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Bjrn Strk blog - Fake ESAG/Pentagon story spreads







Bjrn Strk bl0g - Fake ESAG/Pentagon
story spreads

Bjrn Strk bl0g - Fake ESAG/Pentagon
story spreads
03/22/2005 03:18 PM

attempt by other bloggers to circulate a fake story as actual fact

blog.bearstrong.net/001549.html
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Bjrn Strk blog - Fake ESAG/Pentagon story spreads

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to lead a popular uprising across Iraq?
(That was April's we're-losing story).
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Comic Book Resources has the full scoop

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The Story Behind The Story Of The Google
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07/26/2004 12:14 PM
This morning, it seems like the big Wall Street tech story is the official release from Google about what they think they'll raise from their IPO. Looking over all the different coverage, it appears that many (especially in the financial press) seem to be getting the story a little mixed up. The basic facts seem to be that approximately 24.6 million shares will be put on the market with a range of $108 to $135 per share. As noted in the story, some seem to think that breaking $100 may prove to be a psychological barrier for many retail investors, even if the actual price per share is meaningless. Still, if the price is a psychological barrier, rather than a calculated decision, the investor probably shouldn't be buying anyway. A minimum bid from anyone must be for five shares, so anyone who wants in is spending over $500. The range is higher than expected, and could lead to a valuation pushing $40 billion. One analyst makes the bizarre statement that: "The question is not what the company is worth, but instead what people will pay for it," which misses the fairly simple, but important, point that the price people are willing to pay for the stock is what the company is worth. Meanwhile, many news articles are claiming that Google will raise $3.3 billion in the offering, which is not true at all (or at least, extremely unlikely). The details show that Google is likely to bring in about $1.66 billion (and possibly as high as $1.9 billion at the top of the range). That's because only 14.1 million of the 24.6 million shares are actually being sold by the company. The other 10.5 million are being sold by insiders. Now, that's a curious point that no one seems to be focusing on. While insiders do sometimes sell during an IPO, it generally doesn't look too good. While there are plenty of reasons (liquidity, liquidity, liquidity) that people might want to sell, usually insiders get locked up for a bit. It does happen, but in this case, an awful lot of that $3.3 billion (or whatever the amount actually is) isn't going to the company, but to others. The initial IPO filing tried to spin all this insider selling as a good thing, but that's pretty questionable. If people really believe in the stock, why are so many selling it at the very first chance they get? Doesn't inspire the most confidence in the world.

Thanks, Bloggies! BB wins best group
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bl0g, and bl0g of the year!
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Xeni Jardin: Boing Boing pal Scott Beale informs us that our blog just won Group Weblog of the Year at the Bloggies. OMG! What a huge honor! Thank you, Bloggies. We honestly didn't expect this, and we are deeply moved and grateful. There were many other deserving blogs up for awards, backed by talented folks who work very hard, and we raise our collective pirate-eye-patches in their honor: check 'em all out. On behalf of my blog-mates Cory Doctorow, Mark Frauenfelder, and David Pescovitz; our wise "band manager" John Battelle; our sysadmin par excellence Ken Snider; and the rest of the team and extended family that makes Boing Boing possible -- a humble thank you. But most of all, we are grateful to you, our readers, for wasting otherwise productive time on our collective scrapbook of "wonderful things," and for pointing us to even more of those wonderful and undiscovered things each day. We're really sorry that we couldn't make it to SXSW in person to accept the award, but we hope you'll join us in celebrating in person tomorrow at ETCON ( all five of us will be in the same place for the first time). Boing Boing sprouted online a little over five years ago, from paper zine roots planted by Mark Frauenfelder and Carla Sinclair. It is a privilege to blog for you. With you, we look forward to another adventurous year of link-discuss to come. Link

Update: Holy crap! Reader Nathaneal Heasley sez, "Not only did BB win best group ‘blog, it won “blog of the year/best weblog overall” – congratulations!" For those keeping track, this is the second year in a row Boing Boing has received these two awards: Link to 2004, Link to 2005. Man. We're speechless, and overwhelmed by your generosity.

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iTunes Music Store RSS Generator

"I learned from Bill Bumgarner that the iTunes Music Store now has RSS feeds.I'll withhold comment on...." [More Like This WebLog]

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On a side note, here's yet another reason for full RSS feeds. I can't get to the More Like This site right now, which means I can't read the rest of the post OR get to the link. Incredibly frustrating.


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It is Russell Brown, all right, but not as his colleagues know him.Wearing a tuxedo and sportinga black wig, the senior creative director of Adobe, the software group, looks as if he has been processed with the group's own Photoshop system. By Alan Cane (Financial Times via MyAppleMenu)

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Bad News Spreads like Wildfire 09/02/2004 11:12 PM

Here's a perfect illustration of the need to track what's being said about your organization online:

  • Mustn't Text
    "I can understand a place like a restaurant asking mobile phone talkers to step outside, or a place like a gymnasium asking mobile camera users to please not get strange, but a library threatening to fine people if they use text messaging... that I don't quite understand...?" [JD on MX]
     
  • Su rf City Libraries Gets Tough on Mobiles
    "The new regulation, which comes into force from 15 September, means that if a phone rings, or if anyone is caught talking or texting, then they will face a stern warning. After the first ticking-off, though, library vistors can expect to receive fines of $250, $500 and $1,000 for repeated offences." [The Register -- in the U.K.!!!]
     
  • Use a Cell Phone in a Library, Pay $1,000
    "City leaders of Huntington Beach California adopted an ordinance, which takes effect September 15, that bans all cell phone use in libraries, including talking, text messaging and ringing tones of any kind, reports The Associated Press." [textually.org]

And those links are just for starters (just wait until it hits Slashdot!). I feel bad for the Library because this seems to be mandated by the City (was it requested?), but can you imagine what teenagers must think of them for this? How many young librarians do you think will read that story and still want to work there?

I'm the first person to be annoyed by people talking on cell phones and the ringers, but there are far better compromises than this. After all, the press from the first $1,000 fine is not going to go well, and either it will be dismissed (removing the bite from the bark) or the Library will come out smelling quite badly. It would be far smarter to have a designated area for cell phone use, and it's ridiculous to ban text messaging as long as alerts are silent.

Instead, the Library is becoming the butt of jokes online. Do you think they know what's going on their permanent record?


PC anti-Semitism spreads


PC anti-Semitism spreads 11/15/2003 05:38 PM
Haaretz Nov 15 2003 4:36PM ET

New Trojan spreads via spam


New Trojan spreads via spam 07/15/2004 03:47 PM
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Grok Description matches for Bjrn Strk blog - Fake ESAG/Pentagon story spreads
GrokA matches for Bjrn Strk blog - Fake ESAG/Pentagon story spreads

Bjrn Strk blog - Fake ESAG/Pentagon story spreads

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