exchange

This was just about the only book I could find on the topic of building applications for exchange 4.0. It covers building client applications with the 4.0 forms designer tool (EFD) exclusively. The sample applications helped me understand this tool but the chapters detailing how to expand the applications with VB were very sparse

Well, If I tell you the truth, I believe this product help you definetly to improve the Use of Exchange Server, great book, congrats to Peter J. Krebs

Great book, buy it. (Ok, so I wrote some of the sample code...=

Let's start out this review by stating up front that we disagree with Daniel Ben-Ami's assertion that a preoccupation with risk measurement and management is a detriment to the global economy. With that out of the way, we can say that Ben-Ami presents a unique analysis of the modern global economy that is not at all without merit. His contention that lagging growth is a greater peril to the world's economy than financial instability is reasonable and backed up by ample evidence and illustration. And his position that increased regulation could be doing more harm than good will be embraced by all free traders. On the basis of these discussions alone, we [...] recommend this book to anyone thinking seriously about international financial systems. But this book is perhaps most useful as a starting point for debate, which it will certainly generate in the mind of any informed reader. While you might quibble with Ben-Ami's conclusions ' as we do with his assertion that the threat of the 1990s financial crises was overblown ' you will not be bored.

Usually, books on the dry subject of modern finance are a difficult read but this one is a welcome and worthy exception. The text is so fascinating that I managed to "make it" in three rather short sessions - and without the slightest trace of boredom in the process. I found no superfluous or pseudo-profound sentences and even the footnotes of this carefully researched study fully deserve the reader's attention.

Ben-Ami manages to explain in a few dozen pages the basics of apparently difficult concepts (as he rightly tells us, "even the most complex strategies tend to be built from simple components") such as derivatives, mutual funds, pension funds, hedging, etc. In the process, he shatters a lot of mistaken myths and conventional wisdom.

It is simply not true, he explains, that the instruments of modern finance are essentially speculative; on the contrary, they are usually a means for corporations and investors in general to better manage risk. Modern capitalists, unlike their predecessors of a more dynamic era, have an exaggerated aversion to risk and they try to build their portfolio in a way that minimises it. Thus a corporation dedicated to making cars, for instance, might prefer to invest part of its earnings in derivatives or hedge funds instead of innovating its production processes. The result would of course be a less dynamic form of capitalism, where more resources are spent on the financial markets - as opposed to the real, productive side of the economy. This, insists Ben-Ami, is in short what has been happening since the end of the post-war (1945-73) economic boom.

He offers powerful examples to illustrate his thesis. Yes, he says, it's true that George Soros made a billion dollars out of speculating against the British Pound in the early nineties - but that was only because the fundamentals of the British economy were really incompatible with the high value of its currency. A few years later Soros was betting on a fall of the Rouble and eventually lost two billion dollars. This time he had made a wrong analysis of the fundamentals of the Russian economy and got his fingers burned. The conclusion? Well, speculators really don't have the power to dominate events. So much for the idea that modern economies are but passive instruments at the hands of unscrupulous capitalistic sharks!

Ben-Ami regrets the general climate of fear for the future and horror of risk-taking that he thinks has taken hold of Western Europe and even more the USA in the last few decades - and has been, BTW, amply demonstrated in the recent near-hysteria caused by the appearance of a few cases of Anthrax in the US. He sees in this tendency a sign that the "animal spirits" that Keynes considered essential for the proper working of a dynamic capitalist economy are faltering.

The author doesn't present us a "solution" for this problem, probably because he's well aware of the fact that cultural attitudes are very hard to change. But he does warn that the climate of fear that currently permeates western society constitutes a clear impediment to stronger economic growth, both in the First and Third worlds. And he writes in such a clear, unpretentious style that one might just hope his analysis will eventually find a sympathetic hearing in the decision-making centers of Europe and the United States.

The author performs a complete and delicate post-mortem of modern capitalist beliefs and misconceptions. I read Ayn Rand's "Capitalism: The Unknown Ideal" some time ago. Daniel Ben-Ami constructs a compelling argument in favour of unregulated markets, healthy competition and good old fashioned risk taking. Unlike Raynd he steers away from abstruse philosophical theories and sticks with what really matters to the reader: Real life examples, cataloging the myriad failiures of faux-capitalism. If like me you whince every time you hear about another ill-thought out but well intended goverment safeguard, you'll enjoy this book for the intellectual ammunition it delivers.

While many stock market books have lots to say about parallels in financial history, this one is very different. The Great Bull Market is not really about the stock market at all. It's about the factors that led to the market mania of the late 1920s. Changes in social patterns, dramatic changes in the economy and living standards and a liberalisation of financial laws all led to the belief that life had really changed for everyone for the better.

