Categories
Fun

Check out Heelys from eBay

Reading Time: 2 minutes

Did more “Heelys” search on eBay since now I am Heelys stock holder. (12Dec06) There are 1628 results using keyword “Heelys”. They include the shoes, safety gears (helmet, wrist, elbow, knee pads), and accessories (caps, T-shirt). There are both new and old items (for the shoes). It seems used ones are also sold well if they are in good condition.

Here is my concern, the knockoff or copycats. I found out they ususally have “heelys style” in their title. But some authetic Heelys also have those words. So I did search on this “heelys style -authentic”, which means exclude “authetic” in the titles. I noticed some sellers put “authetic” in the title to make sure buyers know those are real ones. While this is not 100% accurate, this gives 178 results. In other words, about 10% of Heelys items on eBay are knockoff or faked ones. I looked at some of the knockoff shoes. There are not too much discount if you consider the shipping cost. Say, an authetic Heelys costs $60, a knockoff on eBay sells for $30 plus $15 for shipping, the total would be $45. Besides the small price difference,  there are other reasons why there won’t be a big market for knockoffs.

1) Parents want the peace of mind from the authetic Heelys because in some way they kids well beings depend on the quality of shoes. What if the wheels fall off during skating?

2) Kids also have their self-esteem. Won’t a knockoff Heelys embarass the kid when he/she compare it with friends’ real ones in school? It’s probally better off not wearing the fake ones at all.

From investor point of view, I think a little bit knockoff activities are probablly a good thing. It means the product is popular and it’s generating a lot of buzz in the consumers. Now the key question is will Heelys’ buzz last for long. Or in other words, will it stay or will it just be a fad? That’s a million dollar question.

Last but not least, here is a positive report from hitwise, yes, finally something positive. 

Categories
Fun

Heelys and Web 2.0

Reading Time: < 1 minute

I did a little “Heelys” search on couple web 2.0 sites. First the flickr, it has 70 pictures; interestly, I searched “Crocs shoes” and it has about 670 photos. I noticed Crocs are everywhere in the stores and malls these days.

(Update 09Feb07) Flickr has 119 pictures as of today.

MySpace, the popular teen blogging site, has a team heelys page. I think this is sponsored by the market dept of the company. The user can join the demo team if he/she is real good. The page has 873 “friends”. This is my first visit to MySpace by the way.

(Update Jan23, 2007) Team Heelys Friend has 1021 friends.

(Update Feb27, 2007) 1104 friends.

YouTube, which generated lots of noise couple months ago when being bought out by Google, has this cool video to demonstrate what you can do with Heelys.

I also saw some knockoff products on eBay. Here is one. Note it titled “heelys style”. It seems to me easier to copy Heelys than Crocs because Crocs uses a special material, while people can copy Heelys mechanism just by analyzing it.

More about knockoff, I read an interesting comment at Zappos, a parent said”my kid worn off the heelys very quickly when learning to heel, should have bought a knockoff one for practice before buying the real stuff”. The real one is at least $59.99. I had to admit I have not bought sports shoes at/above that price…

Categories
Fun

The Controversy of Heelys

Reading Time: < 1 minute

According to Wikipedia, here are some of the controversy of Heelys:

As of September 2005, some (US) schools can have Heelys. These shoes are usually allowed but the removable wheels cannot be in place. With the wheels removed, the shoes function just like any other pair of shoes.

Some businesses; especially malls, discount retailers, warehouse stores, and grocery stores; find the shoes to be a problem and a hazard. Some children with the shoes use them in the crowded stores, thus creating a hazard to shoppers, a potential risks for falling and injury, and a problem for insurance in the store, even if they aren’t at fault.

There are also alleged health issues. A few doctors – mostly back, leg, and foot specialists –are concerned about how long-term use of Heelys may affect the developing spine and muscles of children and teens. According to these doctors, the stance that children use to ride the wheels in the back of the shoes makes the spine flex against its natural curve in the lower back. It may also cause pain on the side of the ankle going forward.

In 2006, Heelys were the #1 on the list of “most dangerous toys of 2006”. This is mainly because so many injuries are due to Heelys. However, it has been observed that 97.29% of Heely-induced injuries are caused by people doing one of two things: either attempting a trick they are incapable of, or attempting greater tasks when they are learning to use them. Once you have learned how to use Heelys, and you don’t attempt out-of-reach stunts, you are actually quite safe.

Categories
Business Fun

Heelys and Under Armour

Reading Time: < 1 minute

I went to the West County Mall to check out Heelys: at the Nordstorm and Dick’s Sporting goods; I happened to see a grandma is buying a pair of Heelys for her grandson. Note Nordstorm is considered as high end department store. Dick’s Sportings also carries Heelys but I did not see anyone trying them.

For the second time, I saw a big display of Under Armour products at Dick’s (last time was couple weeks ago at Sports Authority): from its traditional sports underwear to outwear, accessories, caps…you name it; and what amazes me is they don’t have any discount. I did not visit Sports goods stores very often but I know even premier brands like Nike discount their products from time to time. I think Under Armour (UARM) will have a good holiday season: it seems to me they are eating market share away from Nike and other brands.

Under Armour Underwear

I also stopped by the Apple store, not surprisingly, that place is always full of people. I think this time iPod Nano is going to do well.  

