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The Insiders Are Perfect On Innodata Stock
First of all anyone interested in this story has to read an excellent analysis right here: Innodata - Cheap and Forgotten. The article is bullish but lays out both sides of the case completely.
The first thing I looked at was the long-term history of this INOD stock and the management team. For a decade there have been a few periods of excitement and higher prices, followed by a lack of results and share prices back in the trough.
But rather than just relegate the name to the watch list and move on I pinged an insider share service (Insidercow) and was very surprised at all the insider buying. Going further the insiders have had an uncanny history of timing their purchases and sales very well. As the table below boldly shows they've taken millions off the table very deftly near peaks and bought back in after.
The transaction detail behind this summary are available in a Google spreadsheet here. We did eliminate two small transactions in the recent period from one insider who did a sell and a buy.
It's also important to note that management actually didn't sell on the 2012 spike. Either they didn't get the chance or were genuinely surprised. They did add to positions post the 2012 spike though.
So in view of this track record and the analysis already provided I'd say it tips the scales in favor of a long here. Management may still disappoint and they are not ones to rush but history suggests that recent (heavier) insider buying. Essentially management doubled down post the 2012 drop and probably expect $6-$7 prices to be achieved again.
We're not long now and see the stock today has given back the gains it received yesterday on the bullish article. But our inclination now is to take a chance on this one.Tags: INOD, long-ideas
An Emerging Growth Company In Cloud Security
It's only been seven months since we first started covering Viscount Systems (VSYS) but things have moved quickly as seemingly everyone is waking up to the inevitability of using the cloud, software and mobile devices to replace old approaches to handling access control specifically, and physical security in general. This is a major shift in the security segment and one that is at a very early stage of evolution, with Viscount leading the way.
Viscount stock has performed well since our initial report (up 60%) but still well below our near-term IV (Intrinsic Value) estimate of $0.26. Reported results have remained on track in terms of expanded distribution, ramped up channel partners and large pipeline of new business to close. The company recently attracted an additional direct investment of $675K via a private placement at the current valuation to accelerate their plans.
Viscount has had success in cultivating a relationship with Microsoft (MSFT), and is now partnered with the Microsoft Global Security Operations Center, which handles security for all of Microsoft's facilities and people around the globe - encompassing 700 sites worldwide with 183,000 active personal access control accounts. Viscount's Freedom access control technology is now deployed in a facility at the Microsoft Redmond, WA campus. For more information click http://www.msgsoc.com/p_viscount.html.
Viscount recently announced new contracts for Freedom with a diverse set of end users, including the U.S. Government, school districts, financial institutions and real estate properties. These wins not only demonstrate Viscount's compelling value proposition, but also a "dual use" market opportunity in the government and private sector.
The market for security software is developing faster than we thought a few months ago. Investors have recognized the need for "next generation" IT security software technologies like those from Imperva (IMPV) and Palo Alto Networks (PANW) but there is a similar set of developments around people and access control as well.
Near-term business trends are encouraging. Here are a few snippets we pulled out of the company conference call in March discussing 2012 results and progress in 2013:
· The company has a pipeline of new business opportunities of over $12M, which means that substantive YoY growth depends only upon their ability to execute and close business.
· The company is expanding their sales force and opening strategic field offices in North America with the first now up and running in Washington, DC. Channel partners are being brought on board. Recent financing is boosting their sales and channel expansion.
· Viscount is maintaining a strong edge over competition with no losses of business to competitors so far in the expanding sales process. Their technology solution is unique compared to what the other large vendors are offering.
· Technology leadership is being actively protected with an active IP development program. Viscount has filed 60 patent claims in the past two years and is adding more to ensure that the innovations they have brought to market will not be adopted without returns to shareholders.
Viscount is the only public investment vehicle in this space and has the potential to reward investors with large returns. The shares are trading at less than half of our base case intrinsic value (IV) estimate of $0.26. Based on the potential acceleration of adoption led by companies like Microsoft we would reach an IV of $0.84 in one year.
We encourage investors to refer to our full original report for more background and the IV model.
About Viscount Systems
Viscount Systems Inc., designs unified IT and physical security software platforms for building security and emergency planning. Recent awards include the 2012 Microsoft "Be What's Next" award, SIA Convergence Solution of the Year 2011 and Homeland Security Platinum Award for Emergency Response and Gold Award for Access Control at GOVSEC 2011.
About Viscount's Freedom Encryption Bridge Solution
Freedom Encryption Bridge is the first and only access control system that allows entry devices (ID cards, RFID readers, biometrics etc.) to be connected to standard building IT networks without requiring expensive control panels that are programmed from a PC. Freedom changes the paradigm of IT friendly access control. It eliminates up to 80% of the cost of traditional systems that require the installation of control panels. And, it utilizes existing logical IT security software (LDAP) to replace both the control panel component and the software component of traditional systems. Freedom drastically reduces system costs while providing a much more secure software solution.