Of course, there are wider things to consider than the rather simplistic and sometimes left-wing views put forward here. Even so, The Great Bull Market does take you away from the now perfunctory trawl through margin statistics and takes you into the heads of those who were actually parting with cash. For that it's a great read.

The market could only go up. Margin requirements were minimal. Investment in equities, seemingly ANY equities was a risk-less, rock solid path to fortune. Why buy one of the new electronic phonographs, or a refrigerator, on "time" (credit) when for the same amount of money, one could buy equities on margin, gain immense leverage, and be "guaranteed" to make the money back many times over, and be able to buy many more luxuries.

According to Mr. Sobel, this was, in a nutshell, the mentality of the average investor. Investment houses and financial institutions fueled the fire by making margin cheap and easy. Ultimately, stock prices were held up by nothing. Tremors of instability began to ripple through the market as the impending crash approached, often dismissed as buying opportunities. Ultimately, reality set in, and the unthinkable happened.

Are things different today? Yes and No. More safeguards would seem to be in place, however valuations of today make those of the 20's look miniscule. While a direct comparison is difficult to make between the period covered in the book, and the market of 2000, there are lessons to be learned. "The Great Bull Market" provides a fascinating account of the crash and the events that led up to it. A must read for anyone feeling a little jittery about the climate on Wall Street today!

When I was first assigned this book as an undergraduate in 1990, I was entranced by how any market could get so out of control as it did in the 1920's. Now, after re-reading it in February 2000 as a professional in the industry, I am frightened by the similarities that exist in this "new paradigm". This is a fast paced, well organized, and concise overview of how the fed, margin accounts, and a number of other powerful forces contributed, either passively or actively, to the crash of '29. I have shared this book with many of my colleagues in the investment industry, and we are all equally haunted by how history is indeed repeating itself.

This is a good book on volume if you are just getting started. He goes over how to spot accumulation and distribution in detail. However, you can tell that this information has been copied in so many other books on price and volume action of a stock. So if you have a good understanding on volume then I wouldn't buy this book. I bought this book on the recommendation of IBD and after reading I didn't learn that much. I would buy How to Make Money in Stocks if you don't already have it, instead of this book.

IMHO, one of the two best traders books ever written, alongside Reminiscenes of A Stock Operator. As opposed to most traders' books that are very much focused on price-centric indicators and pays lesser attention to volume, tape-reading is truly a gem that observes the important co-relation between price and volume, the latter being the fuel of every play.

Tape-reading doesnt predicts target prices of a stock play as opposed to most methods (eg elliot wave) but lets volume (or lack thereof) be the ultimate determinant of a continuation of a move or otherwise. Since I have never been a technical indicators' fan, I now trade solely on tape-reading principles with simple charting techniques using candlesticks (paying due attention to volume on formation of important patterns) and doing very decently ever since.

Great stuff !!!

As an active and profitable day trader (who makes a living trading) , I've read almost all the classics, in my opinion better than any book i've read! Definetly as good as "Reminiscences of a Stock Operator".

Wish all books were so succinct, i would've finished college in 1 year.

If you want to make money, read it!

This book, rich with wonderful old photos, gives a concise history of the last 100 years of the financial culture that has come to be known as Wall Street. A good blend of text, photos, and charts make this book interesting to the non-financial reader.

The author divided the book into decades and each chapter outlined the changes that occurred over those years.

At the beginning of the last century, Wall Street was known for its lack of financial regulation regarding trades. Scandals and outright swindles abounded. Four years after the Crash of 1929, FDR's administration passed nationwide banking and securities laws to make sure that this kind of disaster did not happen again.

Unfortunately, the real and distasteful inner workings of Wall Street were revealed in the Senate hearings. An SEC commissioner called investment bankers "financial termites". This knowledge scared investors away for the next 20 years.

In the early 50s, investing became popular with middle class investors for the first time in a generation, and mutual funds were developed after being gone for 30 years.

The 60s brought the birth of the modern mergers and acquisitions business in the U.S, and the days of small brokerage firms were coming to an end.

The 70s brought extensive reforms concerning commissions while the 80s were the years of junk bonds, insider trading scandals, and the savings and loan crisis.

The author called the 80s the decade of greed and the 90s the decade of boom. The Internet has brought about a totally new way of trading stocks and has made up-to-the-minute financial news available to everyone.

The changes in the last 100 years on Wall Street have been phenomenal, mirroring the technological changes in our society.

Charles R. Geisst's enjoyable book chronicles Wall Street in the twentieth century. He effectively captures the feel of the various boom and bust periods. The clear, informative text is supplemented with incredible black and white photographs of each period's key events and people, making it very evocative and intriguing. We at ... recommend this book to anyone - not only someone in business - who wants to learn about Wall Street's history. It would make a great gift for anyone who works in the financial industry or for a young person who is interested in how money works.

