Featured Post

Limitless Time and Subconscious Mind Power

  We are as human we always have questions for Time, Universe and Mind Energy. Time have various dimensions.In this we will discuss over 11...

Friday, September 2, 2011

How to Experience Life Inside the Cockpit With Modern Flight Simulator Games--- https://innovationsolutionlabs.blogspot.com



If you take a little time out of your busy schedule to look around you're sure to find several rockin' versions of flight simulator games online. The cockpit really is the heart of any plane flight simulator game. Whether you're ready to rock 'n roll with a little combat flight simulator 3 action or you want something a little calmer like an air tour of Italy through a Flight Simulator X demo game you are sure to find what you're looking for among the many different planes. One way to do this is by downloading on of the many excellent Flight Simulator X Demos and trying it out for yourself to see how the cockpits of various planes look and feel to you.

If you really want to make the most of your cockpit experience, however, there are things you can do that will help you get through the experience (we know how much you hate having fun and flying planes). Keep these great ideas in mind in order to truly make the most of your flight sim experience.

1) Invest in forced feedback yoke and pedals for your game. This is just one more way you can really put yourself in the cockpit. The more your game setup looks and feels like the "real deal" the more authentic the entire experience is likely to be for you. Forced feedback controllers allow you to feel the impact of bullets hitting your plane and even to feel the crash when your plane doesn't make it out intact. These bits and pieces of hardware can be costly but for the dedicated flight simulator x game player they are well worth every penny.
2) Life-like cockpit and equipment. No one wants to invest countless hours of time and attention into a game where their surroundings seem fake or off. At least this is the case when the goal of the game is to be as authentic as possible. You need to search around until you find a game that takes your role in the process seriously. Once that has been established you can get busy enjoying the great game play that's waiting for you.
3) Have a realistic physics engine. This is the key to excellent game play no matter what kind of airplane simulator games you're playing is how realistic the game really is. Airplanes don't blink out of existence when bullets are flying only to blink back in once the danger has passed. That would kind of take all the fun out of things. You don't want this to happen in the games you're choosing to invest your time playing either. Ask around. Play through a Flight Simulator X demo or two and be sure to read various Flight Simulator X reviews to make sure this is the game for you before you buy it.

It's the little things that matter most when you're trying to find the one thing that will hold your world – and the people you love most in it – apart. These are the things you want to look for above and beyond all that as you search for a great game for the kids to enjoy while traveling.

Wednesday, August 24, 2011

ALL ABOUT BANK OF AMERICA


Bank of America shareholders have experienced huge losses in the past few weeks, and at around $6.15/share, BAC could very well be trading under $6 by next week. The recent sell-off can be attributed to the apparent fear and anger that investors have towards Bank of America. With all the media and analysts predicting doom and gloom for Bank of America, it is very easy to get sucked into the whirlwind of emotion surrounding this stock.
People Are Afraid
Everywhere you turn there is some analyst  say that Bank of America needs to raise $50 billion in capital in order to meet Basel III and future lawsuit obligations, or Bank of America's book value is inflated by up to  $ 200 billion or Bank of America has untold sovereign  risk exposure in Europe. Sometimes analysts even use  misleading phrase like "Bank of America only has $65 billion in equity left", as if share price has any impact on Bank of America's ability to continue operating. I could go on and on, but you get the picture. I am going to go through four of these unfounded fears, and disprove them. I will be using publicly available information obtained from Bank of America's most recent
Fear 1: Bank of America Needs to Raise More Capital
This is not true. A few weeks ago I wrote an article outlining how Bank of America does not need any more Tier 1 common capital. In this article I assume a worst case scenario of a complete and immediate write down of all 30 day past due loans (with no recovery rates, cure rates etc.). Needless to say, even with the immediate write-down, and all the provisions for lawsuits and loan buybacks Bank of America would fall in line easily with Basel III requirements.
Why are the analysts saying that they will need   50$ billion in capita As reported By barrons
The math they came to get BAC to Basel I T1C in line with C they need about $40-$50bn.
It is ridiculous that this analyst is making one-sided statements that Bank of America will need to raise capital because Citigroup  has will have a 8-9% Tier 1 ratio years before it is required. Big banks will not need to have that high of a ratio for years. The analyst is also disregarding the huge amount of non-core assets on Bank of America's balance sheet, which could easily be sold, and reduce risk weighted capital, while increasing Tier 1 capital.
Fear 2: Bank of America's Book Value is Overstated by $100-200 Billion
According to Bank of America's 10-Q, Tangible Book Value is around $12.65 a share. This is excluding intangible assets such as goodwill. I guess ZeroHedge, and has-been trader/criminal, Henry Bloget, know more than Bank of America's auditors and management.
Fear 3: Bank of America Has Huge Sovereign Exposure to the PIIGS
Again, lets go into Bank of America's 10-Q and get the facts, not conjectures and theories based on emotions and opinions. Page 106 shows that total sovereign exposure is a mere $119 million (after applying CDS that Bank of America bought to protect itself from losses).
Fear 4: Bank of America's CDS are at 395 bps Bankruptcy is Days Away.
I don't know if the CDS spike is due to the stock price decline or vice versa, but Bank of America is not going bankrupt anytime soon. According to its 10-Q, Bank of America has cash and cash equivalents equal to $119 billion, $20 billion in liquid short term investments, and trading assets outnumber trading liabilities by around $75 billion. To top it off, Bank of America has enough cash to pay off all of its short-term debt today, and still service it's long-term debt.
Conclusion
I am not saying there is no risk associated with Bank of America. Check my research, and make your own decision. This stock is ruled by headlines and fear, plain and simple. Analysts keep saying that the market believes they need to raise more capital, but the market is not always right. I think that it is quite possible for BAC to drop to $5/share in the short term, but it is a great long-term investment for a brave value investor. Stop listening to the headlines and fearmongers, don't follow the herd, do the research, and make your own decision.

Doctor of Philosophy (Ph.D.) in Journalism and Mass Communication | The Walter Cronkite School of Journalism and Mass Communication

Doctor of Philosophy (Ph.D.) in Journalism and Mass Communication | The Walter Cronkite School of Journalism and Mass Communication