Categories
Business Fun

Google Checkout take on eBay’s Paypal

Reading Time: < 1 minute

Google is aggressively promoting its online payment service Google Checkout lately. It’s offering $20 off $50 purchase at online store buy com. The aim is very obvious, eBay’s Paypal. To counter Google’s attack, Paypal is offering free shipping with a number of partners including Dell. Who will be the winner of this war? I don’t know. But one thing I know for sure is Google has a deeper pocket (10 Billion in cash); they could do this promotion without hurting itself. If a customer needs to buy some electronics, buy com is a good place to checkout 🙂

Categories
Fun Stocks

Heelys is going IPO

Reading Time: < 1 minute

Heelys is the shoe can be used both for walk and skate, using the retractable wheel under the heel. It is most widely worn by kids and teenagers aged from 6 to 14, and from what I see from Zappos (the online shoe store), kids and parents are crazy about this.

Now the company is filing for IPO, here is the SEC S1 filing. I expect this to be a hot one because of recent success of footwear maker Crocs (CROX) and atheletic apparel maker UnderArmor (UARM). They both gained 100% after their recent IPO. This is partly due to the fashion craving and generous spending of American consumers: from iPod to Crocs, it’s not just the functionality, the fashion is more (if not less) important. 

While the proposed IPO stock to be priced between $16 and $18, I think it could open at $22 to $25. The proposed ticker symbol is HLYS on Nasdaq, it is set to debut on Friday Dec 8. If I make some profit on this one, maybe I can buy myself a pair of Heelys? I like skating (roller blading). Be aware skating is a dangerous sports, so wear your protective gears especially the helmet.      

Heelys shoes

Categories
Fun Saint Louis

Some pictures from Wash U. Diwali

Reading Time: < 1 minute

Diwali is the most important festival in India. I went to the Indian students Diwali party here at Washington Univ, Olin school of business. This is the second time I went to the Diwali: the first one was 7 years ago (1999) when I was in graduate school at Rolla. I like the enthusiasm Indian students showing their cultures to people from other background. Although I still can not take their curry. By the way, the dean of Wash. U. b-school is originally from India.

IMG_4336 IMG_4335
IMG_4334 IMG_4332
Categories
Fun

Don’t get stuck

Reading Time: < 1 minute

Saw this article from my friend Liu Shuhui’s blog. I think it’s kind of interesting because I thought my green card situation is very much like that. Not to mention the stocks, let’s don’t go there today 🙂

======================

譬如公车平常是十五分钟一班,当你花在等待的时间超过十分钟后,你会开始烦躁不安,但通常你会继续等下去,等到超过十五分钟公车还不来时,你除了咒骂外,也开始感到‘后悔’——你应该在十五分钟前就走路或坐计程车去的。

  但通常你还会继续等下去,因为你已‘投资了那么多的时间’,不甘心现在改坐计程车,结果就越陷越深,无法自拔,直到公车姗姗来迟,你心理的困境才获得解脱。
  但人生有很多‘目标’,并不像公车那样‘必定会来临’,而且投资的也不是你‘个人的时间’而已。如何避免蹈入陷阱在人生道上,如何避兔蹈入这类‘陷阱’,也是一门不小的学问,心理学家鲁宾(J.E.Rubin)的建议是:
  1.确立你投入的极限及预先的约定:譬如投资多少钱或多少时间?
  
  2.极限一经确立,就要坚持到底:譬如邀约异性,自我约定‘一次拒绝就放弃’,不可改为‘五次里面有三次拒绝才放弃。’
   3.自己打定主意,不必看别人:事实证明,两个陌生人在一起等公车,‘脱身’的机会就大为减少,因为‘别人也在等!’
  4.提醒自己继续投入的代价。
==================
Categories
Fun Software development

Write Software not Novel

Reading Time: 2 minutes

When I was taking my first C++ class at graduate school, the professor has a favorite word “you guys should write a program that works, because if it does not work, you are writing a novel not a program”. Although I did wrote “novels” in one of his program assignments, I remembered his words since then, certainly this include my professional life. Writing software that works is not easy, but it’s a goal every developer should strive for.

Assume we are just writing a very simple C++ program (remember the “hello world”), bacially there are two kinds of obstacles or errors we will face. The first is the compile error. Today I fought all day for this kind of error. Most of times compile errors are easy to solve, because the compiler will give you some hints: such as forgetting the semicolumn; variable name does not match (typos); other simple things etc. But sometimes things can get really tricky. I remember one day my coworker came over for help. I went to his cube and we tried to figure out why things do not compile. I looked at the error message from compiler, which is pretty much useless.  So we had to guess and tried different approaches without success. About one hour later, I suddenly found out there is an extra “^H” at the beginning of a header file. Binggo. That solved the problem.

This afternoon I had similar problem, I had to compile some code written by my coworker, which has not been compiled before. This is kind of thing we programmers don’t like to do: deal with other people’s devil. I was puzzled by the compile error for about 3 hours: it was  complaining the std::vector not defined properly. Finally I found out my coworker put some header file inside the class (and another namespace), which is a bit unusal and it caused the conflict of vector. I will talk about the other type of error later on. Hint: compile error is relatively straightforward compared to the other error 🙁

Categories
Fun

More about RedHat

Reading Time: < 1 minute

Thought this is funny. The RedHat webmaster must be busy. After Oracle announced the RedHat linux support, now Microsoft joined the party – it announced the partnership with RedHat’s rival, Novell’s SUSE linux. So this is what I saw from RedHat’s web page:

“First they ignore you. Then they laugh at you. Then they fight you. Then you win.”

 — Mohandas Gandhi

For those not from IT industry, “they” refers to Microsoft. Microsoft did all these “ignore” and “laugh” thing. Now “they” are at “fight” stage.