Got mine here (free shipping!):

http://www.expansys-usa.com/google-nexus-prime-android-smartphone-unlocked-16gb-224148/

Posted by richardyoo on Natuba

I’ve been impressed with the job growth in Houston despite the economic downturn…

Houston ahead of Austin, Dallas for high-tech jobs

A study by Forbes magazine places Houston ahead of Austin and Dallas-Fort Worth as a mecca for technology jobs.

via Houston ahead of Austin, Dallas for high-tech jobs – Houston Business Journal.

Posted by richardyoo on Natuba

Photo credit: @GroundUPHouston

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

I hope they don’t crush the company… looks like management is cashing out – and fast. 🙁

“Fanatical” Insider Sales

Maybe the company’s management team is seeing the same thing I am seeing because if you look at the SEC filings on RAX you’ll see some insiders with itchy trigger fingers. It appears that the only thing more “Fanatical” than their service is the insiders yearning to rid themselves of this company’s shares. In the last 6 months according to Yahoo finance there have been 60 transactions involving 3.5m shares sold. Zero shares have been bought. If you assume an average price of $35 that’s over $120m in six months extracted by management.

In Conclusion

The business model around outsourced Infrastructure Technology is severely flawed. RAX’s current stock valuation (91x tailing EPS and 53x forward, nearly 11x book value and 6x sales) makes this situation perilous. RAX is rapidly expanding and the returns do not justify the spending. The industry is growing more competitive which will relentlessly drive margins lower over long periods of time. This will prove especially deleterious in a down turn. In the short run the ramping up of cap-ex by RAX and competitors represents a dangerous new phase with much higher risks, and an even more inevitable outcome.

via Rackspace: A Poor Business Model That’s Severely Overvalued – Seeking Alpha.

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

I think its funny that if you have on the right gear and just act like you know what you’re doing – that nobody bothers you about it…

A quick glance at the above photo might have you believing that’s the site of a Microsoft Store being constructed; actually, it’s an Apple Store. Yesterday, in the Jungfernstieg section of Hamburg, Germany, a group going by the name of ".WAV Collective" apparently vandalized the soon-to-be Apple retail location. They casually went up to the building posing as a team of construction workers, cordoned off a work site, and proceeded to screw pre-made panels, forming a Windows logo, to the side of the store’s black veil — all in broad daylight. Looks like the old question of Mac vs. PC just got a bit more confusing over in Europe. Don’t believe us? Have a look at the collective’s own video recap of the events posted after the break.

via Windows logo planted on upcoming Apple Store in Germany (video) — Engadget.

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

Daylight Saving Time Explained – YouTube.

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba

My Houston: Culinary Scene – YouTube.

Posted by richardyoo on Natuba

Posted by richardyoo on Natuba