White Mountain Will Be The New King Of Titanium
Capsule Summary
White Mountain (OTCQB:WMTM) is developing a unique, very high value titanium asset that will emerge as one of the largest and highest grade sources over the next few years. They are also testing and commercializing a new refining process for titanium that could accelerate overall demand for the metal; the Cerro Blanco project has access to the patented Chinuka process. Using conservative price and cost assumptions our intrinsic value estimate for WMTM is $2.28/share. Due to the step function in future production volumes and profitability in subsequent years, a price target to just over $5 by 2015 is possible. These figures don't include the potential of their new titanium technology process.
Titanium (NYSE:TI) is a vital metal element that is used for TiO2, or "the white," in everything from paint to paper. In addition, Ti metal is increasingly being used in industrial and aerospace applications since it has the best strength to weight ratio of any metal and doesn't corrode. Titanium is relatively expensive, though, since high-grade forms are not in abundance and the refining process is inefficient. Demand for Ti and TiO2 will keep growing and will even accelerate if the refining process can be improved.
White Mountain Titanium Corporation (OTCQB:WMTM) has two advantages in this market:
- Ownership of what will be one of the world's largest (165 mm tonnes) and highest grade deposits of natural rutile for the production of both Ti metal and TiO2 that, when fully developed, would generate at least 100,000 tonnes per year for up to 20 years.
- Exclusive rights to a patented new method of producing Ti metal that could dramatically lower costs versus the current 80-year-old "Kroll" process. This so-called "Chinuka" initiative is in the process of moving from the halls of academia to commercial development.
Realizing the value of the mine (Cerro Blanco) will be the main driver of enterprise value over the next few years, but behind that is the potential for the Chinuka technology to generate additional substantial returns for WMTM shareholders over the long-term.
Investors have a well-established, publicly-traded comparable company in Sierra Rutile (LSEAIM:SRX) which owns what is currently the largest natural rutile operating mine and generates $180M in revenue and $83M in net income. Their valuation of just under $500M is discounted in part because they are based in Sierra Leone, which is perceived by some investors as a risky base of operations. WMTM will be very similar to Sierra Rutile in a few years with some additional advantages, especially in terms of location.
White Mountain has been actively developing this property since 2004 and is now at the point where the potential can begin to be realized as upcoming milestones are achieved. For example, we expect the submitted Environmental Impact Study (NYSEARCA:EIS) to be approved this year, additional infill drilling to expand mine life from 7 years to over 20, the initiation and completion of the Bankable Feasibility Study (NYSE:BFS), new financing resources and partners and even demonstrated improvements and new initiatives around the Chinuka process.
Led by an experienced management team, the company has made significant progress over the past decade since it was founded. That said, there is much work to be done on both the operational and financing side in the year ahead - work that is key to create a strong foundation for commercialization of the titanium mine asset and continued development of the Chinuka's metal processing technology.
Surveying the titanium landscape and underlying fundamentals of WMTM, we see the potential for significant value creation in the near future. The successful achievement of key milestones in the next 6-12 months would put White Mountain Titanium in a position to become one of the world's leading rutile producers, with a market capitalization rivaling Sierra Rutile's $400 mm value today.
The Mine and the Market
White Mountain is a development stage titanium company that was formed in 2003 and became a publicly traded stock via reverse merger the following year. The company's main strategic asset is the Cerro Blanco Project in southern Chile, which ranks among the largest natural rutile deposits in the world. Chile ranks high in the world as a mining-friendly jurisdiction due to its relative political and economic stability.
Geological research and drilling activity associated with the Cerro Blanco Project thus far has been concentrated in the Las Carolinas area. At Las Carolinas, the company has identified 165m tonnes of total resource with some 33m tonnes @ 2.1% TiO2 measured and indicated resource. This amount is sufficient for a mine life of 6-7 years producing an estimated 120,000 tonnes/year.
One of the key attributes of WMTM's Cerro Blanco Project - an attribute that deserves wide appreciation by prospective strategic partners and investors - is the nature of the titanium. Los Carolinas is not your typical titanium property. It is rife with rutile, a pure form of titanium that is the highest-grade feedstock used for the production of TiO2 and titanium metal. Of the total supply of titanium feedstock today, less than 10% comes from rutile. Rutile is the preferred feedstock for environmental and production reasons. Cerro Blanco's rutile will be used in chloride pigment processing technology, as opposed to the less environmentally friendly sulfate processing that is used with lower grade ilmenite.
The lion's share of TiO2 feedstock today comes from ilmenite, which is a combination of iron and titanium (i.e., FeTiO3). The process of extracting the iron from the ilmenite to create synthetic TiO2, is very power intensive, and therefore elevates the cost of production of this feedstock before it can be used in the pigment production process. While more abundant, the impurity of ilmenite presents economic challenges not associated with rutile. WMTM's Chinuka technology has the potential to play a role in being able to accept lower grades of feedstock - a subject we will have more to say on below.
Titanium is $18 bn industry today, with pigment accounting for two-thirds ($12 bn) and titanium metal the other third ($6 bn). Other primary uses include feedstock for plastics, printing inks, cosmetics, welding flux, pharmaceuticals, food additives, and catalysts. Titanium metal has become a bigger part of the construction of jumbo airliners today. Some 15% of Boeing's Dreamliner aircraft is made with titanium metal, compared to only 5% in Boeing's 767 jet.