I enjoyed looking at the pictures and reading the headlines. Very educational and informative.

This book was a good book. I liked how they added the aliens to the book but when they were on the way to earth at the beginning of the book it was really boring. But then it got better. They have no animals and when Fen finds out where he is going to be living he is in for a huge suprise. Hope fully they can restore the animals on his home planet. For this book being a Sci Fi it was a good book and it had a lot of neat information in it like how they make the animals....

The book is good, an interesting read but it lacks qualities I like in other books such as Fearless and Harry Potter. It interested me when I saw it in the school library and it had a lot of Accelerated Reader points so I picked it up. Quite good and I reccomend you read it.

What would you do if you had an exchange student living with you? What if this exchange student was from another planet? Well in this book, Exchange Student, 16-year old Daria has an exchange student live with her. This exchange student is not any normal exchange student, but he is an alien from Chela named Fen. He is about seven feet tall and changes colors with the changes of his emotions. Daria is a breeder of endangered animals and when Fen comes, she finds that he too loves animals.
Kate Gilmore, the author of this book, takes you into the book as she describes the animals, somewhat what the world looks like in about a hundred years or so, and she describes the problems and fun of this alien's visit. She has written this challenging tale with a sharp eye for human, alien, and animal ways.
If you want to learn more about this alien and how the family copes with this new member, you should read this excellent book. I personally didn't want to put the book down. The words may be a little advanced for younger children, but a great challenge and fun for more advanced students.

This book is pretty decent if you need to get Exchange up and running in a hurry. However, if you plan to support the thing once it's installed, you WILL end up buying another book. There's only so much information you can fit in to a 250 page book, so it really just skims the top of the subjects it covers. I'd recommend buying a more complete book, and just reading the install section if you're in a hurry.

Knowing almost nothing about what Exchange is, or how it relates to Outlook, this was the perfect book for me. I am setting up a small business network for mail, calendars, etc. It is difficult when you are starting out, to get to the fundamentals. Most books and Microsoft links assume you are past that point. But if you miss the fundamentals, bad news.

I am now planning to buy an additional book to go more in-depth, but don't regret starting with this book. Well worth the small investment

As a network administrator that needed to get an Exchange Server up and running quickly, I found 'Sams Teach Yourself Microsoft Exchange Server 5.5' invaluable. It was easy to read and concise. I highly recommend this book.

Although the subject is'nt that original and the plot seems to be at times far fetched and not very beliveable the story is still quite enjoyable.

PS. The Finnish SS-men who appear in the book were in reality discharged from the Waffen-SS in Spring 1943 and not in 1945 but I understand that Patterson/Higgins had to bend the facts a bit to include the Finns in the book.

I have always liked this author; I can always count on him for a good story. This book came through for me although it was not one of his best, I think this was the period of time when we used another name and was really pumping the books out. There are other books that capture this period in time better and the plot was moving to the "no way" factor for me. He did a good job with an interesting story

altough I don't like some books of J. Higgins that are about the IRA, the story is as good as "The Eagle Has Landed" which is one of the best books I've ever read. Higgins tells the story in a way that you feel it's true. Especially the name of Bormann and his real life story makes you curious if the events really took place. On the other hand, the love story in the book is very affective and roses are the main reason that you cannot forget the story for days&nights. I've read this book for a few times as I've read The Eagle Has Landed and there are only few books that I've read and read, like Cussler's Night Probe or Tolkiens Ring story or Philip Kerr books

The Equity Culture: The Story of the Global Stock Market
By B. Mark Smith
Publisher: Farrar Straus & Giroux; 1st edition, Hardcover (August 2003)

B. Mark Smith gives the reader a history and economics refresher in the Equity Culture: the Story of the Global Stock Market. The book, 352 pages, is not hard to read and provides an interesting historical overview of the equity markets. Smith, a former stock trader with FS/Boston and Goldman Sach, is also the author of Toward Rational Exuberance: the Evolution of the Modern Stock Market.

In the Equity Culture, Smith traces equity market activity from the Mississippi Company in the 18th Century to the more academic and sophisticated computer models of today. Through it all, Smith shows the reader that while times may change, human behavior around a rising equity market does not. The real thesis of Smith's book is that equity market bubbles and busts contain three consistent historical trends(1) a new product or development; (2) increased purchasing activity by professional investors in the company or companies selling or providing the new product or development followed by investment by an expanding pool of inexperienced investors; and, (3) easy credit. Each significant downturn in an equity market, from the Romans to the recent technology bust, are preceded by these market elements, according to Smith.

