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data) you can pack into an application If you have to support a range of connection speeds, what is the right amount Until recently, home users were stuck with bandwidth that only allowed data to trickle in and out Even now, the vast majority of Internet home-based clients are confined to bandwidths of between 288 and 56 Kbps However, in recent years, residential consumers have been able to purchase higher bandwidth to the Web in the form of digital subscriber lines (DSL) and cable modems These alternative connections yield speeds in the hundreds (or thousands) of kilobits per second; for example, many DSL lines can support speeds from 384 Kbps to 15 Mbps and higher In the far future, the majority of Web users will have high-bandwidth access, even those in rural communities For now, we will assume that most home consumers have access of 56 Kbps Many of the applications written for this group of users are referred to as business-to-consumer (B2C) applications because they involve consumers interacting with businesses At the same time, most businesses that need information technology have high bandwidth connections They can support heavyweight applications that contain lots of applets, images, and animations and seem to download in a split second While there are many fewer business users of remote Web applications than home users (business users tend to use local software and information sources), businesses also need to use applications provided by other businesses These applications are often referred to as business-to-business (B2B) applications With two general connection speeds (low and high) and two general application types (B2C and B2B), what is the best approach Certainly, you can always support both; how many times have you visited a site that said something like "Click here for the high-bandwidth version!" You can also generalize B2C tends to be low-bandwidth and B2B tends to be high-bandwidth Or you can be futuristic and declare "Everyone will eventually have high bandwidth, so let's not care" Throughout our discussions, we are going to take the conservative approach and strive for applications that assume low bandwidth, whether the application is B2B or B2C It won't matter which because our assumptions are that users favor substance over style and that it is better to focus on the performance and scalability for one bandwidth than to juggle support for two very different levels Yahoo and Google are our prime examples here These Web-based applications have become successful despite their visual simplicity Their low-bandwidth approach does not mean that they sacrifice the ability to provide things like pictures or videos or music; just look at some of Yahoo's vertical sites In short, we will always be concerned with bandwidth since our client base could comprise anyone from the home consumer to the business user In choosing to minimize our use of bandwidth, we are assuming that our users will not be offended since the same functionality will be there Meanwhile, we are helping to achieve our own scalability goals by keeping things simple and conserving server-side bandwidth where possible, so that we can deal with the millions of users that we expect to come knocking.



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1 Dollar cost averaging A Dollar cost averaging is the process of purchasing securities over a period of time by periodically investing a predetermined amount at regular intervals B The goal of dollar cost averaging is to reduce the effects of price uctuations When the market is rising, additional shares will bene t from the price increases When the market is declining, the additional shares purchased will be purchased at lower prices and will yield more shares per dollar invested 2 Dividend reinvestment plans (DRIP) A Shareholders have cash dividends automatically reinvested in additional shares of the rm s common stock The cost of doing this is low or none B Dividends that are reinvested are treated the same for tax purposes as a dividend received in the form of cash These dividends, like other dividends, will be reported to the IRS on Form 1099-DIV 3 Bond ladders





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3.4.2.1 Proteases. Proteases hydrolyze internal peptide bonds of polypeptides, producing smaller peptides and polypeptides (Fig. 3-9). The proteases involved in digestion are relatively specific for the amino acid side chain, designated R in Figure 3-9. Pepsin, which is secreted by the stomach and active at acidic pH, is a relatively nonspecific protease that recognizes the R group of many different amino acids, including those that are dicarboxylic (Asp, Glu), aromatic (Phe, Tyr), or contain large, bulky side groups (Leu, Met). Pepsin can digest as much as 10 to 20% of the protein in a meal. Hydrolysis of dietary collagen by pepsin also facilitates the subsequent access of pancreatic proteases to proteins in ingested meats. The pancreas secretes several proteases, each with its own particular substrate specificity. Trypsin cleaves peptide bonds on the C-terminal side of the basic amino acids Arg and Lys, whereas chymotrypsin cleaves peptide bonds on the C-terminal side of Leu, Met, Asn, and the aromatic amino acids Phe and Tyr. Elastase cleaves on the C-terminal side of amino acids that have a small side chain, such as Ala, Gly, and Ser.

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Independent of its specifics, an application architecture must be capable of capturing the business logic, data, interface, and network requirements just described In fact, in describing a prototypical application architecture, it is best to start with a very general design Then, progressively, we can fill in some of the details, such as where the Web server fits The important thing here is to not get lost in specifics Times will change, technology will change, but customer requirements, by and large, will remain constant

Starting at the 10,000 foot level, Figure 2-1 shows the composition of a very abstract application We see that the user directly interacts with the interface Thus, this is where interface requirements should be met An interface is a proxy to the core business logic of an application, which is composed of the operations that correspond to the business process(es) at hand As this logic is executed, it typically requires the need to interact with and manage data, specifically, to store and query it Figure 2-1 Abstract application architecture

You ll notice in the rst example that when I typed my name, the read command assigned both my rst name and last name to the same variable. The read command will assign all data entered at the prompt to a single variable, or you can specify multiple variables. Each data value entered is assigned to the next variable in the list. If the list of variables runs out before the data does, the remaining data is assigned to the last variable:

Topic 48: Investment Strategies - 159 A A bond ladder is the purchase of bonds with maturities distributed over a period of time It is created to reduce interest rate risk Example: A $100,000 bond portfolio would require $10,000 worth of bonds that mature each year for 10 years If interest rates change, the price of bonds with shorter maturities (maturities of 1 to 5 years) will uctuate less than the price of bonds with greater maturities (maturities of 6 to 10 years) B Bond ladders provide three primary bene ts: (1) Interest rate risk is less than that of a portfolio of longer-term maturities (2) Interest earned on the portfolio is greater than that of a portfolio of shorter-term maturities (3) Cash is available each year when a short-term bond matures C Bond ladders also have a disadvantage: If an investor anticipates a change in interest rates and wants to alter the portfolio, then virtually all the bonds have to be sold 4 Bond barbells A Barbells constitute a strategy of acquiring a portfolio of very long term maturities and very short term maturities For example, a $100,000 bond portfolio would require $50,000 in bonds that have short-term maturities (6 months to 1 year) and $50,000 in bonds with longterm maturities (20 to 30 years) In this way, an investor needs to sell only half a portfolio in order to adjust to any anticipation of interest rate moves B A barbell strategy will reduce the impact of uctuating interest rates if an investor correctly anticipates the rate change It will magnify the impact if the investor is incorrect

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