Overall demand for titanium in all forms has been growing at a rate of 7% per annum, with that pace of growth expected to continue in the foreseeable future. The housing recovery in the U.S. is a positive factor in the outlook for feedstock used for pigment. Additionally, there is strong underlying demand for high-grade feedstock from downstream producers such as DuPont, Tronox, and Huntsman who have or are migrating to chloride processing for cost efficiencies and environment reasons.
In terms of supply there are several key factors that are likely to keep conditions firm relative to demand. These include long supply response, limited near-term expansion potential and limited material rutile expansion. The production of rutile entails long development times and sizable financing requirements. In terms of near term supply, Sierra Rutile is the only producing asset capable of significant expansion potential along with WMTM.
Rutile prices have more than doubled over the past several years, from $500/tonne to around $1,200/tonne in 2011 to recently reported contract prices of $2,500/tonne or higher. The medium-to-long term outlook for rutile remains robust due to growing demand. That said, we would not be surprised to see some softening in rutile prices back toward a $1600/tonne level or even lower in the months ahead. Recent softness in rutile prices reflects increased availability of cheaper pigment from Asia as well as destocking by downstream producers. The destocking process will eventually run its course and demand is likely to firm again as downstream producers restock. In our valuation work below, we assume rutile contract prices of $1,200/tonne, which is well below current analyst forecasts of $1,700-$2,000/tonne we have seen in other research.
Key Milestones Ahead
WMTM has spent the past decade laying the foundation to become one of the world's leading titanium feesdstock producers, achieving key milestones along the way. In the next 6-12 months, WMTM has an opportunity to hurdle two major milestones that would pave the way for building out the requisite production facilities and capacity to commence production of TiO2.
The first is an epic Environmental Impact Study . The study is required by the Chilean regulatory authorities prior to development of the WMTM property. Feedback to date from the authorities on the EIS has been positive. The company expects regulatory approval by the end of 2013.
Successful completion of the EIS paves the way for the next major milestone - completing a Bankable Feasible Study . WMTM is seeking to complete the BFS by no later than the first half of 2014. Completion of the BFS clears the way for project financing that would give WMTM the requisite capital to begin the mining and development process. If all goes as planned the company would be shipping titanium in 2016.
Assuming the BFS confirms the figures outlined above the basic math demonstrates that there is a great deal of potential value in WMTM not reflected in the company's market capitalization today. The Cerro Blanco Project has the potential to churn out a substantial amount of rutile during its lifetime. Based on current projections from management, rutile production from Los Carolinas will average 100,000 tonnes per annum (100 Ktpa) over the first seven years following commencement of production. Assuming a conservative average rutile contact price of $1,200 tonne, Cerro Blanco has the potential to generate an average of $120 mm in revenue per annum for WMTM.
WMTM has signed two off-take agreements with international pigment producers and five signed letters of intent with other parties. Given the company's planned production schedule for rutile, there is the potential for many more off-take agreements in the months ahead.
There are other revenue generating prospects associated with the WMTM property in Chile that increase the attractiveness as an investment opportunity. These include the identification of additional rutile target areas (Hippo Ear, Algodon, Quartz Creek, and Chascones). Early geological research in these areas has given management reason to believe that there could be large amounts of additional rutile far beyond the 165 mm tonnes identified with Los Carolinas. Further geological work is required to more accurately assess the full potential of the WMTM property, of which management has indicated plans to pursue in the future. Furthermore, the Company has recently announced the discovery of a new, Cerro Blanco-sized prospect, La Martina, which is less than 10 miles south from the existing facilities.
Additionally, WMTM is planning on selling feldspar - a by-product of the rutile recovery - with potential to enter production of titanium sponge at some stage down the road. There are also plans to build and operate a water plant nearby to facilitate titanium production. There is a shortage of water in the area and WMTM's water plant will have the potential to generate far more than it will need for production of titanium. Taken together, the sale of feldspar and water could amount to another $10-$20 mm of revenue annually. Factoring in titanium sponge sales would increase the revenue generation potential of WMTM even further.
Chinuka Titanium Refining Process Innovation
White Mountain's titanium mine in Chile is one of the company's two strategic assets. The other asset is a technology called the Chinuka Process. World-renowned metallurgist Derek Fray, who is the Director of Research and Emeritus Professor of Materials Chemistry at the University of Cambridge, developed and patented the Chinuka technology in 2005. The Chinuka Process is an advanced electrochemical technology that allows impure metal oxides to be reduced and electro-refined to high purity metals in a single process.
Professor Fray and WMTM see Chinuka as having the potential to become a disruptive titanium purification technology, challenging the conventional 80-year old Kroll process. The Kroll process is a complex, multistage batch process that requires very high heat and specialized equipment. Chinuka is a simpler, more cost-effective process that would enable the use of cheaper feedstock and simple refining technology, thereby expanding the reach of titanium-based applications and the overall market for titanium products.