The Equity Culture provides an interesting and wide angle view of the seemingly senseless ups and downs of the equity markets. The book is no novel, but Smith makes what most would consider a pretty dry subject an interesting read. For market veterans, the book provides good perspective; for market rookies a good lessen: look out!!

I monitor stock prices daily as part of my job, and to fuel my personal investment decisions -- needless to say, I am far from being alone. Yet only decades ago, stocks were clearly not that important for the majority. What has happened? What is happening? This book traces the history of stock from as far as the Roman Empire to modern days through the Middle-Ages.
This book explains that although stocks have been around for a long time, only quite recently have they been so widely used, and only recently have stock prices had such an influence on every major country's economy around the world. A great, well-documented perspective on today's stock-centric economy, and a highly suggested read for anyone dealing with stocks in any way.

B. Mark Smith has provided in The Equity Culture a readable account of the evolution of the global equity market. Emphasis on the word global. This is not the history of the U.S. stock market, or what he later refers to as the Anglo-American market, but an account of equity markets in Japan, Germany, Malaysia, and elsewhere, though invariably much of the focus is on Japan, the U.S., the U.K. and Germany. He is very good at weaving into his story the role of market theory from Markowitz on portfolio theory to more recent debates on the efficient market theory (the latter frankly I don't understand). Readers will also find here a more sophisticated treatments of so-called market "bubbles." In my view, he correctly limits the standard explanation of such events to stock markets that are sufficiently developed, or left un-regulated; hence, the so-called Japanese "bubble" is not a case of investors acting on emotion rather than reason because government policy had institutionalized high values.

This is an excellent overview, and he is to be commended for managing to avoid the temptation to stray too far from the main story line. After all any number of tributary topics he covers might well themselves provide the basis of another volume -- including, the role of central banks in crisis periods, the growing influx of pension dollars into equity markets, the co-variance of global markets and, of course, the recurring problem, most recently manifested by Enron and the Italian holding company, Parmalatt(?), of efforts to conceal losses through accounting machinations (see Japan's version in the discussion of Sanyo Special Steel (184-185). I think there is a small error regarding the U.S. crash and that is that "Black Tuesday" was October, not November 29th (see page 126), 1929. Not a big mistake when one bears in mind Galbraith's comment that the singular feature of the crash of 1929 was that the "worst continued to worsen." Overall, an excellent, very readable introduction to the global evolution of equity markets. Stay tuned, though, this history continues to evolve.....

I would agree that this is a very good book in terms of presenting what happened in the 19th century Atlantic economy. I do have one critical observation. The authors blame the collapse of globalization on the lobbying of particular industries; thus setting up the argument that general gains from trade were lost to special interests. This is in accord with their belief that globalization is a good thing. As an economist working on these issues for many years, with experience in government as well as academics and the private sector, I have to disagree. Clearly, governments need to rally constituents to support policies. Yet, from our own Alexander Hamilton to Germany's Otto von Bismarck, and a host of others, states had a strategic vision of what was in the national interest for which they sought support. This is the origin of the "iron and wheat" alliances that O'Rourke and Williamson credit with undoing "free trade" on the continent. This was a strategy of national economic development and strategic independence under which the major powers were able to successfully increase their economic growth rates. For evidence of this I would recommend Paul Bairoch's book Economics and World History (Univ. of Chicago, 1993). As the great economic thinker Joseph Schumpeter observed "the consistent support given by the American people to protectionist policies...is accounted for not by any love for or domination by big business, but by a fervant wish to build and keep a world of their own and to be rid of all the vicissitudes of the rest of the world." This is true of most people, most places---which is why the current fad of globalization will not last either.

I am an economist working on globalization issues, interested in history and economic history. I found this book an excellent study that puts globalization discussion in historical (19th century) context, a period of large international capital flows and even larger human capital flows. Th study uses data on these mass movements in production factors to empirically test/uses the standard international trade Heckscher Olin model on income and factor price distribution in trade. It shows that these mass movements had indeed measurable effects on income distribution following some of the model predictions. Problems of globalization in economic terms are indeed linked to the income effects of several groups in the economy following the opening up to increasing trade, investment and migration flows. All too often these discussions are marred by lack of data and lack of historical awareness, and i found this study filling a real gap. It surely will be contested but i found the analysis interesting and well-written. Recommended!

This book is not an easy read. Especially if you are not interested in economics and lack basic economics terminologies, you'll certainly have difficulties appreciating this book the way it should be. It is, however, an tremendously insightful story of the evolution and devolution of globalizm in the world in the late 19th century and early 20th century. It, in rigorous details, shows how an earlier period of globalization in the late 19th century was self-destructed by the very same forces that established it as a significant force in the global economic system. It reflects how easy it is to lose the benefits of economic globalism which we today often take for granted.