Tuesday, April 8, 2008

Opening Bell: 4.8.08

As Price of Lead Soars, British Churches Find Holes in Roof (NYT) Pretty wild story that's been making the rounds lately, about how soaring commodity prices have led to commodity-related petty theft and vandalism. It's an old story, really. Back in 2005, stories about theft of copper wire and tubing were fairly common and at the time we wondered how long that could possibly last (ha!). Anyway, the hook here is a church in England, where thieves have been tearing out holes in the roof because there's lead in them thar roofs. Heathens.

Lost your luggage? RFID tags could help (News.com) Wow, was this story written in 2002? The hopes and dreams, that RFID tags could end lost luggage has been around for awhile, and for the most part hasn't really gone anywhere. Part of the problem: it's expensive. Good luck finding someone to shell out for the tags right now, when they're not even going to spring for in-flight almonds. And, even high tech tags have a hard time compensating for extreme human error, which is often a big problem.

Intel Capital Bets on China Growth (WSJ) Intel Capital, the famed VC arm of the big chip company, has raised a $500 million China fund, which will be invested in the country over the next several years. It will support a range of investment themes, including alt energy. The main point for us: see, we can invest over their too.

America's Mortgage Problem And Sarbanes-Oxley (Alan Meckler) I been impressed with the blog of Jupitermedia CEO Alan Meckler. For one thing, there aren't a lot of CEOs who blog (that's probably a good thing, because by and large, it could be argued, it's a waste of time). But Meckler's post come off as fairly unvarnished and, well, dashed out in a couple seconds -- which is exactly how I like my blog posts: quick and dirty. Anyway, this entry is particularly relevant, cause he's bashing SarbOx, which, as a public company CEO, is cool.

U.K. House Prices Fall the Most Since 1992, HBOS Says (Bloomberg)House prices fell 2.5 percent from February to March in the UK, the worst monthly drop since 1992. They ain't seen nothing yet.

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