19 December 1999

Letter responding to "Riding the Mo In the Lime Green Glow" -- NY Times

Resurrected another one of my old letters, viz:
To the Editor:
Your article on day trading highlights its ease, risk and addictive
quality. What is the psychological difference between repeatedly
clicking "submit" on a Web form to trade during the day and pulling a
lever in a casino slot machine? True, the odds may be somewhat more
favorable with stock trading, but both offer minute-by-minute
excitement, the lure of quick riches and the risk of great losses.


Citation of Letter:
http://query.nytimes.com/gst/fullpage.html?res=9C07E0DD1E31F93AA25751C1A96F958260&sec=&spon=&partner=permalink&exprod=permalink
December 19, 1999, Sunday, Late Edition - Final
SECTION: Section 6; Page 20; Column 5; Magazine Desk
LENGTH: 72 words
HEADLINE: Riding the Mo In the Lime Green Glow
Mark Gerstein
New Haven

Article Commented on:
http://query.nytimes.com/gst/fullpage.html?res=9801EEDF133DF932A15752C1A96F9
Riding the Mo In the Lime Green Glow
And other money-mad moments in the life of a day trader.
Published: November 21, 1999
By MATTHEW KLAM
The stock market opens and Dave Goehl immediately makes a $230 profit on 500 shares of eGroup, which he bought yesterday, by accident. Dave is buying and selling securities on the Nasdaq exchange in his shorts and a T-shirt from the convenience of his spare bedroom. "It's the neatest thing in the world," he says. Taped to the wall in front of him is a list of his daily reminders: to trade 12,000 shares a day, to avoid sticking with losers for too long, to choose each transaction carefully. Dave reminds me, constantly, that "trading is 99 percent emotional," and since trading stocks online in real time with lots of his own money is like roasting marshmallows on the Hindenburg, he must keep his wits about him. On the wall above his desk he reads No. 1 of his "Top 10 Habits of a Successful Trader": "Be Disciplined: Discipline! Discipline! Discipline! Discipline! Discipline!" ....
[L2E]

09 December 1999

A Letter ("Life Beyond the Abacus") in response to "I.B.M. Plans...

Resurrected another old letter of mine that was published in the Times. Here it is...


My Letter:
http://query.nytimes.com/gst/fullpage.html?res=9903E1D71F3EF93AA35751C1A96F958260
http://query.nytimes.com/gst/fullpage.html?res=9903E1D71F3EF93AA35751C1A96F958260&sec=&spon=&partner=permalink&exprod=permalink
Life Beyond the Abacus
Published: December 9, 1999
SECTION: Section A; Page 26; Column 6; Editorial Desk
To the Editor:
I.B.M.'s new Blue Gene project (''I.B.M. Plans Supercomputer That Works at the Speed of Life,'' Business Day, Dec. 6) highlights the degree to which molecular biology, driven by the genome project, has become an information science in need of a large amount of information processing. It also underscores how many of the major computational applications and challenges in science are increasingly coming from the life sciences rather than from the more traditional quantitative disciplines in the physical sciences.
MARK GERSTEIN
New Haven, Dec. 7, 1999
http://www.yale.edu/opa/v28.n17/story30.html

Article Commented on:
http://select.nytimes.com/search/restricted/article?res=F30E12FC385A0C758CDDAB0994D1494D81
I.B.M. Plans a Supercomputer That Works at the Speed of Life
By STEVE LOHR
Published: December 6, 1999
Two years ago, when an I.B.M. supercomputer known as Deep Blue beat the world chess champion, Gary Kasparov, it seemed a confirmation of the computer age, a triumph of machine over man. Today, the International Business Machines Corporation is announcing a five-year, $100 million program to build a supercomputer whose ambitions dwarf Deep Blue -- a machine whose purpose is to serve man by shedding light on the inner workings of life...

ooo[clip]ooo ooo[computers]ooo ooo[L2E]ooo