August 19, 2006

Your Brain Boots Up Live A Computer in the Morning

posted by MR WAVETHEORY at 8/19/2006 04:42:00 AM
According to a recent study, the brain release nitrous oxide when you wake up, triggering functions which boot up your body. That's really neat:

As we yawn and open our eyes in the morning, the brain stem sends little puffs of nitric oxide to another part of the brain, the thalamus, which then directs it elsewhere. Like a computer booting up its operating system before running more complicated programs, the nitric oxide triggers certain functions that set the stage for more complex brain operations, according to a new study.

Now who would have thought that the brain is a computer? Also take a moment to visit
Super Model Park.

Mr Wave Theory

August 17, 2006

Merck Loses Another Vioxx Lawsuit

posted by MR WAVETHEORY at 8/17/2006 08:32:00 AM
Marketwatch is reporting that Merck will have to pay $50 million to a former FBI agent who took Vioxx. The payouts are getting large! A jury on Thursday said Merck & Co. Inc. has to pay $50 million in compensatory damages to a former FBI agent who suffered a heart attack after taking the company's painkiller Vioxx, according to media reports.

The jury found that Merck was negligent in warning doctors about the dangers of Vioxx. These Vioxx Lawsuits are becoming goldmines for the lawyers. With a single lawsuit paying out $50 million, imagine how much the total payout will be for all Vioxx Lawsuits?

According to reports, Merck is currently involved in over 14,000 Vioxx Lawsuits.

Mr Wave Theory

August 16, 2006

It's Not Easy Being Netease

posted by MR WAVETHEORY at 8/16/2006 10:45:00 PM
Netease reported earnings which beat by 1 cent but the disclosure was woefully lacking in terms of the metrics of the gaming business. Traditionally, Netease has given average current user (ACU) and peak concurrent user (PCU) numbers for its most important games. However, not this time. Netease reported simply:

"William Ding, Chief Executive Officer and Director of NetEase stated, "We experienced another quarter of solid revenue growth driven by sequential growth in all business lines. We intend to bolster the popularity of Fantasy Westward Journey by launching a new expansion pack with rich content updates by the end of 2006. Additionally, for our original and most mature online game, Westward Journey Online II, we are in the process of revamping the game by adding new game playing features, content and artwork and by creating a new game engine in order to spur future usage growth and enhance the overall longevity of the game. We anticipate initiating closed beta testing of this improved version of Westward Journey Online II in early 2007."

Regarding the online gaming business, the company stated:

Online game revenues increased to RMB486.0 million (US$60.8 million) for the second quarter of 2006 representing a 7.9% increase over RMB450.6 million (US$56.2 million) for the first quarter of 2006 and a 41.4% increase over RMB343.7 million (US$41.5 million) for the second quarter of 2005.

It leaves much to be desired since Netease fell after earnings while Baidu rose. Perhaps Baidu is taking share from Netease?

Mr Wave Theory

August 13, 2006

Nasdaq OSI Systems Falls Despite Security Focus

posted by MR WAVETHEORY at 8/13/2006 02:32:00 AM

OSI Systems (Nasdaq OSIS) which makes the RapidScan systems found in many airports failed to catch a bid on Friday in spite of its position in the luggage scanning market. OSI Systems opened 19.48, having traded much higher in pre open, and then closed at 18.92 (-.22).

OSI also announced a agreement with TraceGuard to develop trace scanning systems to detect explosives. TraceGuard performed very well, gaining 0.60 to close at 1.54 (+.60). OSI announced:

TraceGuard Technologies Inc. (OTCBB: TCGD - News), a developer of innovative security technologies and solutions, today announced that it has entered into a 12-month joint development program with Rapiscan Systems ("Rapiscan"), a subsidiary of OSI Systems (NASDAQ: OSIS - News), in order to develop TraceScan, an advanced combined bulk/trace detection system for interdiction of explosive devices and weapons Upon development, TraceScan will be marketed exclusively by Rapiscan primarily to the U.S. Government and also through its global direct sales and distributor network.

Security stocks have not performed very well of late. The renewed focus on luggage scanning might bring security stocks back into focus.

Mr Wave Theory