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Ebook pricing vs. revenue, by Dave Slusher
January 13, 2011 | 8:50 am
By Paul Biba
Ebook Pricing vs Revenue
Posted on January 12, 2011
Filed Under books | Leave a Comment
It's amazing how often I see some variant of the phrase "We can't afford to price our ebooks lower because we have costs to recoup." 10 minutes ago I saw that in the current Locus magazine interview with John Picacio. He in general seems like someone who gets it, both here and in the Sidebar podcast interview with him that coincidentally I listened to last week. This is not to single him out, he is maybe the 10,000th person I've seen say this, only the most recent before I type this up. In his interview he says:
If pricepoints for e-books are forced down, do publishers simply slash budgets to achieve their margins? Does that inevitably mean a dramatic slash in quality of experience for the reading audience in terms of things like cover art, copyediting, and other services that readers take for granted?
This reflects a point of view so common in the publishing world that is received wisdom. No one questions whether or not lowering the prices of ebooks will make them more money in the end. They all know it makes less money.
I'm attaching to this post some graphs I generated. I did this early in 2010, based on then recent data that J. A. Konrath had posted to his blog. He's a decent test bed for these numbers, as he had a number of ebooks out, some self-published and some published by a major publisher. These were priced all over the board. At the time, he was pricing his self-published books at $1.99, and the major publisher books were as high as the $8 vicinity. The commonality here is that none of them were getting much of a promotional push. There was no book tour, no advertising campaign so these numbers should be a realistic look at how price affects unit sales. It must be noted that I dropped two data points. He had two self-published books at $1.99 that sold so anamolously well that they blew out the chart. I dropped data to make the curve fit but the data I dropped would have biased this even farther to the low end of the curve. At the time, even Joe had no real explanation for why those books sold so well. He has since raised his price to $2.99 which is the same conclusion my data would lead you to. He's a savvy cat, I'm guessing that sometime between then and now he also ran these numbers and raised his prices accordingly. (Update: yes, he did raise prices based on his observation of data.)
Let me disclaim my analysis by saying I am not an MBA or a business guy. I am however a scientist, once a chemist and now a computer scientist. I know a little bit about numbers. If you think I have a flaw in my analysis, please tell me where you think I'm wrong in comments. Civilly. Don't bother flaming for I have a hard heart and admin rights.
Every single time I've heard anyone defend higher ebook prices, they cite the fact that "just because the publication is electronic, that doesn't eliminate costs." This fact is what I like to call "true but useless." Yes there are costs associated, but all costs in ebooks are fixed. The publisher does whatever they need to do editorially, formatting wise, etc. When that is done, they push a file to Amazon/B&N/Smashwords et al and that is that. Whether there is 1 sale or 1,000,000 unit sales, the costs are identical. I'm treating promotion as a fixed cost although I can be argued on that. Regardless, the costs of promotion do not rise as a function of sales. They may drive sales, but if you sell 10x what you estimate, your promotion costs don't expand ten-fold.
Since all costs that go into creating the publication ready file are fixed and there are no variable costs associated with providing copies to the market (from the publisher – Amazon et al are paying them) by my understanding the only factor that should be important is total revenue. If you lower the price of the book, you run the risk of pricing lower than a purchaser might have been willing to pay. That is an opportunity cost but not a hard cost. It's not like in the paper world when publishers sell the remaindered book at less than the hard costs associated with the manufacture and shipping costs of those copies. That's not possible in the digital world. Instead what is important is pricing the books so that the total revenue is maximized.
I took the Konrath data and did a logarithmic regression. You'll see that the R^2 = 0.96, which is a pretty darned good fit. Then I used that equation to plot out the line that predicts the sales at any price point interpolated or extrapolated across the range and a little higher. I then made a second graph of the price multiplied by the unit sales (aka gross revenue) against the price. What you'll see from the graph is that just a little over $3 per copy is where revenue maximizes. When you get under that, the per unit sales rise exponentially, but the price is low enough that the revenue drops. Around $3 is the sweet spot, again which I stress is for the data set that I have.
