New tutorial CD for Director MX 2004 available
Grok Headline matches for New tutorial CD for Director MX 2004 available
Integrate Flash MX 2004 and Director MX
2004
Integrate Flash MX 2004 and Director MX
2004
06/12/2004 03:26 AMWebmasterBase Jun 12 2004 7:16AM GMT
Brainstorm 2004 tutorial notes -
Rational Executive
Brainstorm 2004 tutorial notes -
Rational Executive
07/15/2004 12:18 PM
The Agency Costs of Overvalued Equity - Michael C.
Jensen
Here are my notes. They are rough notes and may be a bit
inaccurate or unclear.
Any time two or more people try to engage in cooperative
activities, there is a cost because they never have the same
preferences.
Stock options should be adjusted to dividends and cost of capital
or their incentives are not aligned with shareholders.
If you as a manager find yourself in a situation where your stock
is overvalued. It sets up pressures that cause people to destroy
value. When an executive commits fraud to deliver market expectation,
they know it's overvalued. 70bn peak but was worth 30bn for Enron.
They had a choice of defending the 70bn or confess that it's really
only worth 30bn. The board and the investors won't feel that it is
value reseting, but rather value destruction and would fire the CEO
and look for someone who could perform. No easy way to correct.
Probably prevent from getting there. If you're there, you've probably
lost your job.
Enron could have stopped the run-up, but they didn't see the
downside of the run-up. "Charlie and I get just as uneasy when a
company is selling for more than the intrinsic value than when it is
trading at less." - Warren Buffet.
Overvaluation is managerial heroin. Feels good at the beginning,
but turns out really bad at the end. The pressures of the market cause
messing with the gray area of accounting. People raise money to buy
companies and destroy more value. Funding of risky investment.
For every $1 in the purchase price, $2.31 is lost in the value of
the firm for Nortel when investors realized that the acquisitions were
not adding value. Companies destroy value with acquisitions. They con
the market into believing that they can add value so it postpones the
day of reckoning, but it eventually comes and comes bigger. Bad
acquisitions were overwhelmingly with stock. Auctions with multiple
irrational people increasing irrationality.
Throwing stock options in is like throwing gasoline on the fire.
The solution is in the governance system. Can't solve all problems
with incentive systems. You need honest and intelligent people who are
monitoring. Unwinding constraints. Lockups after vesting.
Why did the shorts shut down shop at the beginning of the
turn-around and didn't correct the problems.
95% of waste from stock options went to people lower than the top
five officers. Some people think it is costless to issue options, but
this isn't true.
DON'T LET YOUR STOCK GET OVERVALUED. If your stock is overvalued,
YOU ARE GOING TO BE IN TROUBLE.
Solution for not having stock overvalued. Communicate your
strategy. Don't forecast earnings in value. Publish audit-able metrics
for strategy. Stop producing short term earnings forecasts. Would not
even do rolling 12 month earnings forecast. Managers should not be in
business of forecasting.
Comment -
TrackBack
Director MX 2004
Director MX 2004
02/13/2004 07:56 PMDevelop high-performance multimedia content and applications for CDs,
DVDs, kiosks, and the Internet.
CNN.com - Tenet resigns as CIA director
- Jun 3, 2004
CNN.com - Tenet resigns as CIA director
- Jun 3, 2004
06/03/2004 01:55 PMBush: Tenet resigns as CIA director .. a bit more information ..
continuous fire ..
CNN
cnn.com/2004/ALLPOLITICS/06/03/tenet.resigns/index.html
track this
site | 5 links
Hot: Macromedia announces Director MX
2004
Hot: Macromedia announces Director MX
2004
01/05/2004 01:46 PMMacromedia has announced the latest version of its massive multimedia
package Director. The newest version brings the package up with the
other products in the
Studio MX 2004
series which started shipping in the later portion of 2003. You
should be able to snag a copy of Director MX 2004 in February.
Macromedia was nice enough to meet with us before the announcement,
and we've put the full scoop in our exclusive
Director coverage page. Several screenshots are included.
Like Pixels? Check out MacDesign
Macromedia Announces Director MX 2004
Macromedia Announces Director MX 2004
01/05/2004 08:03 PMMac Observer Jan 5 2004 7:58PM ET
Macromedia releases Director MX 2004
Macromedia releases Director MX 2004
02/13/2004 03:56 PMglobetechnology.com Feb 13 2004 7:11PM GMT
Macromedia announces Director MX 2004
Macromedia announces Director MX 2004
01/05/2004 01:11 AMMacromedia on Monday announced Director MX 2004, the latest release of
its popular multimedia authoring tool...
