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“Studies have shown that…” idiosyncratic risk in stocks is higher. So, have 30 stocks in your portfolio.

More layoffs: AT&T, News Corp, Gateway and Motorola. But the find of the day is TheStandard’s layoff tracker.

Excerpts from Nathuram Godse’s statement.

Freedrive closes public storage space. Along with Napster, that’s a nail in the coffin of free software. But what about the argument that code is speech, and hence “free speech”?

Investor Guide: pretty good on news.

Investors are smart. Disney kills Go.com. Stock rises. Sega kills Dreamcast. Stock rises. Lesson: kill it if it won’t work.

Wouldn’t mind investing in Israeli tech stocks. But we’ll have to wait for FEMA to replace FERA.

The MouseDriver Insider: life at a startup.

Recession. Daimler Chrysler slashes 26,000 jobs. Disney cuts 400. Amazon may have cut 20%. It isn’t nice (1 2). But dot-coms might still do well, since software, labour and real-estate costs will start falling?

Self-organising websites. If I had the time, I’d make mine one, like Slashdot or Plastic. Any takers at IIM-B?

zeroTV: good TV-like entertainment for free. World Bank’s B-SPAN has World Bank seminars online. Yeah, the computer is becoming the TV.

Nasdaq will open in Bangalore.

An extraordinary animated spoof of Mohabbatein.

Brain map.

Recession? GM shuts 14 plants. Boeing: 1 plant. AMC: 548 theatres. WorldCom lays of 10-15%. HP: 2%. Delphi & Visteon: 10,300. Lucent: 10,000. Sara Lee: 7,000. JC Penney: 5,000. AOL: 2,000.

Websense proposes. Anonymizer disposes. Websense monitors employee Internet usage. Anonymizer scrambles it.

Consultants’ role this year will be to convert old economy companies into new economy ones. Old economy strategy consultants will gain.

People ignore banners. So we have interstitials instead.

INDIA - A Country Study from the Library of Congress. A comprehensive overview of India.

Even states have performance based pay. The less their fiscal deficit, the more their plan allocation. Good.