Now, I acknowledge the limits of the data I used for this analysis. Even better would be if I could get all of Konrath's data for his history but a publisher or e-retailer could do much much better. Let's suppose the standard price for a given Kindle book is $9.99. Have Amazon show 55% of the users that look at that page the $9.99 price. Randomly assigned, 5% of users each would see a price from $0.99 to $8.99 in $1 increments. Analyze that data for the conversion rate to sales at each price and you could generate much better statistics than I have because all of those numbers will be for the same book at the same time. This is ultimately my larger point – in digital sales, this kind of experiment is possible. If the major publishers haven't done this and don't understand what this curve looks like for their books then they really have no excuse for stating definitively why they can't lower prices.
The assumption under all those statements is that the demand for these books is inelastic. If you price it at $14.99 you'll get about the same sales figures at $9.99 or $6.99 or $2.99 so pricing it high maximizes revenue. For certain well known marquee writers this might be true but my suspicion is that the market is far more elastic than any publisher would like to think. I think that's the root of this mindset. Publishers and authors ultimately have a worldview that is the opposite of this analysis. They don't want to believe that they have a commodity product that is price sensitive. No one sits down to spend a few months or years writing a novel thinking "wow, if this book is priced too high the Kindle readers will just move on to another book priced more reasonably with which they'll be just as happy." I feel for them as a person who has tried to write fiction and will do it again. That's a hard fact to face but I think accepting it would make everyone more money.
Let me state this one more time: I don't think lowering ebook prices costs anyone money unless and until they drop under that magic point. I think authors and publishers would make more money if they'd understand these principles, experiment to determine the revenue maximizing points and then price accordingly.
Here's a real world example from my life on how this principle worked for me and how I hypothesize it works for more of my fellow Kindle and Nook readers. I am interested in Greg Graffin's book Anarchy Evolution. I heard the interview on Skepticality and went to buy it for my Kindle. At the time I looked, it was priced at $14.99. I came, looked at that and said "Well, screw this. That's more than the book is worth to me. Pass." I closed the tab in my browser and never thought about it again until today. When I needed a book I had previously passed on for high price for this anecdote, I thought of this one. Until assembling this post, I hadn't even realized the price has been lowered to $9.99 for the Kindle version. HarperCollins had my attention months ago, got me to the page to purchase it but an excessively high price kept me from buying it. Iif the average book is priced above my impulse buy threshold, the purchase ain't happening. If it were not for writing this post right now, I wouldn't have ever thought about the book again so the one and only chance to flip me to a paying customer would have passed without conversion.
Publishers seem to fail to understand the low friction digital marketplace for ebooks. This is an impulse-buy driven mode. I am a reader of books and a lover of books but my wife has threatened physical violence if I bring in any more paper books without getting rid of some of the thousands that fill every available bookshelf in a house too big for two people. You will not sell me paper books except for those very few novels by special writers I must have in paper. On the Kindle, though, it's fair game. The sad truth is that for my whole life, in any given time period I have always purchased more books than I read. Even though my physical capacity is exhausted, I still want to buy them. Even though I have every single Anthony Trollope novel you can get from Project Gutenberg on my Kindle, I still want more books. I'm a hoarder. Publishers have a chance to get my money even though I have more paper books and ebooks than I can reasonably expect to read in this lifetime. They have one and only one way to blow this, when I come to look at the page and there is a price above my impulse buy threshold for that item.
Publishers and authors continue to try to make this a moral argument. "What, you cheap bastard ebook readers don't think we should get paid for our work?" I think if they suppress the ego driven umbrage reaction and instead get down to the realities of the market they are in, everyone can make more money and be more happy. The artistic goodness of the work isn't tied to the price point, so don't be offended if you make more money at $2.99 than $9.99. Instead, shut up and cash the check, friend.
