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Comment: Re:Count cards (Score 2) 89

I was also confused how this could work in holdem. After some googling it appears that "counting" in poker only refers to certain stud games where hands ahead of you are exposed.

In holdem the only (?) additional info you could have over a competitor is if someone in early position folded and revealed their cards (obviously uncommon). That's info that the small blind wouldn't have had, and could be very useful if you're in late position, especially on the button. But imo that's not really "counting", just gaining info to craft your betting strategy.

Decent answer here:

Comment: Re:Make them pay (Score 1) 365

by theskipper (#49055229) Attached to: Smoking Is Even Deadlier Than Previously Thought

Not going to specifically defend what the AC said but perhaps the statement was related to alcohol's benefits being walked back recently:

Coupled with the resveratrol marketing scheme over recent years, it's getting very difficult to make any unequivocal comments about the benefits of alcohol consumption.

Comment: Re:Speculated at for over a year (Score 1) 331

by theskipper (#48976381) Attached to: Massive Layoff Underway At IBM

Officers of the company (i.e. insiders) would naturally want to exercise their options at the highest price possible. Increasing dividends makes the stock appear more attractive to institutional investors.

When institutions buy, that increases the pressure for the price to go up (retail investors don't move a market cap like this, only the big boys do). When the price per share goes up then that's more money that the officers can collect when they exercise their free options; in this case it looks like all the strikes were no higher than around $100. Or they simply sell some of their common position into the open market. The higher the stock price, the higher the profit. Tax strategies play a huge part too.

Any decent financial site will list insider transactions and their values, here's IBM's:

Comment: Re: Mobile e-mail requires a mobile data plan (Score 1) 237

by theskipper (#48664893) Attached to: The Slow Death of Voice Mail

Re: $300, it really depends on your overall blend of cell usage. I've used Ting's pay as you go service for a couple years and do the same thing the op does, turn on $3/100MB mobile data for email on my S3 when I'm traveling. They're a Sprint MVNO, so coverage is predictable by looking at the Sprint maps.

Bottom line is that if all three parts of your voice/text/data usage are low, then $25/mo is not only doable, it's actually a little high.

Comment: Re:$32 million of greed. (Score 1) 170

by theskipper (#48640211) Attached to: Calculus Textbook Author James Stewart Has Died

Put it this way, before 1980, sure. But over the last 30 or so years it's been a different ballgame.

There were 100 baggers available by selling at the top of the internet bubble. Or buying MDVN 10 years ago or tucking away some AAPL in the dark days. And these opportunities aren't dying out; for example, the same scenario is playing again right now in immuno/gene therapy.

Expand that out to real estate, Forex, domain names or just about any other investment/speculative vehicle over that time and you're talking a massive # of individual opportunities that yielded multi-fold returns. Returns that could be parlayed into further opportunities.

So imo it's not unreasonable for someone to turn $1m into $30m over a 20 year span even with average discipline, intelligence and luck.

Disclaimer: "These opinions are my own, though for a small fee they be yours too." -- Dave Haynie