WMTM has an exclusive license agreement for the use of the Chinuka Process. During the past several years, the company has sponsored research on the technology for possible application to its Cerro Blanco project. Initial work has focused on refining natural rutile concentrates derived from the Las Carolina prospect. Results to date in Chile have been encouraging, giving WMTM several other commercial options to consider going forward.
Professor Fray and WMTM are exploring additional commercial options this year by expanding the focus of the Chinuka Process for possible application to other metal oxides. Additionally, further testing at Cambridge will be performed on titanium ores and/or concentrates which are considered to have little if any economic value as feedstock for paints and pigments, due either to particle size or inherent impurities.
Gauging the commercial feasibility of Chinuka for WMTM at this juncture is difficult. The timing of commercialization seems propitious. It is noteworthy that DARPA unveiled a Titanium Initiative last year focused on driving down production costs of titanium to clear the way for its widespread use in construction of U.S. Department of Defense (NYSEARCA:DOD) platforms. The DoD has long recognized titanium as a superior material for components of military systems due to its high strength, excellent corrosion resistance and good ballistic characteristics. The DARPA Titanium Initiative strives to produce titanium ore at less than $4 per pound in unmelted billet form. Whether Chinuka could help meet the DoD's goal is unclear, but its Titanium Initiative does make clear there is demand for such a technology.
More generally, the Chinuka Process is capturing interest in the academic world. Last year Dr. Daniel Jewell, main post-Doctoral researcher from Chinuka, won the Best Paper Prize at Titanium 2012 in Atlanta, Georgia for his paper "The Chinuka Process: Electroextraction-refining.1" Also notable is growing interest in Chinuka from corporations, which further expands potential commercial options down the road for WMTM with the technology.
Given the still relatively early stage of the research and development, it is difficult to assess the future value of Chinuka at the present time. At this point, the technology is probably best viewed by investors as a free out-of-the-money call option on White Mountain's stock. We plan on doing more in-depth analysis of the Chinuka Process in the future to better assess its disruptive potential, commercial viability and intrinsic value.
We have put together a base case intrinsic valuation (IV) model for WMTM based on our best current expectations for the production ramp over the next several years. We expect that the asset will prove to offer additional reserves for longer and expanded rates of production and will reflect more of that in our model once the BFS is complete.
This model also leaves out any quantification of the potential from Chinuka. We will revisit that as the possibility of commercial scale operations is better defined.
We've used lower-than-expected prices for rutile and kept production volumes within the limits of current reserves. We expect that additional testing and exploration will add to the amount of indicated deposits. This will add further to the asset value.
WMTM will use traditional project financing for the development of Cerro Blanco. We've built the debt and interest cost into the model starting in 2015 and assumed a 10% interest rate. Our estimates for SG&A are based on existing financials of comparable companies at scale like Sierra Rutile. We're assuming a 20% tax rate and a P/E multiple of 10x.
In addition to rutile production WMTM will be able to generate some ancillary revenue streams by selling off the mining byproduct feldspar and their excess water. We've factored in about 80% of that opportunity into the model.
Using the IV model for a mining company is valid but one aspect of applying it to a developing mine is that there are step functions in valuation that are tied to higher production volumes. In the case of WMTM the current IV of $2.28 is already 3x the current stock price. As production ramps up and cash balances grow the IV takes a major leap in 2015 to over $5/share.
Because we expect WMTM to raise some additional equity financing to fund the completion of the BFS we have factored in a fair amount of dilution. Management is keenly focused on achieving the next two big milestones - final acceptance of the EIS and completion of the BFS - on time and on budget. Success with these two milestones in the months ahead creates the foundation for a favorable dynamic that should begin to more fairly reflect the valuation potential of WMTM.
There is much work to be done in the year ahead to get WMTM in a position to begin supplying the market with high-grade rutile and commercializing the Chinuka Process technology. The current share price is at a substantial discount to our own IV estimates for the company based on the existing reserves and production plans - both of which we expect to expand further.
We think investors should think about WMTM as offering venture-type returns for patient money. At current prices investors would see a 5x+ return by 2015 if the company stays on their current track to deliver.
Although we wouldn't ever forecast it or expect it, as the proven potential production of the property expands it will attract the interest of larger players in the mining business that might be willing to put a deal together to purchase the assets in the ground. Sometimes it's more productive to "dig on the floor of the stock exchange" rather than out in the mountains of the Chilean desert.
It is not uncommon for developmental stage companies to encounter investor skepticism at various points in time. Our experience in following and analyzing emerging companies shows that a high level of operational execution by management is one of the keys to success. WMTM's management team has taken the company a long way over the past decade. There is a great deal of experience and leadership at WMTM today. As the company continues to grow and mature, we expect to see additional executive and operational talent added to complement and augment the existing staff.
Due to massive industry consolidation investors in the metals and resources area don't see many small companies with high growth prospects and technology innovation. Most of the smaller companies have been "rolled up" in to the likes of Freeport (NYSE:FCX), Rio Tinto (NYSE:RIO) or even a Precision Castparts (NYSE:PCP).