I listened back to the first few minutes of a panel I moderated at Balticon 2010, and in my introduction I used the phrase "I'm done begging people to get in the lifeboats. If they don't want in, that's on them." I'm not beating my head trying to evangelize to publishers why they should price appropriately. Some are and some aren't; some will and some won't. I have enough faith in the marketplace that in the long term it will all shake out. The question is, how much money are you leaving on the table while you get your shit together?
There are people who understand the dynamic of this marketplace, J.A. Konrath being one of many. He periodically posts about some of the other self-published authors who are following the same path, pricing reasonably and moving thousands of units per month. (Side note: the Nathan Lowell mentioned in that Konrath post was also on that Baltcon panel with me. He's a talented, hard working guy.) That translates to thousands of dollars per month in the pockets of these writers, since they are keeping the full 70% of the retail price by self-publishing. These people are out there, they are filling niches in the marketplace. Established writers, you could be doing this. Existing publishers, you can be pricing to fulfill this demand and bringing in more money. There will be a day in the future where I will be one of those self-published authors. Will my book be as good and successful as Joe's and Nate's novels? I hope so. I'm willing to fill that niche at that end of the pricing scale. Are you?
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E-book publishers must falsely assume that the total amount of books read is fixed. I don't believe that to be the case. I would read more if I could get quality material at a lower price. Your second chart above confirms what I have thought: $3:50-$4:50 is the best price point to maximize income.
As a general rule, I avoid self-published books even from the likes of Konrath. I've read one of his Killborn novels and it was highly mediocre – like a fast food lunch. OK at $1.99 or $2.99, but not good enough at anything higher. Sometimes I'll eat fast food or read its equivalent, but more often than not I'd prefer something with more substance and will pay a little extra. However, price still does play a role.
I wanted the non-fiction book Insectopedia, but the cost of $12.99 put me off. Now at my DINK income level I'd never even miss the $3.00, yet it still stopped me cold. If the price isn't fair, I'm not buying even if I can afford it. I bought the book when the price dropped below $9.99 in December. There are a handful of titles I've paid more for, but it always feels like I'm being snookered. There are probably a dozen titles I'd have bought on impulse if the price were right. As is, I think it over four or five times before paying more than $9.99.
A fascinating and extremely well constructed article that supports my own long held estimate of the magic price point.
David wrote:
"What, you cheap bastard ebook readers don't think we should get paid for our work?" I think if they suppress the ego driven umbrage reaction and instead get down to the realities of the market they are in, everyone can make more money and be more happy. The artistic goodness of the work isn't tied to the price point, so don't be offended if you make more money at $2.99 than $9.99. Instead, shut up and cash the check, friend."
David THIS is at the heart of the lot of the pricing problem I am certain. Too many authors and too many agents and publishers are still hung up on their emotional connection to how they value their title. I fear that it will take a few more years of bitter experience for them to climb down off their perch.
Greg wrote:
"As a general rule, I avoid self-published books"
I agree with you Greg. However … the publishing world is changing. What are we to do in the future when quite a healthy chunk of titles will be self published individually or through self publishing sites ?
It seems to me that the distinction between being published through the mainstream publishing industry and being self published will need to be re assessed. What will self published really mean ? Will it be completely unfiltered and just any old tat uploaded onto a seemingly legit web site ? Will there be any editing ? review system ? rating system ?
What an interesting article! It's great to have concrete numbers to back up what I've been doing as a Kindle owner.
To me, an ebook doesn't provide the same value to me as a physical book and should be priced accordingly. You can't sell it, borrow it (freely anyway), or give it away. Devices of the future may not be able to read the file.
I also resent publishers trying to take advantage of my by pricing new ebooks at similar prices to the physical books and backlist ebooks at the same price as new paperbacks. Why in the world would I pay $7.99 for a book 10 years old that I already have moldering in my bookcase? Especially when I can get 3-4 indie books for that price.
