Slow modem text: There is an old saying in real estate, that at the beginning of a limited partnership, the general partners have the experience and the limited partners have the money. And at the end of the limited partnership, those positions are reversed. - John T. Reed
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News Archive for November 6 to 12, 2000 News is archived for reference purposes. URLs on the Internet change, so some of these links may no longer work.
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Tuesday, November 7IBM and Motorola have new Bluetooth announcements. Motorola will combine Bluetooth and modem technology. IBM has developed Bluetooth Linux drivers code-named BlueDrekar. Internet Explorer 6 is about to enter the early user-testing phase. Microsoft has admitted another hack this week. The latest intrusion targeted a web server running Microsoft's IIS and merely defaced a page with the words "hack the world." CNET's David Carnoy reviews the Samsung MP3-playing cell phone, mentioned here a few weeks ago. ZDNet's Jesse Berst examines 3Com's Audrey webpad. Now the two top executives at BMG have resigned, though the company claims the resignations aren't related to tbe Napster deal. Brush up on your carpentry and waitressing skills. The New York Times looks at layoffs and change in the dot-com industry. Dot-commers should start living below their means now to save up a nest egg. ISP newsStarband Communications has won the race to be the first company to offer two-way Internet satellite service. Existing systems only download data; they use a conventional modem for uploading. The service provides 500K downloads and 150K uploads. Hopefully it won't have the bandwidth problems experienced by DirecPC, which has throttled back individual users' bandwidth. PSINet has admitted to having a "pink contract" with spammer Cajunnet.com. PSINet charged Cajunnet a non-refundable advance of $27,000 to be able to send unsolicited email. AOL is facing additional legal challenges because of bugs in its 6.0 software. A class-action lawsuit over bugs in the 5.0 software was already in progress. Off topicUnbiased, informed ratings are one of the most valuable services on the Internet. John T Reed's web site is a gold mine of information on real estate investing and non-huckster financial advice. The best feature is his rating of financial and investment gurus. He also explains why no money down real estate doesn't work, and why it's usually illegal. You may also be interested in his report on no money down infomercial guru Carleton Sheets or his explanation of why lease options are usually a bad deal.
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