Real Estate Securities and a Filter-based, Short-term Trading Strategy

Anecdotal evidence provides overwhelming support to the belief that sophisticated real estate investors profit by timing long-run real estate cycles. This article examines the investment performance benefits that sophisticated investors may derive from short-run cycles in real estate, specifically, through the publicly traded real estate markets. Using a simple strategy that filters out noise in real estate investment trust (REIT) price reversals, this study shows that a contrarian strategy is many times more profitable than the associated execution costs. Furthermore, the study demonstrates that the REIT market has been sufficiently liquid to execute this trading strategy. This last point is directly related to the filter strategy since only REITs with large price movements satisfy the hypothetical investor’s selection criteria.

Taming "Rogue" Pharmacy Websites: The Response to Illegal Prescription Drug Sales on the Internet

What has emerged from recent media coverage, White House statements, and congressional hearings is a fairly clear picture of the threat to public health posed by "rogue" online pharmacies and the obstacles facing state and federal agencies in regulating them. Exactly who should be regulating online pharmacies and what, if any, additional legislation is necessary is less clear. Several different courses of actions have been proposed to address the almost universally perceived threats to public health and the privacy of consumer information. What is very clear is that nobody is certain how to address the fact that many of these "rogue" online pharmacies are based in foreign countries, and this is cause for serious concern. The following discussion provides an overview of how online pharmacies operate and what potential risks they pose to public health. It also outlines the laws and authorities that regulate online pharmacies, the obstacles to enforcing existing laws, and recent actions taken against "rogue" websites. Finally, it offers an overview of several different recent proposals designed to meet the challenges of online pharmacies

Michael Cooke Interview

Transcript of oral history interview with Michael Cooke by Michael Downs on his experiences during the Vietnam War on February 5, 1984

Inhibition of Fructose-1,6-bisphosphatase by Aminoimidazole Carboxamide Ribotide Prevents Growth of Salmonella enterica purH Mutants on Glycerol

The enzyme fructose-1,6-bisphosphatase (FBP) is key regulatory point in gluconeogenesis. Mutants of Salmonella enterica lacking purH accumulate 5-amino-4-imidazole carboxamide ribotide (AICAR) and are unable to utilize glycerol as sole carbon and energy sources. The work described here demonstrates this lack of growth is due to inhibition of FBP by AICAR. Mutant alleles of fbp that restore growth on glycerol encode proteins resistant to inhibition by AICAR and the allosteric regulator AMP. This is the first report of biochemical characterization of substitutions causing AMP resistance in a bacterial FBP. Inhibition of FBP activity by AICAR occurs at physiologically relevant concentrations and may represent a form of regulation of gluconeogenic flux in Salmonella enterica

Predictors of the importance of freedom of speech

This study was conducted to examine the aspects of personality factors and social attitudes that might explain variations in the perceived importance of freedom of speech. Ninety-five female and fifty-six male college students particpated in the study

Richard Hughes Interview

Transcript of oral history interview with Richard Hughes by Michael Downs on his experiences during the Vietnam War on November 24, 1983

Scott Gillock Interview

Transcript of oral history interview with Scott Gillock by Michael Downs on his experiences during the Vietnam War on October 19, 1983