Thursday, September 15, 2005

Philosophy and Uncommon Sense v1.4

IT HAS BEEN CALCULATED THAT IF EVERYONE IN THE WORLD DID NOT PURCHASE A DROP OF PETROL FOR ONE DAY AND ALL AT THE SAME TIME, THE OILCOMPANIES WOULD CHOKE ON THEIR STOCKPILES. AT THE SAME TIME IT WOULD HIT THE ENTIRE INDUSTRY WITH A NET LOSSOVER 4 .6 BILLION DOLLARS WHICH AFFECTS THE BOTTOM LINES OF THE OIL COMPANIES. THEREFORE THURSDAY SEPTEMBER 22nd HAS BEEN FORMALLY DECLARED"STICK IT UP THEIR BEHIND" DAY AND THE PEOPLE OF THIS NATION SHOULD NOT BUY A SINGLE DROP OF PETROL THAT DAY.

I rec'd the above by e-mail and was wondering whether the above would work. Logically, I do not see how this would work unless the entire transport, manufacturing, shipping,military, power (i.e. the developed world infrastructure as we know it today) comes to a halt (stop buying for a day would not work as it would mean you have stockpiled you own consumption prior to this date). The cost to the entire world is just enormous if by a miracle this can be pull off. I for one cannot see it happening at all as the world has become overly dependant on fossil fuel.

I for one would just like to see it happening on a smaller scale, for e.g. stop using/ buying microsoft products. We have become overly dependant on certain things in our pursuit of the "modern lifestyle" and hence a slave to a certain extent.

Wednesday, September 14, 2005

Philosophy and Uncommon Sense v1.3

EBay to buy Skype in $2.6bn deal, read the headlines in the business section yesterday.

Been quite sometime since my last blog due to work commitment but I gather a news like this is worth some comments.

For those uninitiated, Skype is arguably the best thing since the e-mail as it allows one to speak to another (via the PC) without paying any additional phone charges with a free-downloaded software.

Those in the finance or IT industry would know that this sum of consideration is sinful by any standards so far and reminds us of the "dot-com" era not too long ago. A quote from news article reads "The company generated $7m of revenues last year, with $60m expected this year and more than $200m in 2006, eBay said." to give readers an idea the enormous sum paid.

Obviously when someone like eBay pays for this kind of money, the newly acquired company would need to generate some kind of income/ return to its new owner to compensate them for this sort of investment. God only knows how skype can generate that kind of income based on their current business model or even any conceivable or logical business model.

The point that I wish to raise here is, investment of this kind is in a way a "zero-sum game". Someone pays and someone receives; net-net a zero-sum. Over a long term though, it may add value but what kind of value are we talking here,in order to be substantial enough to "value-add"?

To me it just defies logic by any measure use. In the IT world today, 5 years is too long by any measure; 10 yrs is probably 2 or 3 generations by human standard.

I'll wait for the time when I shall be proven wrong.

PS: I am also a user of skype and waiting for an invoice soon!

Monday, September 12, 2005

What an eye-full!

A human eye has one lens; a dragonfly's eye has up to 30,000 facets, or surfaces. The facets wrap around its head so the speedy insect can see where it has been as well as where it's going. I wonder which is more amazing; That the dragonfly has 30,000 facets/surfaces or that someone had so much time and resource to count them!

Thursday, September 01, 2005