Why the Dow Jones? It’s a widely followed index, many people consider it a good proxy of the market (that’s a topic for another post) and most importantly the index only has 30 stocks making it much easier to analyze than the S&P 500.

The Results: The Dow Jones, compared to its historical PE average, is undervalued.

The Analysis: My data is from Yahoo Finance, and is as of Feb 22, 2011. I took the current price, closing price for the day and the current EPS to determine the current PE ratio. I then used Yahoo Finance’s estimates for next year’s EPS estimate to determine the forward PE ratio. The results, speak for themselves; the current PE ratio is 14.93, and the forward PE is only 11.49. Historically, the market is overvalued when the PE ratio is above 18. So, based on the forward PE ratio, we are pretty undervalued. If we estimate the forward PE should be 15, we’re looking at the Dow going up to 15,938 compared to the current 12,220. Here’s the data that I used:

Then if you try to see what the value would be with more realistic PE ratios, here is what you get:

As we can see, the stock market is nicely undervalued and could be a potential lucrative investment.

All data is as of Feb 22, 2011 and I’m not an investment advisor and you shouldn’t base your investment decision on what I tell you.

Operating System
It’s amazingly fast to boot. Takes under 30 seconds from a cold boot to the splash screen where you log in. Once you do, you’ve got your Google Chrome browser and that’s about it. There’s no start menu of installed app, no launcher, nothing; just the browser. It took some time to get used to it (trying to open a start menu), but it’s kinda easy to get used to it. Maybe since I’m using Chrome as my primary browser on my laptop has helped with the transition. Again, if you’re used to Chrome, using the netbook should be pretty straight forward, the web apps that you’re used to are there, and it syncs to your Google account.
Unfortunately, you’re kinda locked to using Google’s online Documents system. There are some Citrix apps that I can use for work/school, but Citrix isn’t supported yet. There is an app or something in the works apparently; once that happens it will make it easier to integrate into your work life as well.

Performance
Performance is decent; it’s not as fast as a normal computer, but it’s definitely not noticeably slow. The main problem comes back to the actual browser. Some sites just don’t like Chrome and will tell you to use another browser; clearly you can’t do that on the CR-48, so you’re kinda stuck with it. The battery life is supposed to be 8 hours, and so far I’ve seen it last around 7 hours pretty easily. As long as you’re not running video all the time, you can run the laptop for the day on a single charge.

Overall Thoughts
This laptop is definitely not for everyone. It takes time to get used to no hard drive, no start menu… You gotta live your life on the internet. And since this hardware isn’t going to be in the laptops when they actually launch, hopefully some of the performance issues won’t be there either. You can survive a weekend with just the CR-48 (I’ll be trying this over the New Year weekend), but it can’t do everything. I’d really wait on recommending this to anyone till the final hardware configurations are released in mid-2011.

So, I’ve decided that Facebook is still useful to have around. But I’m not going to have anything on. So, I’m going through and deleting everything. As a test, here’s a direct link to a picture that I’m deleting. I want to see how long it takes for it to actually leave Facebook’s servers. According to arstechnica, Facebook doesn’t always delete these pictures right away, and it can take several months for them to go away.

The story is based on true event, I mean the lawsuits actually took place, the depositions actually happened. The movie uses these depositions to create flashbacks to tell the entire story to the viewers. Since there are two depositions going on simultaneously, it becomes a little confusing, but the flashbacks are in sequential order, making it easier to understand. The screenplay also does a wonderful job in portraying Zuckerberg’s personality and character (at least it creates an image, which may or may not be true).

The acting in the movie is wonderful; Jesse Eisenberg (Zuckerberg) and Andrew Garfield (Saverin) play their roles really well. Of the two, Garfield’s portrayal of the innocent friend that wanted to help really increases the impact of Zuckerberg’s eventual betrayal. Beyond just these two actors, we also have Justin Timberlake’s acting of Sean Parker (the founder of Napster and Plaxo). Timberlake’s acting is actually very impressive and he could actually be strong actor in the next few years. He’s been in a bunch of movies in the past, but I don’t think he’s been this good in them. This could possibly be his breakout movie role. Who knows, he might be a better actor than singer (not saying he’s not a good singer, but not all his songs are that good…)

Overall, the movie is good, parts were humorous, parts were serious. I don’t think it’s an amazing movie, but definitely one of the better movies of the year.