "materially higher" that what Wall
Street expected and the result of a more positive contribution from Amazon.com's
international sales.

"This marked the first quarter of year-on-year margin expansion
since the second quarter of 2004," Mahaney said, in a note to clients. He rates
Amazon as a sell.

It is also interesting to see how much of there sales ($1.4 billion for overseas and $1.62 billion from US) is now coming from overseas. A weak dollar might be able to boost Amazon's bottom line going forward.

Possible Water World Found 20 Light Years Away

It looks like they found a pretty good candidate for life in a nearby solar system.

Computer models predict Gliese 581 C is either a rocky planet like
Earth or a waterworld covered entirely by oceans.

"We have estimated that the mean temperature of this super-Earth
lies between 0 and 40 degrees Celsius [32 to 104 degrees Fahrenheit], and water
would thus be liquid," Udry said.

We need to send a probe out to take a look at this planet. Too bad it will take at least a generation or two to get back any data from the thing.

Marker-pointing Gets Professor Canned

Now this is sensitivities run amok.

The five-minute demonstration at Emmanuel College on Wednesday, two
days after a student killed 32 people on the Virginia Tech campus, included a
discussion of gun control, whether to respond to violence with violence, and the
public's "celebration of victimhood," said the professor, Nicholas
Winset.

During the demonstration, Winset pretended to shoot some students.
Then one student pretended to shoot Winset to illustrate his point that the
gunman might have been stopped had another student or faculty member been
armed.

So he pretended to kill students with a marker and it got him fired? I think Emmanuel college should review the 1st Amendment of the Constitution again. Or maybe Emmanuel College would rather no one discusses this thing at all. Ah, censorship in the Ivory Tower.

Iraqi Blood Will be On Reids Hands

I think the Bush Admin. needs to press this point home as much as they can.

Reid is in denial about the vicious nature of the enemy and about the
U.S.-led plan to provide more security in Iraq, said deputy press secretary Dana
Perino. "He's also in denial that a surrender date — he thinks it is a good
idea. It is not a good idea. It is defeat. It is a death sentence for the
millions of Iraqis who voted for a constitution, who voted for a government, who
voted for a free and Democratic society."

What is even worse Reid says this kind of thing:

In a question and answer session after his speech, Reid was asked what
the U.S. should do if U.S. troops leave and Iraq collapses into
chaos.

"We know this is an intractable civil war going on now," he
responded.

What sort of idiotic answer is that? Yes, a civil war is going on right now and our troops stand in the way of it becoming far worse. Isn't that a good thing? We are keeping possibly millions of people from dying by us being in the country. Once the security situation gets better maybe then we can pull back. Perino is right that early withdrawl from Iraq would be a death sentence for millions of Iraqis carried out by the Democratic Congress.

Bye Bye Limbo, Slaadi Outraged

It looks like the Catholic Church finally got rid of the idea of Limbo.

In a long-awaited document, the Church's International Theological
Commission said limbo reflected an "unduly restrictive view of
salvation."

I don't think the Slaad and the Githzerai are going to like that though.

Google Beat the Street Again

They sure seem to be hitting on all cylinders now. I think this may be one of the more important metrics that you should be looking out for:

Figures released last week by another Internet metrics company,
Hitwise, showed Google gaining search market share and its competitors
declining. According to numbers provided by Hitwise, Google accounted for 64
percent of all U.S. in March 2007, up from 58% in March 2006. Yahoo Search, MSN Search and Ask accounted for 22% (-1 percentage point), 9% (-4 percentage points) and 3% (-0.5 percentage points) respectively.

That gain in market share is huge because it looks like Yahoo stumbled badly missing their numbers and it might be getting worse in the future. One thing I have been noticing is that Yahoo seems to be back to a point when they have to self advertise again. Before they released Panama almost every ad on their site was a Yahoo ad. Then when Panama was first released you started to notice car companies and other stuff taking the place of the Yahoo ads. Now it seems to be back to the pre-Panama days with tons of Yahoo ads again.

Couple this with the fact that you are now paying 38 times earnings for just 7% revenue growth and -11% income growth. Compare this with Google where you are paying 48 times earnings for 66% revenue growth and 69% income growth. There just isn't any comparison in the search space. Google is the winner and with that Doubleclick merger they will be crowned the "Internet Adking."