Macromedia ships Director MX 2004
Macromedia ships Director MX 2004
02/12/2004 08:19 AMMacromedia Inc. on Thursday
announced the release of Macromedia Director MX 2004, the latest
version of their popular multimedia authoring software for Mac OS X
and Windows. The new version adds new features including support for
JavaScript and Flash MX 2004, and much more. It can be downloaded
today from the
Macromedia Online
Store.
Macromedia Unveils Director MX 2004
Macromedia Unveils Director MX 2004
01/09/2004 10:12 PMBetaNews Jan 9 2004 3:45AM ET
Macomedia Ships Director MX 2004
Macomedia Ships Director MX 2004
02/12/2004 10:05 AMThe new version adds new features including support for JavaScript and
Flash MX 2004, and much more. By Peter Cohen (MacCentral via
MyAppleMenu)
Macromedia ships Director MX 2004
(MacCentral)
Macromedia ships Director MX 2004
(MacCentral)
02/12/2004 09:56 AMMacCentral - Macromedia Inc. on Thursday announced the release of
Macromedia Director MX 2004, the latest version of their popular
multimedia authoring software for Mac OS X and Windows. The new
version adds new features including support for JavaScript and Flash
MX 2004, and much more. It can be downloaded today from the Macromedia
Online Store.
Director MX 2004 Video Tutorials by
lynda.com
Director MX 2004 Video Tutorials by
lynda.com
08/02/2004 09:01 PMGet up and running fast with Director MX 2004 with these video
tutorials.
Macworld: Macromedia to intro Director
MX 2004
Macworld: Macromedia to intro Director
MX 2004
01/05/2004 05:01 AMMacromedia Inc. will introduce
a new version of the company's flagship multimedia tool, Director MX
2004. The company is exhibiting at this week's
Macworld Conference & Expo
in booth 717. Director enables users to develop multimedia projects
suited for the Internet, information kiosks, CDs and DVDs.
Macromedia offers Director MX 2004 demo,
Breeze tour
Macromedia offers Director MX 2004 demo,
Breeze tour
02/13/2004 01:28 PMIn addition to
shipping Director MX
2004 on Thursday, Macromedia made a
trial version available for download. The demo of this
cross-platform multimedia content and application development tool is
fully functional but expires after 30 days.
CSS Tutorial
CSS Tutorial
07/21/2004 07:50 AMSelectutorial: CSS
selectors: Here's a fantastic CSS tutorial which includes a
22-step guide to go from this
to this
through nothing but CSS. They're even nice enough to show you
the BrowserCam
results. Very well done.
Click here to comment on this entry
Get Url Flash tutorial
Get Url Flash tutorial
02/10/2003 06:12 PMStickysauce Feb 10 2003 4:24PM ET
A Book, A Tutorial
A Book, A Tutorial
03/13/2003 10:21 AMFrom Ben Hammersley: Weblog Hacks "Part of the Hacks series, the book
will consist of at least 100 cool tricks,...
Online Tutorial
Online Tutorial
03/13/2003 10:23 AMWe have added an
online
tutorial for those who are getting started with NewsGator.
Take a look!
PubMed Tutorial
PubMed Tutorial
12/09/2003 06:07 PMPubMed Tutorialhttp://ww
w.nlm.nih.gov/bsd/pubmed_tutorial/m1001.htmlWelcome to
the "PubMed Tutorial", the Web-based learning program that will show
you how to search PubMed®, the National Library of Medicine's
(NLM™) journal literature search system. This tutorial has been
designed to work with Microsoft Internet Explorer® version 4+ and
Netscape™ version 4+. It contains animated demonstrations of
procedures, for which you will need the Macromedia Flash™ player.
Tutorial Database
Tutorial Database
08/12/2004 09:36 AMTechTutorials: Free Computer,
Programming, Networking and Application Tutorials: A good
directory of tutorials. Doesn't look like much original content, just
links to tutorials on other sites, categorized by app, platform, or
skill type.
