Solar paneling may decorate center’s roof
What else are they going put on the roof of the Colorado Convention Center – a swimming pool?
Discussions are already underway about installing a private heliport on the roof to allow easy access into downtown Denver for VIPs, CEOs and politicians.
Now, plans are in motion to possibly put solar panels up there as well.
The solar panels are part of Mayor John Hickenlooper’s Greenprint Denver Initiative, which includes goals such as converting city vehicles to hybrid or bio-diesel and planting a million new trees over the next 20 years.
Darryl Winer, a consultant to the city, said there will be a kiosk in the convention center where visitors will be able to “see how much electricity is being generated.”
“I think people will be very pleased to see solar generation,” Winer said.
But the kiosk probably won’t show VIPs hopping off of helicopters on the center’s roof. How about some palm trees to shade the pool?
Prof: Judge IPOs by number of analysts
Investing in companies shortly after an initial public offering is a strategy used by many investors. But with dozens of companies holding IPOs every year, how can an average investor pick which shares to buy?
An accounting professor at the University of Illinois at Chicago says he has an answer.
Somnath Das examined 4,082 IPOs from 1986 to 2000 and found that IPOs that are followed by many analysts perform better than offerings followed by fewer analysts.
The study, published in The Journal of Finance, found that three years after an offering, stocks covered by many analysts yielded an average annualized return of 15.1 percent; offerings with medium coverage were up 12.9 percent; and offerings with low coverage delivered a 5 percent return.
The study defined high coverage as five analysts or more; medium coverage as 2.5 analysts; and low coverage as fewer than one analyst.
How will the share prices of Colorado’s recently issued IPOs fare based on those guidelines?
Denver-based Chipotle Mexican Grill, which has seen its share price more than double since its January offering, is followed by four analysts. Niwot- based shoemaker Crocs Inc., whose share price is up about 17 percent since its February IPO, is followed by three analysts.
A semi-surprise 75th for Dana Crawford
Dana Crawford’s 75th birthday bash was sure to be full of surprises, even though Denver’s development diva knew 150 guests were expected to attend the soiree at the Oxford Hotel.
“The surprise will be who shows up,” Crawford said of the party scheduled for Saturday, July 22. “I’m kind of speechless on the subject.”
Crawford’s son Jack and friend Walter Isenberg, hosts of the party, sent invitations including three photos of the birthday girl at various stages in her life.
“I’m just thrilled that so many of my friends are coming in from around the country,” she said.
Computer techs get their day in the sun
Have you thanked the person who keeps your office computer network up and running? If not, do so on July 28, also known as Systems Administrator Appreciation Day.
The seventh annual “holiday” is celebrated on the last Friday of July as the tech workers ask for a “nice token gift and some public acknowledgment,” according to the System Administrator Appreciation Day website, sysadminday.com.
“On this special international day, give your System Administrator something that shows that you truly appreciate their hard work and dedication,” the site says.
“Let’s face it, System Administrators get no respect 364 days a year,” the site adds. “This is the day that all fellow System Administrators across the globe, will be showered with expensive sports cars and large piles of cash in appreciation of their diligent work.”
Several groups, including the League of Professional System Administrators, Network and Systems Professionals Association and the Advanced Computing Systems Association, sponsor the day.