I would think as an author your goal would be to reach as many readers as possible. To do that with ebooks, you have to price accordingly. I have seen many indie authors be successful with giveaways, blog tours, and $.99 and free books.
I love supporting indie authors and they have rewarded me with hours of good reading. Some books have issues, some are much more polished, but I've enjoyed every one of them. I have read many first books that were free or almost free, then immediately purchased the author's other books, if available. I have at least 4 indie authors where I'm eagerly awaiting their next new book and will purchase them the day they're published. I have also recommended them to everyone I know and many times in the Kindle forums.
I think the ebook price point of $2.99 is a win-win for both authors and readers. Authors make as much or more than under a traditional publishing model and readers get more books to read for less money.
Thanks for the interesting input. Despite the words in the reprinted article, I don't "have admin rights" here so I'm pleased to see it civil.
I added the below as an addenda to my orginal post, and I'm bringing it back here to:
It's a failure of clarity in my original article, but I'm not advocated for $2.99 as the perfect One True Price for all ebooks forever. That was true for this data set, which is already a year old. This might well change over time, differ from author to author, genre to genre or publisher to publisher. What I do want injected into the thinking is that these numbers are calculable and measurable. No one needs to say – as did Lou Anders later in the Locus Magazine I reference above – "We can't lower prices because we still have costs." How do you know you don't gross more money if you lower prices?
The other big point is that unless your price is so low as to be left of the curve, you lower your total revenue by raising prices. J.A. Konrath was to the left of that curve at $1.99. I highly doubt HarperCollins is left of that curve with any $11.99 books.
Greg, If I might be narcissistic enough to quote myself from another ebook post I made yesterday:
"All ebook self-publication discussions eventually include the phrase "If it isn't from a major publisher, how do I know it is any good?" It's like the ebook version of Godwin's Law. The people who say this are adorable, and have clearly read fewer shitty books from the Big Six publishers than I have. How do you know self-published books are any good? The same way you know those Anne Rice, Piers Anthony, Dan Brown and V.C. Andrews (TM) books on the best-seller lists are good."
Dave I do believe and agree that this is changing, fast. But is it not a fairly reasonable view, historically, that self published books were on balance … rubbish ? on balance …
"Publishers seem to fail to understand the low friction digital marketplace for ebooks."
This. This exactly. This is the major contribution the Kindle made to the ebook marketplace, with its wireless connection: a very low friction buying experience. I hear about a book, I can immediately buy the book, if the price is low enough to be an impulse buy.
Dave asked "If it isn't from a major publisher, how do I know it is any good?"
You don't, not really. The most lackluster and insipid novel I've read in the last few years came from a major publisher and as, overall, been wildly successful. (The Hunger Games, FYI) So there is stuff I don't like from reputable publishers. But out of the six or seven self-published original titles I've read, all have been lacking and only of marginal quality at best. None would ever make me want to read more by the author. There might be good quality out there, but I haven't found any yet. The track record, for me, is unimpressive. So if comes down to picking an unknown author from a major publisher at $9.99 or an unknown self-published at $2.99, I'll go with the book from a publisher most of the time because the odds favor it.
This is an excellent analysis, but I think the cheaper-is-always-better viewpoint simply isn't supported.
Certainly, there is a revenue maximizing price for each e-book. And that is the price that should be charged. In this case, the data actually showed J.A. Konrath that he should RAISE his prices from where he originally set them to maximize revenue.
The fact that Konrath's ideal price point is $3 is meaningless for other books and authors. Like the article admits, for marquee writers this might not be the case.
And it isn't. A couple months ago, Mike Shatzkin posted an article about a large publisher that performed a similar (although less technical) sort of analysis.
Only in that case, the publisher found $12.99 to be revenue-maximizing. And everyone hated it! Apparently demand-curve analysis is only a good idea if it supports the idea that books should be cheaper.
As a consumer, you should buy books at whatever price you feel comfortable with. But don't assume that what you want to pay is what the book should cost.