Click here to comment on this entry
New PHPComplete.com Tutorial
New PHPComplete.com Tutorial
05/31/2002 08:11 AMEncryption Tutorial
Encryption Tutorial
05/23/2002 10:39 PMPDF-Reuse-Tutorial-0.10
PDF-Reuse-Tutorial-0.10
05/11/2004 06:36 AMPDF-Reuse-Tutorial-0.08
PDF-Reuse-Tutorial-0.08
11/11/2003 10:33 AMEl tutorial de barrapunto
El tutorial de barrapunto
05/13/2004 06:25 AMNew PHP Newbie Tutorial
New PHP Newbie Tutorial
05/23/2002 10:39 PMOSCON Tutorial Hacking
OSCON Tutorial Hacking
07/14/2004 12:04 AMO'Reilly really wants the slides or material for the MySQL Performance
Workshop session that I'm doing at OSCON in a few weeks. I'll give you
one guess. See if you can figure out what I'm doing tonight... Good
guess! I'm gonna start with plain text and worry about what (if any)
"presentation software" I want to use later. I'm really tempted to
just have them print an outline as the handout. All I really need is a
whiteboard and a...
OAI for Beginners Online Tutorial
OAI for Beginners Online Tutorial
11/03/2003 05:29 AMOAI for Beginners - the Open Archives Forum Online
Tutorialhttp://www.oaforum.org/tutoria
l/This tutorial is an introduction to the Open
Archives Initiative Protocol for Metadata Harvesting (OAI-PMH).
Working through this tutorial you will:
* gain
an overview of the history behind the OAI-PMH and an overview of its
key features;
* achieve a deeper technical insight into how
the protocol works;
* learn something about some of the main
implementation issues;
* find some useful starting points and
hints that will help you as an implementer.
The Overview,
History and Development of OAI-PMH, and Glossary may be used on their
own to gain information about OAI and OAI-PMH without going into
technical implementation details.
Tutorial de Secure Shell
Tutorial de Secure Shell
01/22/2004 02:53 AMC Language Tutorial for Cocoa
C Language Tutorial for Cocoa
06/08/2004 05:22 PMScott Stevenson: "Most C books will assume no programming experience,
and teach you syntax and concepts that are irrelevant or
counter-productive in Cocoa. So in the interest of providing the best
overall solution, this tutorial makes two assumptions. First, I
assume that you have a basic, non-expert understanding of PHP. Second,
I assume that your end goal is to write Cocoa programs in
Objective-C. You will also need to know how to enter simple
instructions on the Mac OS X command line using the Terminal
application.
photoshop tutorial for photographers
photoshop tutorial for photographers
05/24/2004 09:12 AMi like this one because it's simple enough for me to understand
Etech tutorial slides
Etech tutorial slides
03/17/2005 04:23 AMI'm in San Diego, talking at the Emerging Tech. The signal flow is too
much to write much right now. But to get it out there, here are the
slides from my tutorial on Atom as a pdf, and the...
Internet Security Tutorial
Internet Security Tutorial
02/12/2004 01:24 AMSo it's official, maypole tutorial here
2. dec
So it's official, maypole tutorial here
2. dec
12/17/2004 06:38 PMOslo.pm has just announced their first technial tutorial in quite a
while. It’s an introduction to Maypole , the amazing...
New Wise-Women Tutorial
New Wise-Women Tutorial
02/05/2005 09:06 PMThere's a new tutorial up at the Wise-Women site, Cascading Style
Sheets: Using Element Display For Layouts, Links & Lists by Miraz
Jordan. Check it out. And yes, the site was semi-retired for a while,
but we've got some new...
CodeWalkers: Databases and SQL
(Tutorial)
CodeWalkers: Databases and SQL
(Tutorial)
04/20/2004 08:33 AMCodeWalkers.com has a new
tutorial posted for anyone out there that's new to the scene and needs
a little help with databases.
Tutorial on How to Burn an ISO Image
Tutorial on How to Burn an ISO Image
12/05/2003 06:39 PMA Photoshop tutorial for photographers
A Photoshop tutorial for photographers
05/25/2004 02:37 PM“Five years ago we sold our darkroom equipment and moved our
image editing to the computer. The image editing software we chose was
Adobe Photoshop. It took us about a year to be able to make images
from the computer that were as good as ones we had made in our wet
darkroom. Today we are making images that we could not even have
dreamed of making before. Since then our
expertise in Photoshop has increased many times
over, but our basic workflow has remained the same.”
Grok Description matches for New tutorial CD for Director MX 2004 available
GrokA matches for New tutorial CD for Director MX 2004 available
New tutorial CD for Director MX 2004 available