Management Team
As shown below the management team of the company has been on board for many years and each member has substantial, in many cases more than three decades, of related experience. The exhibit here provides some highlights for the current team.
Investors today are getting the benefit of the past eight years of continuous investment and effort in developing this asset without paying a premium (at least at current stock prices.)
In addition to the corporate management team WMTM has an experienced engineering management team which is essential to efforts like the EIS and the BFS. This part of the team is shown below.
1 See http://www.wmtcorp.com/en/Jewell-ITA_TITANIUM_2012.pdf
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Tags: PCP, RIO, SRX, FCX, long-ideas
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25th Anniversay Family Trip
Is this photo a winner?
Similar Photos: navy | occasion | hanes beefy | 25th anniversary | disney worldDesign Your Own Enter the Contest
comment by anonymous - Jun 05, 2007 - back to the top
Love it! Great idea
comment by Guest - May 01, 2012 - back to the top
I like the concept, but some part of me is sad that we've made it so silpme. For me I had a sense of pride knowing my sizing and fit (39R, slim fit for the record). I'm the sort of guy who loves when its time to pick up a couple of new shirt and tie combos, and I'll happily spend up to $150 for a Rhodes and Beckett shirt, and love browsing through 3wisemen.com.au to see what they've got (though I can't get to their NZ site anymore! That's where the really good shirts are!)

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Regulation changes for the new Formula 1 season, which begins this weekend with the Australian Grand Prix, means the sport is a "data sport" and quality networking is more important than ever.
That's according to Alan Peasland, head of technical partnerships for Infiniti Red Bull Racing, the reigning World Champions.
Computing previously spoke to Peasland last year, but with new regulations bringing the most drastic changes in car design for many years, data analysis is set to play a bigger role in the first few events of the season than any time before as teams race their brand new cars for the first time.
"The performance of our network - having to get more telemetry off the car, more sensors, and more data - it's absolutely crucial because this is a brand new vehicle for all teams," he said.
"The technology in it is new, the cars are a completely different animal this year, the way that you drive them is different. So learning as much about that new set-up as we can in the short amount of time we have is crucial."
Peasland was speaking to media at an event at AT&T's European headquarters in London. The American telecommunications firm provides Red Bull Racing with the networking infrastructure it uses to transfer data from trackside to the factory in Milton Keynes and back again.
This year that connection is two and a half times faster than it was last season, allowing for even faster decision making in an environment where a split second can be the difference between winning and second place.
High quality network infrastructure is therefore hugely important to the team, especially given that the globetrotting nature of F1 means data analysis is arguably more important to car development than building new parts.
The latter would be almost impossible to design, build and ship when the first three weeks of the season sees races take place in Australia, Malaysia and Bahrain, as Peasland explained.
"The first race is going to be a massive test, it's another test event for us and it's about getting as much information from the car as we can, bearing in mind it's in Australia on the other side of the world," he said.
"Then we go straight to Malaysia so anything learned from the car in Australia, we've got to find ways of improving it, repairing it and hopefully taking the car's performance on into Malaysia without ever coming back to the UK."
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Dutchess County Executive Marc Molinaro today signed a measure that removes a 3.75 percent sales tax on residential energy sources in Dutchess County.
"We have listened to our constituents and now keep our promise to repeal this tax upon receipt of aid from Albany," Molinaro said in a statement.
The Dutchess County Legislature voted unanimously Monday night to repeal the sales tax, which was imposed last year in order to make up a budget shortfall. ...


text: Clips Music – bitvert – derelict – (sample) – Press Release 005 Single Launch: 16.04.12 Artist: Bitvert Track: Derelict Track also available I-Tunes – bit.ly/I95GRK Spotify and all reputable digital outlets Preview Track at – junodownload.com/products/derelict/1935003-02/ We are super pleased to announce the fifth release on Random Records Derelict is an emotive piece of downtempo electronica, suffused with poignant sampled conversation and reflective empathy. The track explores mental health issues and is dedicated to those who find themselves surfing the edge of sanity. Half of all proceeds from this track will be donated to the charity MIND.


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So if you're a "Notes person", what would you want to know about SharePoint?
It seems like every Notes/Domino/Lotus/IBM person has an opinion about Microsoft SharePoint. Unfortunately, most of the opinions that I run across are based on the ingrained (and incorrect) notion that Microsoft is evil, IBM Notes/Domino is on the side of the angels, and SharePoint sucks.
The reality of the situation is that SharePoint is alive and well in businesses worldwide, you don't build a billion+ dollar business based on smoke and mirrors, and at some point you're probably going to come face-to-face with having to either interface with SharePoint at a customer (or your organization), or actually migrate off your beloved Notes/Domino platform to something else (usually (and again incorrectly) assumed to be SharePoint).
Welcome to my world since 2009. I work at a company who started using Notes in 1995 and built a substantial portfolio of critical and valuable business applications on that platform. Like many other organizations, the decision was made to move away from Notes/Domino for mail and applications, and move to "something else". In the case of mail, it was Exchange and Outlook. In terms of applications, there's a variety of options.
