Lost in the Dark

A week ago I wrote here that the NASDAQ’s highs of Wednesday, May 2, marked the closing bookend of the NASDAQ’s fabulous bull run that carried it 35.6% from the bottom on April 4. So far I’ve been right. From May 2 through yesterday’s close,...

A Golden Opportunity?

Once again we’re faced with a market that doesn’t want to go up, but doesn’t want to go down either. Since last Wednesday’s high on the NASDAQ — which I said was the closing bookend on the NASDAQ’s spring rally — the markets...

Missile Defense Critics Go Ballistic

Talk about quick. It would take more time for a missile to get here from North Korea than it took critics to fire off the same tired arguments against missile defense following President Bush’s recent speech at the National Defense University. What those...

Why Fiber To The Home (FTTH) Is Inevitable

For the past few years, telecom companies have been working diligently to provide us with pseudo-broadband internet connections over copper (DSL) and cable (cable modem). I use the term “pseudo-broadband” because the existing telecom infrastructure can...

What Goes Around Comes Around

Just like old times. Cisco beat by a penny. It was easy, too. All they had to do was lower expectations far below anything you would have dared to imagine in your worst nightmares a year ago. And according to CEO John Chambers, it’ll be a snap to grow revenues...

Olympic 2008: Say No To Beijing

Normal human beings would blanch at the thought of staging an athletic event at the site of an infamous massacre. But China’s Communist rulers, who are bidding hard to host the Summer Olympics in 2008, are not normal human beings. So it comes as no surprise that...