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In this chapter, we briefly visited several basic yet important database concepts We distinguished between logical and physical database design, keeping in mind that both influence how well the database performs and scales We also surveyed several database objects, not just relational tables Later, we'll see that understanding how to use these structures can be important during the deployment phase Finally, we looked at query processing and how some of the database objects we described (such as indexes) play a role at runtime Although many engineers are familiar with building and querying databases, they're less familiar with the details of how databases work This is like driving a race car and not understanding its engine Instead of treating the database like a black box, it pays to understand what's going on inside and why Such understanding is absolutely critical when pursuing overall high performance and scalability for your Web applications



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(9E.10)

As you already know, relational databases are at the heart of any serious Web application And, as we saw in 10, databases are queried via SQL The question then becomes, how can we use Java to send SQL to the database and then use it again to parse the results (if any) returned The answer, of course, is through the Java Database Connectivity (JDBC) API, a key part of any J2EE infrastructure

Back in the old days of Unix, script programmers were limited to monochrome terminals, so interactive shell scripts didn t have to worry about using colors. These days, with all of the fancy terminal emulation packages around, adding colors and special effects to your interactive scripts has almost become a necessity. This section discusses and demonstrates how to add special text features to your script output.





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$5011 050 2 $3850 1 035 D Consider a different way this problem can be posed If stock drops to $40/share, how much cash will you be required to put up, assuming you bought 100 shares of XYZ stock for $60 per share with an initial margin of 50 percent and a 30 percent maintenance margin (1) Solve current equity $4,000 (stock value) less $3,000 (loan amount) $1,000 equity (2) Find required equity $4,000 30% $1,200 (3) Subtract (1) from (2) $1,000 less $1,200 $200 3 Calculating the rate of return on a margin transaction A The rate of return is calculated by solving the net pro t and total investment in a transaction Net pro t investment = % gain or loss B For example, assume Sarah short sells 100 shares of XYZ at $57 with a 50 percent initial margin XYZ pays a dividend of $2 per share after she sells the stock She then buys back the stock for $54 The rate of return is (1) Investment is $100 $57 05 = $2,850 (2) Net pro t is $5,700 (proceeds) less $5,400 (cost) less $200 (dividend payments) (short the position) The result is $100 (3) $100 divided by $2,850 = 35%

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JDBC offers two key features: simplicity and database independence It's considered simple because, with only a few statements, a developer can programmatically query a database He can easily combine his own local application data with a template for a SQL query and execute the resulting dynamic query In terms of database independence, JDBC allows engineers to stop worrying about differences in vendor-specific database connection instructions Instead, it puts the burden on database companies to produce JDBC drivers and build their proprietary connection management codes beneath a common Java API JDBC is arguably the most mature of the J2EE technologies we've discussed throughout this book This is for two reasons One, even before J2EE had any legs, JDBC was in demand and was used frequently by developers as a way for their Java applications to talk to relational databases Two, JDBC owes a lot to the spirit and design of ODBC, the original standard API for querying a data source independent of vendor

% value1=$(( 4 * 5.1 )) % (( value2 = 4 * 5.1 )) % printf "%6.3f\n" $value1 $value2 20.400 20.400 %

(See Topic 40 for introduction to options) 1 Strategy of buying calls A A call is an option to buy a speci ed amount of shares (usually 100) at a speci ed price (strike price) within a speci ed time period (expiration date) B Investors should buy calls when they expect the underlying stock or index to rise C A long call position can be used in a speculative way through leverage, or conservatively as an insurance policy The percentage increase in a call often exceeds that of the stock in a rising market When the price of the underlying stock decreases, the percentage loss in the call is often greater than the stock This is the effect of leverage The absolute gain or loss on the call is less than it is when the stock is owned, because options are less expensive D The maximum gain is unlimited The maximum loss is the premium paid for the options The breakeven equals the strike price plus the premium E Time decay accelerates as the option approaches expiration 2 Strategy of buying puts A A put is an option to sell a speci ed number of shares (usually 100) at a speci ed price (strike price) within a speci ed time period B The objective in buying puts is for a trader to pro t from or protect against a price decline in the underlying stock Put buying is a speculative strategy using leverage or a conservative strategy of insurance

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P2P architecture is the basis of le sharing over the Web and the basis on which companies such as Napster, Kazaa, and Gnutella operate (see s 4 and 16).

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