I used to deride migration companies when they said that 65% of Notes applications in an organization are not used. I "knew better" in my company, and we were nowhere near that... until we ran an analysis and found that 65% unused/abandoned Notes databases wasn't that far off the mark. In terms of migrating, the key phrase is "off of Notes". Most people assume (and migration companies reinforce) that migration means "to SharePoint." In reality, it means just what it says... "off Notes". If it's an old application that hasn't been used, that may mean you obsolete or archive the application (I have recommendations on that process if you're interested). If you run Remedy, that might be a valid option for some of your retiring Notes apps. Same with Salesforce.com or a myriad of other platforms. Bottom line, the business wants to just shut off Notes. If SharePoint takes over that role, great. Salesforce.com? Rock on... Remedy? Start coding... It doesn't matter... Business just wants to shut off servers, quit spending maintenance dollars, reduce risk, and lower the overall IT cost of ownership.
Having said all that, I want to start a thread here to find out what types of questions my Notes/Domino colleagues have about SharePoint that they hesitate to ask about in "mixed company". No, I'm far from a SharePoint guru, but I have no problems telling you my opinions, thoughts, or "I don't know" based on the last four years of straddling the fence. I've told myself over the last two years that I want to start a series of "SharePoint for the Notes/Domino Professional" blog posts, but I always have something else to do that keeps me from starting it. But I had another person ask on Twitter today what I would recommend for learning resources for picking up SharePoint skills.
Fine... I get the hint, universe... step into this niche that's being dangled before you. Do what you've always done... share what you know, and make yourself available.
So, the comments are open. What are your questions about learning/dealing with SharePoint in your Notes/Domino world? Feel free to fake names and addresses. I don't need to know who you are and where you are coming from. I just want to spend my time answering questions that are being asked, not ones that I imagine people might have.
THE MAIN GROUND RULE (and it's my blog, my rules, and I will be painfully ruthless and unapologetic about this...)
This will *not* (I repeat... *not*) become a thread for defending why Notes is better than SharePoint or SharePoint is better than Notes. They both have pros and cons. If you step outside whatever evangelical or cloistered world you're in, you're in for a rude shock... Neither side is evil or righteous. In the end, it's technology and business. You may like and prefer one over the other. That's fine. But in this thread, that argument will not be allowed. This is to deal with real-world questions about real-world issues that affect real-world paychecks of people you've known and worked with for years. I will delete without hesitation. warning, or apology anything that even hints of "x is better than y" in this thread. This is strictly "what would I like to know if I could ask any question of a SharePoint person who knows Notes, and who won't judge or out me to my colleagues who think I completely and totally bleed yellow". I may have to summarize a number of questions under "I don't know". But the best way to learn something (as in me) is to figure out how to teach it to someone else (that's you).
And in parting... if you think I'm being overly dramatic about people not wanting to let others know they're looking at SharePoint, think again. Because of who I am and the openness I've displayed during my 17+ years in this community, people are very open about reaching out to me in private to ask questions that they wouldn't dream of asking anyone else (and not just tech. :) ). I've held confidences, given honest answers, and helped people decide directions both on a personal and professional level. I don't take that responsibility and privilege lightly, and I understand the personal angst that it can cause. Been there, done that. But once you remove the peer pressure and look at things from a non-"evangelical" perspective, there are some interesting conclusions you come to. Yes, the IBM/Lotus community is *very* special. If it wasn't, I wouldn't have been so shredded and ripped up inside over the last two weeks of IBM Connect-o-sphere 2013. Most of you will never know the personal hell I've felt over what I felt was a "goodbye" (in terms of real-life face-to-face contact) to many who have been my family and shaped who I am (at the absolute core of my being) during that time... my last blog entry, while open, honest, and painfully and brutally blunt, still doesn't communicate everything behind it. But with distance comes perspective, and once you see the "rock star"/insider group of people in other communities (like SharePoint), you realize that the same sense of community and passion is not completely unique to IBM/Lotus. Yes, you have to work to get back to that same level of comfort that you enjoy now (but that took you xx years to get to and you've forgotten the pain and awkwardness that it took to get here). Welcome to what newcomers in the Notes community feel when they look at you/us. Don't minimize what the IBM community is... it's incredibly special. But don't be blinded to the fact that you can have that same sense of community regardless of the vendor name attached to what you're doing. Bottom line... it's the people. You know that, and you've said that. Now you have to realize what that really means when you carry it to its logical conclusions and implications. It's not comfortable, is it?
And with that late-night and somewhat Glenfiddich-inspired (and I'd like to think uniquely Duffbert-esque) opening, the comments are open.


text:
Stocks Making Noise After News: Supernus Pharmaceuticals (SUPN), Kandi Technologies Group (KNDI), AEterna Zentaris (AEZS), Coronado Biosciences Inc (CNDO), CME Group Inc (CME)
Supernus Pharmaceuticals Inc (NASDAQ:SUPN) marked new high the FDA gave OK for Orenitram™ (treprostinil), Extended-Release Tablets for the treatment of pulmonary arterial hypertension (PAH) in WHO Group I patients to improve exercise capacity.