The people who say this are adorable, and have clearly read fewer shitty books from the Big Six publishers than I have.
If this place had a "Comment of the Month" award, this would have my vote.
(This format is rubbish for longer discussions, but I'll join in anyway.)
I agree with Greg, I'd rather pay more for a good book than buy something I'll like less at a lower cost. It was on this site that someone (I'm not sure who, but I don't have a problem giving credit to Marilynn Byerly) pointed at that the true cost of a book is the time spent reading it. What's $15 in comparison to the fifteen hours I'll spend reading it?
I also recognize that there is entirely different spectrum of readers that read for reading's sake that drive hundreds of sales a year and can be very cost sensitive.
However, I also fit into another group that will "toss a few bucks" toward an author that I want to support even if I suspect I'll never get around to reading their work (something akin to an impulse buy). No time cost and low monetary costs can yield to increased sales, as well.
Also, as others have pointed out, the publisher, or existence thereof, is generally meaningless in a purchase. Reviews and recommendations go much further, and I am simply waiting for the day when someone has the data and algorithms to shift reviews for books based on personal preferences. (Netflix does this for movies today, and I find that it is getting uncannily good.)
Here's another example of a major publisher losing a sale. I recently wanted to re-read Watership Down, a book I read years ago and remember enjoying. But, Simon and Shuster, in their infinite wisdom (greed?) have determined that the "fair" price for the Kindle edition of Watership Down is $12.99. Whoops, guess I won't be re-reading it any time soon, because there's no way I'm paying that much for a decades-old book that I have already read. Especially when I know, from personal experience, how easy it is to digitize printed copy.
Its insulting, really, that the publishers think so little of the reading public's intelligence that they feel free to try to get away with such price gouging.
Robin Sullivan recently wrote an interesting guest post on Konrath's blog, and she found that $4.99 was the optimal price for her husband's ebooks. The main point is that there was an optimal price, and it isn't necessarily the lowest even for relatively unknown authors providing they have a backlist.
More interesting input. I'm going answer in two different comments, separating out the two threads here, "quality of self-published work" and "optimal price points."
The book world has this pocket of contempt for self-publication. There may be some historical precedent for that belief but the underpinnings of it are eroding quickly. When you look at the page for a Kindle book and see a publisher you've never heard of can you tell the difference between it being a Harper Collins imprint vs a name used for self-publication?
If it isn't working for you, it isn't working. I think social recommendation either by persons who know your taste or collaboratively filtered ala Goodreads is the way to go and probably a better predictor of your taste than the publication source. I have tastes that skew away from mainstream, your mileage may vary.
A few other points:
1) I personally think there is no "good" or "bad" in matters of taste. I found THE DA VINCI CODE unreadable and THE BIG BANG THEORY unwatchable. Clearly the tastes of the majority disagree. Are these works good or bad? Whether a book is to my taste and whether it is self-published are orthogonal.
2) A few years ago I did an interview with Cory Doctorow where he suggested that our generation (Gen X, now late 30s or early 40s) might be the last with a stigma attached to self-publication. I come from multiple interest groups with a low stigma: zine culture, DIY punk, comic book and science fiction fandom, The Church of the Subgenius, podcasting. In all these groups, putting out your own work is considered to be a good thing.
3) The webcomics world as a medium plays out this whole argument every day. I'd suggest the Webcomics Weekly podcast as a good one. All the episodes in November and December tackle this topic over and over.
4) All 300 issues of Dave Sim's CEREBUS and the whole run of Jeff Smith's BONE were self-published. Does that make these comics worth less? They are what they are and I regard both quite highly. If a band scrapes together money to record and print their own CD do you automatically discount it as worthless? I don't, and I have bought as much music like that as big label music in the last decade. Kelly Link and Gavin Grant own Small Beer Press so all her books published there are de facto self-published. Does this make them bad or are they considered some of the better in the genre?
