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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (12500)12/14/2021 7:15:26 PM
From: Kirk ©  Respond to of 26629
 
Thanks for OPEN. Opendoor Technologies Inc. (OPEN)

What you pay for a broker is negotiable. Here where scraper homes or homes in bad locations (busy streets, etc.) are the only way to get under $4M and $6 to $8M is not uncommon in the crazy frenzy... I think it is mostly stock market money getting diversified... but I shake my head at how much they have to make BEFORE taxes just to pay the freaking property tax on a $6M home....

Anyway, I think the sellers can get lower rates and get the agent to pay for staging and even some of the repairs. If not paying for the repairs, they'll have their contractors upgrade the place to get more people bidding and these high faulting CEO types don't like to lose so we're hearing of many homes going for $1M or more over the ask! THAT is why CA has so much of a budget surplus, property taxes on homes going up 20% a year is a HUGE source of funds as is the 13.3% tax on the stock people sell to buy the homes and sell to pay the annual property tax.

Looks like you are getting it 2/3rds off a peak today... a great price to start for sure but not quite as far down as Zillow which ended in more of a feeding frenzy.



With tax loss selling yet to come... I might put a net out near the IPO price




To: Elroy who wrote (12500)12/15/2021 10:18:31 AM
From: robert b furman  Read Replies (2) | Respond to of 26629
 
Real Estate is going digital. Actually has gone digital.

Here 2% for each realtor is the norm.

So 4% on a sale is the usual.

With inflated prices and the digital world (which is more efficient), this number will continue to decline.

I would love to see flat fees apply to all real estate transactions. They are already applicable to lower priced parcels as a minimum.

Listing costs are now electronic.

Real estate brokers take a big chunk of the commission from the actual selling agents commission. The broker fee is being attacked by independent agents who pass the broker test and time requirement.

Just as used car profits have been whittled away from the internet so too will real estate commissions.

That being said one of my best friends is a realtor with home construction and masonry experience. His guidance and experience regarding buying a home in need of repairs is more than worth his usual 2% fee.

Inspections should be mandatory, if your agent is not knowledgeable.

Bob



To: Elroy who wrote (12500)12/15/2021 10:30:38 AM
From: Kirk ©  Read Replies (1) | Respond to of 26629
 
IBM and Samsung Unveil Semiconductor Breakthrough That Defies Conventional Design
With new Vertical Transport Field Effect Transistors, or VTFET, IBM and Samsung have successfully implemented transistors that are built perpendicular to the surface of the chip with a vertical, or up-and-down, current flow.

  • - Vertical device architecture demonstrates path to scaling beyond nanosheet
  • - Aims to enable 85 percent energy reduction compared to scaled finFET transistors
  • - Developed at the Albany Nanotech Complex in New York, home to world-leading ecosystem of semiconductor research and prototyping
ALBANY, N.Y., Dec. 14, 2021 /PRNewswire/ -- Today, IBM (NYSE:?IBM) and Samsung Electronics jointly announced a breakthrough in semiconductor design utilizing a new vertical transistor architecture that demonstrates a path to scaling beyond nanosheet, and has the potential to reduce energy usage by 85 percent compared to a scaled fin field-effect transistor (finFET)1. The global semiconductor shortage has highlighted the critical role of investment in chip research and development and the importance of chips in everything from computing, to appliances, to communication devices, transportation systems, and critical infrastructure.

This collaborative approach to innovation makes the Albany Nanotech Complex a world-leading ecosystem for semiconductor research and creates a strong innovation pipeline, helping to address manufacturing demands and accelerate the growth of the global chip industry

The new vertical transistor breakthrough could help the semiconductor industry continue its relentless journey to deliver significant improvements, including:

  • Potential device architecture that enables semiconductor device scaling to continue beyond nanosheet.
  • Cell phone batteries that could go over a week without being charged, instead of days.
  • Energy intensive processes, such as cryptomining operations and data encryption, could require significantly less energy and have a smaller carbon footprint.
  • Continued expansion of Internet of Things (IoT) and edge devices with lower energy needs, allowing them to operate in more diverse environments like ocean buoys, autonomous vehicles, and spacecraft.
"Today's technology announcement is about challenging convention and rethinking how we continue to advance society and deliver new innovations that improve life, business and reduce our environmental impact," Dr. Mukesh Khare, Vice President, Hybrid Cloud and Systems, IBM Research. "Given the constraints the industry is currently facing along multiple fronts, IBM and Samsung are demonstrating our commitment to joint innovation in semiconductor design and a shared pursuit of what we call 'hard tech.'"

Moore's Law, the principle that the number of transistors incorporated in a densely populated IC chip will approximately double every two years, is quickly nearing what are considered insurmountable barriers. Simply put, as more and more transistors are crammed into a finite area, engineers are running out of space.

Historically, transistors have been built to lie flat upon the surface of a semiconductor, with the electric current flowing laterally, or side-to-side, through them. With new Vertical Transport Field Effect Transistors, or VTFET, IBM and Samsung have successfully implemented transistors that are built perpendicular to the surface of the chip with a vertical, or up-and-down, current flow.

The VTFET process addresses many barriers to performance and limitations to extend Moore's Law as chip designers attempt to pack more transistors into a fixed space. It also influences the contact points for the transistors, allowing for greater current flow with less wasted energy. Overall, the new design aims to deliver a two times improvement in performance or an 85 percent reduction in energy use as compared to scaled finFET alternatives1.

Recently, IBM announced the 2 nm chip technology breakthrough which will allow a chip to fit up to 50 billion transistors in a space the size of a fingernail. VTFET innovation focuses on a whole new dimension, which offers a pathway to the continuation of Moore's Law.

Innovation at the Albany Nanotech Complex is often directed towards commercialization, and on that end of the chip lifecycle today the companies also announced that Samsung will manufacture IBM's chips at the 5 nm node. These chips are anticipated to be used in IBM's own server platforms. This follows the announcement in 2018 that Samsung would manufacture IBM's 7 nm chips, which became available in the IBM Power10 family of servers earlier this year. The IBM Telum processor, also revealed earlier this year, is similarly manufactured by Samsung using IBM's designs.

IBM's legacy of semiconductor breakthroughs also includes the first implementation of 7 nm and 5 nm process technologies, High-k metal gate technology, channel SiGe transistors, single cell DRAM, the Dennard Scaling Laws, chemically amplified photoresists, copper interconnect wiring, Silicon on Insulator technology, multi core microprocessors, embedded DRAM, and 3D chip stacking.

About IBM
For more information about IBM, visit www.ibm.com.

Media Contact
Kortney Easterly
IBM Research Communications
Kortney.Easterly@ibm.com

1 VTFET nanosheet and scaled FinFET device simulation results are compared at the same footprint and at an aggressive sub-45nm gate pitch. VTFET nanosheets provides ~ 2X performance of the scaled FinFET at equivalent power due to VTFET maintaining good electrostatics and parasitics while FinFET performance is impacted by severe scaling constraints. Or VTFET could provide as much as 85% power reduction compared to the scaled FinFET architecture as compared at an equivalent frequency on the extrapolated power-performance curves.

newsroom.ibm.com

SOURCE IBM