Kandi Technologies Group Inc (NASDAQ:KNDI) surged about 7% after its subsidiary Zhejiang Kandi Electric Vehicles Co., Ltd. Entered into a joint venture ownership transfer pact with Shanghai Maple Guorun Automobile Co., Ltd, a company 99% owned by Geely Automobile Holdings Ltd. The company also disclosed that it expects to deliver 2,800 electric cars in its fourth quarter. Zhejiang Kandi Electric Vehicles Co. is set to pay RMB 400,000,000 (approximately USD 65,025,800) within 90 days upon signing the Agreement and the rest within 360 days after signing.
AEterna Zentaris Inc. (USA) (NASDAQ:AEZS) added 8% after the company declared the completion of its previously announced public offering of 13.1 million units, at a purchase price of $1.15 per unit. The offering was said to generate net proceeds of approximately $13.7 million, with each unit consisting of one common share and one whole warrant to purchase one common share. Each warrant is exercisable for a period of five years at an excursive price of $1.60 per share.
Coronado Biosciences Inc (NASDAQ:CNDO) was rallying after the appointment of A. Rosenwald as Chairman, President, and Chief Executive Officer (CEO) of the Company, effective immediately. In addition, the company has appointed Mr. Michael S. Weiss as a director and Co-Vice Chairman of the Company's Board of Directors.
CME Group Inc (NASDAQ:CME) was down as the stock has gone ex-dividend on December 24, 2013. The company plans paying a cash dividend payment of $2.6 per share on January 14, 2014.


text:
Friday, October 3, 2008
© Copyright 2015 Newton Citizen
There's a whole lotta shakin' goin' on out there, and Jerry Lee Lewis isn't playing the piano! We got trouble, and it isn't only in River City. No, it is worldwide. The financial crisis is not something that jumped out at us from our television sreens. We are living with it.Last weekend we had to travel from Conyers to Union City to carry some medications and supplies to a relative in an assisted-living facility. We drove past 37 gas stations, finding only four selling fuel, at $4.19 or $4.29 per gallon! Lines were long and tempers were short. The governor said things would be back to normal in a few days. Yeah, sure! People were complaining about price gouging. We have an energy crisis. We have a financial crisis. We have a national security crisis. Holy cow, we have all kinds of crises! We cannot sleep for worrying about bank failures, home foreclosures, loss of jobs, pensions, healthcare, the high costs of food, insurance; and, factories are moving overseas. We need our confidence restored in this country. Who can accomplish this? Is it the president or Congress who have already contributed to failed economic policies? Looking about our community and our nation sometimes, it is hard to recognize the America we once knew. We have become more diverse, hear more languages spoken, see more religions practiced, see our culture changing and wonder if we really share as much in common as we once did. Some of our neighbors still hold onto their own languages, their cultures and still have allegiance to their home countries. We once seemed united, and we now feel separated by race and ethnicity. Petty politics keep our leaders from coming together to fix our fiscal crisis or resolve armed conflicts. Millions of us are victimized by leaders beholden to special-interest lobbyists and fat cats. We are in a mess! Many of us long to return to the America in which we grew up - "One Nation Under God." We are temporarily trapped in our crises and have yet to find our way back home. We wish for a wise, strong, experienced leader who is able to rescue us and help us avoid catastrophe. It is true. We are angry, frustrated and confused by the mess in which we find ourselves. Remember the code of the Three Musketeers, "All for one and one for all." If we join together, we can eventually reverse the demise of the nation and restore stability. "America! America! God shed His Grace on Thee And Crown Thy Good with Brotherhood ..." Each of us can contribute by no longer living beyond our means. Jack Simpson is a former educator, veteran, author, and a law enforcement officer. His column appears each Friday.
More like this story
- Jack Simpson - America may have to relearn lessons of the Great Depression ( April 11, 2008 )
- Jack Simpson - Will America cede title of greatest nation? ( July 18, 2008 )
- Jack Simpson - Americans face an energy crisis ( July 25, 2008 )
- Jack Simpson - 03/13/2009
Out of the Mess ( March 13, 2009 )
- Jack Simpson - America must clean out its closets ( May 16, 2008 )


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University of Southern Mississippi officials at campuses in Hattiesburg and Long Beach continue to monitor Tropical Storm Gustav as forecasters predict the storm may reach hurricane strength as it makes its way into the Gulf of Mexico.
As of Friday afternoon, no plans have been made to close the university, but school officials are urging students and employees to also monitor the situation and check the Southern Miss Web site for more details at www.usm.edu.
The Southern Miss football game against the University of Louisiana-Lafayette is still on schedule for 6 p.m. Saturday at M.M. Roberts Stadium in Hattiesburg.
"Based on all information from state agencies in Louisiana and Mississippi, there's no need for us to change our game time," said Athletic Director Richard Giannini. Check the Southern Miss Athletic Web site at www.southernmiss.com for more information.
The university activated the first storm-related messages through the university's Eagle Alert system Thursday afternoon. Eagle Alert encompasses the text, voice and e-mail components of the university's emergency notification system.