Iraqi Insurgents Battling Al-Quida

Just when the Dems want us to quit it looks like the Sunni's are starting to kill off the Al-Qaida elements in Iraq.

U.S. officers say a growing number of Sunni tribes are turning against
al-Qaida, repelled by the terror group's sheer brutality and austere religious
extremism. The tribes are competing with al-Qaida for influence and control over
diminishing territory in the face of U.S. assaults, the officers say. The influx
of Sunni fighters to areas outside the capital in advance of the security
crackdown in Baghdad may have further unsettled the region.

It looks like the "surge" may at least get the insurgents out of Baghdad so we can battle them a little better. Oh well, it looks like the country will be sacrificed by June if the Dems get their way and attack the supply lines of the US forces.

Reid Admits Defeat in Iraq

Well it is official. American troops in Iraq are fighting for a lost cause according to the Dems.

"I believe myself that the secretary of state, secretary of defense and
— you have to make your own decisions as to what the president knows — (know) this war is lost and the surge is not accomplishing anything as indicated by the extreme violence in Iraq yesterday," said Reid, D-Nev.

We might as well bring the troops home and let the country fall into civil war because the Dems are hell-bent on letting that happen. They even plan to starve our troops out according to Reid.

Reid has left that possibility open. The majority leader supports
separate legislation that would cut off funding for combat missions after March
2008.

Yup no more body armor or bullets by March of next year. It is almost as if Reid is working hand and hand with Moktada Al-Sadr or Al-Quida in Iraq or something. He is certainly going to do something that the insurgents could only dream of doing. He is going to hang a defeat on the US. I wonder what the "Air America Chopper leaving the US Embassy moment" will be this time?

I used Yelp and it is Pretty Good

Yelp may be the next big Web 2.0 thing. I have used it for the past day or so and it is very good. Again the content is only as good as the reviewers on the site but many of them are very informative. Now I just need to find some reviewers on there that match my tastes. In fact I may even start putting reviews up own reviews to exercise my "Inner Ebert & Roper. "

NBC Criticized over Killer's video

It looks like people are speaking back against NBC showing this sickening video by a psychopathic mass murderer. Gee, I wonder why?

Family members of victims canceled plans to appear on NBC's "Today"
show Thursday because they "were very upset" with the network for showing the
pictures, "Today" host Meredith Vieira said.

And it looks like they are using the "if everyone jumped off a cliff then we would too" defence:

"The decision to run this video was reached by virtually every news
organization in the world, as evidenced by coverage on television, on Web sites
and in newspapers," NBC said in a statement. "We have covered this story — and
our unique role in it — with extreme sensitivity, underscored by our devoted
efforts to remember and honor the victims and heroes of this tragic
incident."

Yeah they covered it all right by making the killer into the just the kind of celebrity that he apparently wanted to be. At least Cho offed himself so after this wall-to-wall news cycle is over we don't have to hear about this scum for years to come. Well at least not until the next spree killer wants the NBC star machine to air his rants from beyond the grave.

Bullying Caused Cho to Kill?

It seems like it was one of the many things that turned this kid into a psychopath according to this article.

Once, in English class, the teacher had the students read aloud, and
when it was Cho's turn, he just looked down in silence, Davids recalled.
Finally, after the teacher threatened him with an F for participation, Cho
started to read in a strange, deep voice that sounded "like he had something in
his mouth," Davids said.

"As soon as he started reading, the whole class started laughing
and pointing and saying, `Go back to China,'" Davids said.

This was similar to what happened with the Columbine Killers as well. I think schools need to have a zero tolerance policy when it comes to bullying in any grade. If they treated Bullying with the same seriousness as bringing a gun to school, or sexual harassment then maybe we can prevent the next mass killing. I think educators should really be on the lookout for this stuff and make more of an effort to get these kids into some kind on counselling.

Cho Seung-Hui Trying to Ignite Class War?

It looks like the motivation behind the killings may be revealed because the maniac sent a manifesto to NBC.

The package included digital images of him holding weapons and a
manifesto that "rants against rich people and warns that he wants to get even,"
according to a law enforcement official who spoke to The Associated Press on
condition of anonymity because he was not authorized to speak about the
case.

MSNBC said that the package included a CD-ROM on which Cho read his
manifesto.

