Study Journal 4

Oct 27

• In the dot com boom, there were 3500+ new .com companies. This is a huge amount of new companies, in which most when to IPO very fast.
• One example of an IPO first day money is from ChaseFlow which started at $28 and rose to $125. This wasn't actually all that good for company. This meant that many investors would just "flip", and sell their cheaply bought stocks on the first day for a huge profit.
• Friends of Frank where those who got to work with Frank and get in to huge deals
• Black Friday is the term given to the day when everyone started selling and the dot com era ended for many companies

Oct 29 postman (talked about on Nov 3)

• One of the biggest ideas through out the article we talked about is that technological changes have pluses and minuses. This is important to allow ourselves to open our eyes to the idea of something new
• I like the comment about the trade off of technologies. To ask the question, "What will a new technology undo?" is an important one. Culture is one that takes the hardest hit usually.
• The idea that technology becomes mythic was originally surprising for me. After we discussed, the alphabet, or automobiles, I come to realize I really have no idea how the different life was without those. It is very unnatural to try and think about how life would have been without actively studying a history.

Nov 03 - tangled in the web, I have a question, Families and the Internet.

• In the story about the wife who first learned about the computer, she ended up using to play games 4-7 hours a day. This was because it was just too easy to use, and it replaced the harder but more important tasks, with a very easy one.
• In the article about, "I have a question", the church has a definite stand internet protection for our families. Some of the important points were to keep computers in a public place, and to talk with our families to understand the dangers.
• In the talk by Charles Knutson, he talks about how parents should react with the internet and computers. Interestingly, he let us know that the computer is not bad, and we should not turn it off. Actually, we need to leave it on! we should have a filter, but the key is to teach our families. We should have active conversations with our kids to protect them and us.