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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (15222)	11/9/1998 4:12:00 PM
From: RockyBalboa	Respond to of 18691

Roger, just found the joke of the century!! Read the first line Tera Computer Announces the Gigaflop Crash Challenge; Sees Japanese Vector Supercomputers as Primary Competitors Business Wire - November 09, 1998 16:02 SEATTLE--(BUSINESS WIRE)--Nov. 9, 1998--Tera Computer Company (Nasdaq:TERA), a Seattle-based supercomputer company, today announced its Gigaflop Crash Challenge. The Challenge will pit supercomputer makers against each other in highly complex simulations of automobile crashes where sustained high-speed supercomputer performance is crucial. Crash simulations are considered key in designing safer, more fuel-efficient cars. "It is commonly held that today's high performance computers can reach teraflop performance, but industrial users are happy to eke out a mere gigaflop on their difficult problems," said Burton Smith, Tera's chief scientist. Smith is the architect of Tera's Multithreaded Architecture (MTA) supercomputer. A gigaflop is one billion floating-point operations - mathematical calculations - per second. A teraflop is one trillion floating-point operations per second. Noting that the NEC SX-4 from Japan is the world's fastest supercomputer performing automobile crash simulations, Tera challenged NEC and others to participate in benchmarking a test case distributed by the National Crash Analysis Center (NCAC). "We fully expect to sustain two billion floating point operations a second or more running full-contact crash simulations by the end of 1999," said Jim Rottsolk, president of Tera. "The Gigaflop Crash Challenge will draw attention to the fact that today's supercomputers rarely achieve sustained high speed performance on important industrial applications, in marked contrast to the levels of theoretical peak performance claimed by many vendors. Many computer manufacturers claim to have "teraflop" machines. We challenge them to run a sustained two gigaflops on the NCAC benchmark." "The worldwide automobile industry has been a big market for vector supercomputers, and we believe Tera's MTA system will offer automobile design engineers a significant boost in performance over current vector supercomputers," continued Rottsolk. LS-DYNA Code Selected The code Tera has selected for the challenge is Livermore Software Technology Corporation's LS-DYNA. It is used extensively worldwide by the automobile industry to simulate the effects of crashes. More information on the LS-DYNA crash simulation code is available from Livermore Software Technology Corporation, 2876 Waverly Way, Livermore, CA 94550. More information on the George Washington University FHWA/NHTSA National Crash Analysis Center is available at ncac.gwu.edu. More information on Tera's Gigaflop challenge can be obtained from www.tera.com. About Tera Computer Company Tera Computer Company designs, builds and sells high performance general-purpose parallel computer systems. Tera believes its Multithreaded Architecture system represents the next wave in supercomputer technology because of its unique ability to provide high performance, broad applicability and ease of programming in a single system. For more information about Tera and its MTA systems, contact the company at 2815 Eastlake Avenue E., Seattle, WA 98102. Phone: 206/490-2000. Fax: 206/325-2433. E-mail: info@tera.com, or tera.com. This press release contains forward-looking statements, among other things, Tera's ability to build MTA multiprocessor systems and scale application performance. There are certain factors that could cause Tera's execution plans to differ materially from those anticipated by the statements above. Among such factors are risks associated with integration of numerous modules into commercially configured systems; necessary modifications to hardware components, software and the integrated systems; timely availability of commercially acceptable components from third party suppliers; and availability of adequate financial resources. For a discussion of such risks, and other risks that could affect Tera's future performance, please see "Risk Factors" in Tera's most recent SEC Annual Report on Form 10-K. CONTACT: Tera Computer Company Ken Johnson/Jim Rottsolk, 206/490-2000 ken@tera.com, jim@tera.com or Stapleton Communications Inc. Ellen Brook, 650/470-0200 ellen@stapleton.com <ggg> C.

To: Roger A. Babb who wrote (15222)	11/9/1998 4:23:00 PM
From: larry	Read Replies (1) \| Respond to of 18691

Roger, Well, I would rather that you short AMZN instead of YHOO! because that will make better sense. I don't want to argue with you that all these inernut issues, including EBAY!, are vastly overvalued. However, we have held this discussion for lots of times and basically I don't see the YHOO! tulip crashing for some time. But certainly I can see that this issue can lose 20-30 points in one day. But as long as lots of people believe in the YHOO! story, it will recover soon. I suggest that traders use major weakness in YHOO! as entry point for some terrific gains in a very short period of time. larry!