Now blogging at diego's weblog. See you over there!

the meaning of blogging

What we're doing when we blog is a great summary of what blogs are and what drives them Dave also had something to add to it.

On the other hand, Shelley Powers's last entry, is good to note both the good and the bad of blogging.

Categories: personal
Posted by diego on July 31, 2002 at 7:59 PM

Australia launches scramjet

A big step forward in ramjet-powered flight was taken yesterday when scientists successfully launched a scramjet-powered rocket. A ramjet rocket has no moving parts, and it uses the speed of the jet itself to compress air into the engine and uses it to ignite hydrogen.

NASA is also developing a scramjet-based jet but its last test failed. They might try again soon though.

Categories: technology
Posted by diego on July 31, 2002 at 7:17 PM

irrational exuberance

Back in December 1996, the DJIA stood at around 6400 and NASDAQ at 1300. It was then that Alan Greenspan made his famous remark about the markets's "irrational exuberance." The remark made the markets go down, but not for long. In three years, the DJIA almost doubled and the NASDAQ almost cuadrupled.

Now, Mr. Greenspan made the comment after meeting with a Yale economist, Robert Schiller, who is now predicting that things have to go down even further to reach historical levels. Those ultra-simplified calculations I made a few days ago might turn out not to be too off the mark after all.

Categories: personal
Posted by diego on July 31, 2002 at 12:39 PM

how the postman almost owned email

A really interesting story at the MIT Technology Review. Back in the late 70's no one could predict the impact of the Internet and electronic messaging. A law giving USPS control over electronic delivery would have probably stifled development for years. Hard to imagine what the world would be today.

Categories: technology
Posted by diego on July 31, 2002 at 12:22 PM

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