Thursday, June 20, 2002

How Companies Go Public. Peek behind the financing curtain. [The Motley Fool] 8:46:11 AM

never pay taxes again! Screw your fellow citizens! never pay taxes again! Ernst and Young will help you be rich, rich, rich! [Adam Curry: Adam Curry's Weblog]  I was taken through a process with E&Y accountants on creating personal tax shelters.  These guys are the most aggressive, smart, and bleeding edge (in the sense that they will push the limits of our tax law to get you out of most of your tax burden) accountants in the business.  Here's the twist: They make tax shelters sound like technology. [John Robb's Radio Weblog] Article includes a vague description of how this works -- hide the transactions using a combination of rarely audited entities that would make it virtually impossible for the IRS to spot.  Sounds like evasion to me -- but this article seems biased towards that conclusion. 7:57:05 AM

Version Fatigue [Slashdot: News for nerds, stuff that matters]  A term to describe what happens to users when software writers fail to just focus on what their customers needs and instead scratch their creative itch.   And that *is* how it happens, too.  7:42:40 AM

Research for Bio/Tech >>>NYT.    The interseaction of biology and technology (infotech, robotics, and nanotech) is turning into a freight train. Hmmm, I think this area needs a strategy level research company (I've looked, there aren't any).  Why?  These new biotech advancements are going to slam comapanies with radically less expensive and more effective replacements of products from physical goods (see "Got Silk") to technology (see "Bio Computers" and "Neural Interfaces").  The reason for a strategy level research company?  Decision makers in the impacted industries can't read the literature on the technologies that are going to slam them.  They need research they can read (and use as a basis of decision making), produced by people that understand the implications of combining biology and technology (unfortunately, those people are rare). <<< [John Robb's Radio Weblog] And then he goes on to say you should start it with a weblog.   At least one person thinks that idea is good  -- I know of one company that I believe is doing it.   7:26:11 AM

Netflix cranks up DVD distribution. With 10 new distribution centers opening throughout the country, the online DVD-rental company believes it has the capacity to handle up to 1 million orders each day. [CNET News.com] 7:12:50 AM