Re: And they say the property market is falling ?

On Apr 21, 7:16 pm, John Larkin
<jjlar...@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx> wrote:
On Mon, 21 Apr 2008 16:07:36 -0400, Spehro Pefhany



<speffS...@xxxxxxxxxxxxxxxxxxxxxxx> wrote:
On Mon, 21 Apr 2008 11:09:35 -0700, John Larkin
<jjlar...@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx> wrote:

On Sun, 20 Apr 2008 09:11:36 -0700 (PDT), MooseFET
<kensm...@xxxxxxxxx> wrote:

On Apr 20, 8:35 am, Jim Thompson <To-Email-Use-The-Envelope-I...@My-
Web-Site.com> wrote:
On Sun, 20 Apr 2008 07:37:57 -0700 (PDT), MooseFET<kensm...@xxxxxxxxx> wrote:

[snip]>... You also have to look at how good of shape
the roads and power lines and the like are. The infrastructure
represents one of the big assets that offsets the debt.

[snip]

Infrastructure maintenance is the purview of the states... mostly
state money with some Federal money thrown-in.

Infrastructure is still an asset that offsets the debt.

Why? It rarely produces revenue, and has to be maintained. It's not
like a business asset, which has value because it can be sold.

John

By 'It', do you mean 'IT'?

I have one customer, a gigabuck laser maker, whose annual report
includes the great news that "we have almost recovered from installing
the Oracle enterprise software."

There are a lot a daft bits of software that are sold to management.
I'm not sure I would call that sort of stuff infrastructure since it
is more a scam than anything.

Years back there was a company that was trying to sell a product that
produced C code that "guarenteed to be correct". It modeled your new
product as a large state machine that you could design by writing in
their language. Once you had it working, it would generate the C code
for the new software.

It sounds neat untill you think about it carefully. If you write the
code in their language you are still writing the code. There language
looked like C with a little syntactical sugar added.

They wanted $50K per seat. It seems that some people paid it.

BTW: The new version didn't have the feature to check for deadly
embraces.



John

.

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