Thursday, March 19, 2009

Just a thought

USB keys, memory sticks or whatever you want to call them are a bit of a mystery to me. Not in how they store all that information in such a small space but more from an economic standpoint. I mean, by the time you get around to researching, developing and actually producing theses things, they are obsolete. You start selling them for $1000 and within 18 months you can't give them away. No one is stupid enough to pay the ridiculous original price tag (if you have a brain). So when are you making money? After the initial 5 second euphoria of being the coolest thing out there with the most storage capacity you pretty much are stuck with a seemingly endless supply. This is when you start including them with toothbrushes and put them in cereal boxes...

This brings me back to the original question: How are companies making money off of these things?


This dilemma reminds me of the 93 dollars I paid for a 512mb 'stick' in 2003 but most importantly of the folding chair fiasco of the late nineties...

Tuesday, March 03, 2009

The light at the end of the tunnel...

The TSX 300 over a 10 year period


This morning on the radio they were quoting someone within the financial sector as saying, "The light at the end of the tunnel is a train ready to hit us at 100 mph.". How encouraging... I'm glad I blew all my money before the bottom dropped out of the stock market. However, now making that back is nearly impossible.