• Professor Elam

    Tuesday March 27, 2012

    Here is the latest proposal for another student fee. 

    I hope that we can have some discussion on this issue. 

     

    Screen shot 2012-03-27 at 7.17.05 AM

  • Professor Elam

    Monday March 26, 2012

    $270 Billion  in student lons are 30 days delinquent. 

    We maintain that the trillion of student loans will be the sub prime crisis for the next financial meltdown. It may have begun already. While a dilapidated shack in Tornto or Detroit can lose most of its value, the dirt under the house should be worth something. 

    This of course is not the case for a student loan. 

    There is not collateral-only hours of college.

    And the borrower is likely a zero asset person, now perhaps on food stamps. 

    But Barack has our back on this one, right, now that the Federal Govt via hte Family Fedearl Education Program FFELP guarantees the loans. 

    The hyper link is to a lenghty and informative artcle that should be read. 

     

  • Professor Elam

    March 26, 2012

    If you have not, go back and read our March 15 explanation of why Hunger Games would resonate with the public. The first wekend it grossed $155 Million.

    That is about what The Dark Knight did its first wekend in 2008. Investors beware, rushing to see a government dictated teen gladiator combat is negative social mood for sure. 

  • Professor Elam

    Monday March 26, 2012

    Quick now what does CSRC stand for?  If you said China Securities Regulatory Commission, move to the head of the class. Volume on three Chinese futures excahnges reached $21.9 trillion last year.. Not bad for a group of Communists, eh?

    We will be disucssing futures and options later in Intermed II this semester.

  • Professor Elam

    Sat March 24, 2012

    Here is a really interesting look at the replication of the Hillary expedition at Mt. Everest. Then Edmund Screen shot 2012-03-24 at 3.25.40 PMand a Sherpa made it. They used pencil and paper and a Kodak retina rangefinder to record the event. 

    Take a look at how things have chamged, a Canon digital camera and an iPad will accompany this team. 

  • Professor Elam

    Saturday March 24, 2012

    The San Antonio Internal Audit Institute will host up to eight students per campus April 11. While the location has not been announced It is always along norht 410 or I 10 just north of 410. The time will be from 11 30 to 1 00 PM

     

    I have three students registered. If you are interested drop me an e mail by Monday March 26.

  • Professor Elam

    Friday March 23, 2012

    This article details that Japan has stayed a supplier to firms like Apple rather than becoming a leader like Apple or Samsung. 

    This is an exc ellent example of how Sony lost the race. Decades ago, Sony was the Apple of its day. Its Trinitron tv was the best. It invented the Walkman, the analog  forerunner of the iPod. And then, it bought a movie studio and lost its way. 

    Thousands of US servicemen returned from Viet Nam with high grade stereos from Sansui, Yamaha, Marantz and others. RCA had lost the day. Yamaha is still around but sells surround sound tv systems in Best Buy, hardly a competitor to the American made MacIntosh it once was. 

    This is an excellent article on leadership and design. 

  • Professor Elam

    Thursday March 22, 2012

    Screen shot 2012-03-22 at 2.03.49 PM

  • Professor Elam

    Thursday March 22, 2012

    The SWTLC is March 30-31. This is an academic conference sponsored by TAMUSA. It will be held at the main campus off Zarzamora. 

     

    TAMUSA Students can register for free. Most porfessors will present papers on Friday, students on Saturday. My students may attend, observe presentations, and then write a description of what they learned and their impressions of an academic conference. There will be a place on BB in the Discussion Site are to register your opinion. 

    Several teams of my graduate students will be presenting on Saturday regarding ethics issues in accounting. 

    This will be worth a quiz grade. 

    The conference site is here.

    http://swtlc.wordpress.com/

    register here

    http://swtlc.wordpress.com/registration/

    Photos of past conferences at left on this blog. 

  • Professor Elam

    Thursday March 22, 2012

    We have had some fun kidding students about the social stigma of showing up to yoga class in an Old Navy or Target outfit, oh the horror!

    LULU apparel of course will let your other yoga partners know that you have arrived, not discount exercise wear for you!  LULU went public in 2007 and has amassed an amazing 10 B market cap. One of the key is not discounting merchandise and letting shoppers know it is limited. The CEO is in the stores getting feedback from customers. 

    Interesting, did any one else see this niche coming?

    LULU trades at a 65 price to earnings ratio.