Officials in the Department of Residence Life in Hattiesburg are advising students to notify their residence hall directors if they plan to leave for the holiday weekend.
Also, university officials at Gulf Coast Research Laboratory in Oceans Springs and Stennis Space Center are proceeding with their hurricane preparedness plans including relocating research vessels.
About The University of Southern MississippiThe University of Southern Mississippi, founded in 1910, is a comprehensive doctoral and research-extensive university fulfilling its mission of being a leading university in engaging and empowering individuals to transform lives and communities. In a tradition of leadership for student development, Southern Miss is educating a 21st century work force providing intellectual capital, cultural enrichment and innovation to Mississippi and the world. Southern Miss is located in Hattiesburg, Miss., with an additional campus and teaching and research sites on the Mississippi Gulf Coast; further information is found at www.usm.edu.
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Feuding in the South Hills: "Intense political battle between former allies Motznik, Diven runs much deeper than May 19 district judge race"
Sunday, April 05, 2009
Feuding in the South Hills
Posted by Mark Rauterkus at 12:36 PM
Open thread. My thoughts soon.
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I don't think you'll see this in the main stream news:
Victims of clerical sex abuse have reacted furiously to Pope Benedict's claim yesterday that paedophilia wasn't considered an "absolute evil" as recently as the 1970s.
In his traditional Christmas address yesterday to cardinals and officials working in Rome, Pope Benedict XVI also claimed that child pornography was increasingly considered "normal" by society.
"In the 1970s, paedophilia was theorised as something fully in conformity with man and even with children," the Pope said.
"It was maintained — even within the realm of Catholic theology — that there is no such thing as evil in itself or good in itself. There is only a 'better than' and a 'worse than'. Nothing is good or bad in itself."
Read more: http://www.belfasttelegrap
So now according to the pope who is the head of the Catholic church is telling us that Child pornography is "normal" and there is no such thing as good or evil???? only better an worse?????
Therefore i cant do no evil?
If i rape or murder someone I'm not evil in the eyes of the catholic church i am just worse then someone who doesn't?????????????


text:
$95.00$1.90 / ml
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Prowlies at the River Rated 4.3601 Stars Bitey goes to the River for a drink.. but the place is occupied by Prowlies. Comedy - Original Bitey of Brackenwood Rated 4.3313 Stars Bitey is a nasty piece of work... but he'll get what's coming! Other A Nightcity Story Rated 3.8271 Stars noir shortfilm Drama -Play- Rated 4.2630 Stars And experiment with sound. Music Video


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So where do we go from now? One thing is clear is that the continued tinkering of the team isn't helping. When we made the changes on Saturday it was clear to see that we invited the pressure and it eventually told. When we travelled to Stoke, we rested Walcott, Nasri AND Van Persie. I say and in capitals, because those are arguably our three most dynamic players - Cesc aside. Arsene has talked about rotation but you can't tinker so much and expect a win. We have many talents in our team, but there is no substitute for creativity in a game which is wholly based on such an attribute. The selection of Bendtner and Ade means the "moment of magic" up front was also missing, which is something that Vela and Van Persie possess, which us also why the Ade and VP and the Bendtner and Vela partnerships work well.
When we travel to a place like Stoke, we need to play our game, which means using our pace, creativity and skill to pass them off the park. I can understand an extra midfielder or more defensicve when we're in the second leg of a Champions League game with a 2-0 lead to protect and effectively need to play out the game. But four central midfielders and two target men starting against new promoted Stoke? With the team selection, surely we were trying to match Stoke rather than put them on the back foot.
In all reality, ALL the dropped points this season shouldn't have happened. All could have been avoided. But alas, it's history now.
And the selection of Silvestre baffles me. Toure should always be chosen ahead of Silvestre. I'm sorry Arsene, but that is 100% the case. Yes, Toure was at fault for the first goal, but blame for goals will always have to be apportioned. Why didn't Almunia come out and catch the ball? We have a player in Johan Djourou who has excelled in every game he's played this season, yet somehow doesn't get a look in. It's not time to experiment with Silvestre. That really should have been done in pre-season.
I know there are financial constraints, despite our wage bill being vastly bigger than last season. But tactics, line ups, formation and set pieces are down to the manager. And I really hope Arsene realises this. Of course, I don't think he should be sacked, that's ridiculous, but how long can this go on before some change happens or has to happen. With the squad as it is, we do have the players to challenge. Look at them, when on form, they're pretty damn good. We've shown glimpses of this against Porto and Blackburn. If you lose against a decent team, then you can sometimes say "okay, it didn't go for us", but we have lost to both promoted sides this season in Hull and Stoke, and that's simply not good enough.
So it's over to you Arsene to sort out the team selection, get it right, restore Djourou, play 4-4-2, include the dynamic players when you can. If Nasri and Vela are fit against United, play them. They are the players that can score a goal out of nothing. If they are unfit, then invest in a proper winger who can come in, not Denilson and Diaby on the wings. We've got young Jack in reserve, Vela can also play there.
A Champions League game midweek and then the big one on Saturday. Man United at the Emirates. We REALLY have to win.
Til tomorrow.]]>


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