"NBC Nightly News" planned to show some of the material Wednesday
night, MSNBC reported.

And what is even more sick is NBC Nightly News is going to air this crap. In other words NBC is really going to keep with the maxim "If it Bleeds it Leads." NBC news is giving this killer the publicity that he obviously wanted.

One thing that is interesting is that Hui wanted to kill "rich people" and he rambled on about the promiscuous women that he was stalking. I wonder if the anything-goes, bling-bling culture that is going on today will breed any more Hui's?

I mean it seems he wanted to get even against the rich and promiscuous people. If I was Paris Hilton or Lindsay Lohan I would take on a few extra armed bodyguards. You never know how many more Hui's are waiting out there to "get even." Plus as an added bonus, NBC will play your star making reality show audition tape. Now I see why people watch only the Daily Show for their injection of news.

Bubble 2.0?

Well it seems like it according to John Dvorak.

The event itself was characterized by sessions that did nothing more
than discuss "exit strategies." Hey boys and girls, how about making a good
product before getting into exit strategies? Is that asking too much?

I don't recall seeing something about customer satisfaction, but
plenty about customer acquisition.

It sure sounds like Web 2.0 could become Bubble 2.0 in a hurry. I remember the days when stock would trade at triple digit P/Es because capturing eyeballs was more important then getting those eyeballs to party with their money. It seems everyone is chasing the YouTube megabucks with this talk of "exit strategies" just like people were chasing "buying groceries online" with crap like Peapod.com.

One gripe I have about YouTube is that it is vastly inferior to regular TV. I have played around with YouTube off and on but a video of some fake college girl talking about her life or a dog on a surfboard cannot match stuff like the Sopranos or Rome. I would rather watch Spiderman 3 100x before I watch some crap like Ask a Ninja.

However I think user created content can take off if it is better than professionally created content. For instance the edited version of Phantom Menace (aka the Phantom Edit) is a far better movie then the crap that Lucas put out.

Also user created content shines when it fulfills a need that professional content cannot. You see this in the blog community because the Main Stream Media is always slanted one way but pretends they are not. The Blogosphere lets you read the news slanted exactly how you like it. If you are a leftist you can read DailyKos if you are to the right you can read InstaPundit. They don't make any pretensions to being fair arbiters of news content.

So until someone can churn out the Hobbit on a Mac that could rival anything that Peter Jackson (or now Sam Raimi?) can film then I will be convinced that the YouTube era has actually arrived. Until then I'll take a pass on the Mentos Guys, LonleyGirl15, or the Boy from Brooklyn.

Jack Thompson blames Shooting on Games

Well according to this article mentioned in this Digg he does. I have to admit that the first time I heard the shooter used a 9mm Glock I thought of Counterstrike. I wonder if this madman was hearing things like "Headshot" and "Wicked Sick" when he was killing those people.

I really hope the searching of his laptop doesn't come up with any gaming content. From what I heard from an interview with his roommates he wasn't much of a gamer. He mostly was writing stuff on his laptop from what they said. He does kind of fit the young anti-social video gamer stereotype though. They are usually portrayed as Asian, don't talk to you when you say hi, and are really quiet. This describes like 80% of the people at the game cafe across the street from my office.

The Next Big Thing for Web 2.0

It looks like we may get the next YouTube out of these 6 hot new Web 2.0 properties. I have only got a chance to check out Yelp but so far it looks pretty good. I love reading reviews from non-pros because they usually give an honest opinion. Also there seems to be lots of Hawaii content on the site.


Yelp users post recommendations and reviews on everything from restaurants to dentists.

Visiting StumbleUpon lets you channel-surf Web sites.

Veoh is a video upload site similar to YouTube.

WeeWorld lets users create visual identities that they can then use to represent themselves online and on their mobile phones.

Imeem is a playlist and content sharing site for artists.

Photo sharing site Piczo touts itself as a safe place for you and your friends.

What does Ismail Ax mean?

Now this is an important side note to find out what made this maniac Cho Seung Hui go on a rampage like he did. The things in the article seem like a big stretch however:

In Islam, Ibrahim is known as the father of the prophets and, upset
that people in his hometown still worshiped idols and not Allah, he smashed all
but one statue in a local temple with an ax. Ibrahim's son is Ismail, who also
became a prophet. Ibrahim is Arabic for Abraham, who plays a significant role in
Christianity, Judaism and Islam.

