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Consider denormalization only if you're sure that application bottlenecks are being caused by excessive navigation of the data model at runtime Where possible, limit your denormalization to attributes that either don't change or change rarely Replicating frequently updated data can make maintenance a nightmare: You may spend more time replicating data (to manually enforce consistency) than you save by denormalizing in the first place If simplicity and consistency of queries are the only concern, consider creating views or stored procedures A view enables you to retain your normalized model but hide the complexity involved in locating data A stored procedure does the same and has an added performance benefit The only negative is that more development is required and the stored procedure is less portable (between databases) If you denormalize, identify value-added denormalizations, such as those where you can precompute something that would normally have to be computed at runtime This is particularly useful when it comes to applications that mine or otherwise analyze old data

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128 - Investment Planning (a) Blue chip stocks Highly regarded investment quality companies They are well established and older and have the ability to pay dividends in both good and bad years (b) Income stocks Pay regular and steady dividends and provide consistent current income for investors These stocks should also appreciate enough to keep up with in ation (c) Growth stocks Sales, earnings, and market share grow at rates that are higher than those of an average company or the general economy Blue chip stocks can also be classi ed as growth stocks Little to no dividends are paid (d) Cyclical stocks Cyclical stocks tend to prosper in growing and expanding economies and tend to do poorly during down business cycles Examples include autos, paper, and airlines (e) Interest-sensitive stocks The performance of some companies is largely affected by changes in interest rates For example, the housing industry has more demand when interest rates are low because it is cheaper for consumers to purchase homes Examples include insurance companies, telephones, utilities, and banks (f) Defensive stocks Stocks that are relatively unaffected by general uctuations in the economy are considered to be defensive stocks Examples are soft drinks, groceries, alcohol, and tobacco (3) Control or voting rights (a) Noncumulative One share of common stock permits one vote for each member of the board of directors This noncumulative voting would allow a shareholder of 100 shares of common stock to cast 100 votes for each of the director s positions (b) Cumulative Permits a shareholder to cast votes equal to the number of positions on the board of directors times the number of shares owned, allocated in any way the shareholder wishes Example: Three positions on the board of directors would allow a shareholder with 100 shares to cast 300 votes for one position, 150 votes for two positions, 100 votes for three positions, or any combination that does not exceed the 300 allotted votes Cumulative voting helps to protect minority shareholders right to management (4) Cash dividends are payments to the owners of a corporation (a) Stock price adjustment The price of the stock declines by the amount of the dividend per share on the ex-dividend date For example, assume a $100-priced stock that pays a $1 dividend On the ex-date, the stock s price will drop to $99, but the stockholder will receive $1 in dividends, so there is no change in overall value to the stockholder A rm s balance sheet will adjust too both cash and retained earnings decline by the amount of dividends paid (b) Dividend process i Declaration date The declaration date is the date when the board of directors passes a resolution to pay a dividend ii Ex-dividend date In return, brokerage rms and stock exchanges establish the ex-dividend date to make sure the right people get the dividend The exdividend date is two business days before the date of record If you buy the stock before the ex-dividend date, you are entitled to receive the dividend If you buy the stock after this date, you will not receive the dividend Before the date, the stock trades cum dividend.

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Specifies the list of arguments appended to the command line. Specifies new environment variables that are to be set in the environment of the command being executed.

Without denormalization, each user who wants to analyze this data will force the computation (potentially very expensive) to be redone even though the underlying data hasn't changed

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In a very general sense, this book is about designing efficient Web application architectures Before we can think about designing an architecture, however, we need to establish some requirements In this chapter, I propose some very general application requirements, essential to many types of applications Based on these requirements, we will be able to envision an abstract Web application architecture Later, we will ground that abstract architecture in something more realistic, in particular to various parts of the Java 2 Enterprise Edition (J2EE) solution My intention is to gradually define and describe the parts of an application in increasing levels of detail so that we can maintain an end-to-end view throughout our journey Although it is tempting, I resist the urge to center this book on a single example, such as online trading, auctions, or portal services Unfortunately, each of these examples has traits that do not lend themselves to all the performance and scalability challenges we want to cover For example, an online brokerage application has real-time features, but it is not necessarily a good example of a 24x7 application because its usage varies widely when normal trading hours are over Portal services, on the other hand, are a better 24x7 example, but they lack the real-time demands of an online brokerage For these reasons, I use a prototypical architecture and then relate examples as they become relevant throughout the text These details are established to set boundaries on solving the problems of scalability and high performance Although there are many ways to design a Web site, we will focus on the most common current trends while giving a nod to alternative and future paths

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