Ibrahim smashed the idols with the ax and not Ismail so this wouldn't make much sense. Now this one I would give some credence to:

Other theories speculate that Ismail Ax could be a reference to Cho's
nickname on a video gaming site...

I checked some World of Warcraft sites but only came up with one 3rd level Tauren Warrior named Ismail. It might be a Counterstrike nickname since one of the pistols that he used was a 9mm Glock like the Terrorists start with.

ESPN needs to fire Colin Cowherd

I didn't even know about this guy until I started listening to this ESPN radio show called "Up All Night" with some guy who is a big Jets fan that I forgot the name of. On that show they usually run ads about "The Herd" with Colin Cowherd.

Well this Colin character has advocated a DDOS attack against a sports blog called The Big Lead for pissing him off somehow. These attacks are already illegal in the UK and will soon be so in Sweden and punishable for up to 5 years in prison. These DDOS attacks make it hard to go to web sites and sometimes cost companies millions of dollars. Cybercrime is not a joke.

So this idiot pretty much advocated for someone to commit a crime just because he is pissed at a blog. After this stunt, this Colin character shouldn't be working for ESPN radio. Asking people to commit crimes in your name is far worse then anything Don Imus has said. ESPN needs to do the right thing and fire this guy.

1 Terabyte Drive Introduced

Hitachi just came out with a 1 Terabyte internal drive for $500. Now we can start looking forward to these types of drives once this tech hits the 50T barrier.

Incidentally, for planning purposes, the next level is the petabyte (a
quadrillion bytes); and then the exabyte (one quintillion bytes); and then
the zettabyte (one sextillion bytes); and then the yottabyte (one septillion
bytes.)

I can't wait to say "fark, my 1 zettabyte drive crashed and I lost every HD-DVD ever created in the history of mankind. Luckily I have a 10 yottabyte external NAS that I stored a backup copy on." I'm betting on 30 years until I can say that.

Cocoa Reduces Blood Pressure more then Tea

Or so says this German researchers:

The fall in blood pressure credited to cocoa could be expected to
reduce the risk of strokes and heart attacks by 10-20 percent, the report
said.

Both cocoa and tea contain polyphenols, a class of chemicals known
to help prevent cardiovascular disease that are present in most fruits and
vegetables. But cocoa has a different type than tea -- procyanids -- that appear
to be more active.

So now whenever you eat some chocolate you can say I am trying to work on my blood pressure.

Diamler offered an Out from Chrysler Merger

It looks like Kirk Kerkorian is finally tired of changing things at GM and decided to just run his own car company.

Tracinda Corp., the investment vehicle owned by billionaire Kirk
Kerkorian, said on Thursday it has sent a letter to DaimlerChrysler (DCXGn.DE)
offering to acquire the money-losing Chrysler unit for $4.5 billion.

In a letter to DaimlerChrysler's supervisory board, Tracinda said that
it is willing to post a $100 million deposit as a sign of good faith.

$100 million is quite a good faith deposit. I think Daimler without Chrysler would be a pretty good buy as well. And it looks like quite a few people are agreeing with me too bidding the stock price up by 4.4% in 4 times the average volume.

Cool Tomb found in Greece

Now this is a cool Roman era discovery:

Archaeologists on a Greek island have discovered a large Roman-era tomb
containing gold jewelry, pottery and bronze offerings, officials said Wednesday.
The building, near the village of Fiscardo on Kefalonia, contained five burials
including a large vaulted grave and a stone coffin, a Culture Ministry
announcement said.

And it seemed to be from around the time that they portrayed in the HBO TV series Rome:

Previous excavations in the area have uncovered remains of houses, a
baths complex and a cemetery, all dating to Roman times — between 146 B.C. and
330 A.D.

Stupid Couple want to Name Child Metallica

Now these are some dumb Swedes.

Michael and Karolina Tomaro are locked in a court battle with Swedish
authorities, which rejected their application to name their six-month-old child
after the legendary rock band.

"It suits her," Karolina Tomaro, 27, said Tuesday of the name.
"She's decisive and she knows what she wants."

I wonder if they rejected The Who Tomaro, AC/DC Tomaro, and Guns N' Roses Tomaro before they settled on Metallica? I think the Swedes would approve Queen Tomaro though.