The big point about the revenue maximizing point is that it is the price of least conflict between buyer and seller. The publisher wants it high, the Kindle reader wants it low and this is where most people are willing to compromise. However unless you are willing to explore the range both above and below, you don't really know what that is. There is no capital tied up in the copies of an ebook, so it really costs nothing to explore both sides of the pricing space.
Maybe the big publishers' dogged persistence at only looking at the high side is a good thing. It does create opportunity for those willing to explore the whole range. It used to make me want to change their minds, now it makes me want to go in business in competition with them.
I'm not surprised that a best-seller type book is less elastic and price sensitive. I don't believe "books should always be cheaper", I believe "maximal is always maximal." I don't believe "what I'm willing to pay is what it should cost", I believe "what it is worth to me is what I'm willing to pay." It's interesting that the 3 data points involved here started at the original $9.99 and only went up. No data cited for anything lower than that so that end of the curve is unexplored.
Like the experiment I cited in the post, I think it makes sense to show a percentage of users prices higher and lower that the standard, measure conversion rates and slide the price to optimal. The problem about comparing one book over time is that the "sales didn't drop when we raised prices" doesn't include the ability to see if sales would have risen if the price held steady. The market of Kindle users is climbing all the time so that isn't as meaningful as it could be.
Interesting. Realistically, the difference of a few bucks doesn't make a difference in my life but it can prevent me from purchasing a book. I cited an example in the post. I think it has less to do with the difference in purchase price and more to feeling like you are being taken. Also, as the price for a Kindle edition approaches that of the paper version I'm always less likely to purchase.
The basic thrust of my whole piece is that failing to convert the customer at point of interest is a loss of revenue that could have been realized. Ebooks are a post-scarcity world, the long tail run amok. Failing to make the sale when a potential customer is interested by exceeding their impulse threshold loses money. Training customers to just buy when they are interested by pricing below the majority's impulse threshold brings more money in as a whole.
I'm with you. I have that experience quite frequently and that's an example of the loss of goodwill at the flip side of all this. I don't generally trust the big publishers to be looking out for me on this because my personal shopping experience is the same as yours.
That too is quite interesting. I'm a scientist so I love as much data as can be obtained. I'd love to know how much this varies from author to author, over time, etc. It is possible there is a floor that makes buyers suspicious and below which there is no further boost to sales or that this is a function of the aggregate by having multiple books in the series. Good on them for having collected the data to make the best decision for them. That's some serious money they are talking about!
Logan wrote:
"(This format is rubbish for longer discussions, but I'll join in anyway.)"
I agree Logan – we need Forums. I expected Teleread to move to a Forum format before Christmas but the whole development of the site seems to have gone into hibernation, unfortunately.
David – it is really nice to have you take part in this discussion below the line.
I have rarely had any involvement with the Publishing business except on a business and financial level, coming from a financial management career. My perceptions of self publishing has always been received 'wisdom' from society around me towards those who's books were not good enough to get a publisher and who had to print their own copies in runs of a few hundred and hawk them around to book shops….. that is how my social circle has always thought of self publishing.
With the option now for authors to skip publishers and just upload a finished book to an online eBook retailer things have clearly changed, an when many legit writers are doing it the whole perception changes.
I still believe that a great many ordinary readers will always wonder about titles that look great but are self published. They will always be asking themselves are these now the titles that have, over the last 20 years, been rejected by 20 publishers and now popup on self publishing eBook sites ?
I feel that the only way for the industry to respond to this is with pricing. A reader always takes a gamble, a risk, when buying a new book by a new author. They have no real idea if they will like it. Risking 14 dollars is one thing, risking 2.99 makes it bearable.
On the pricing issue it is clear that all of the points you make, David, are absolutely spot on.
Price is also tied up with 'perceived value' on the part of the buyer. This is why writers with track records will always be valued by readers as worth more than other writers; why best sellers will always be valued higher for a certain period after publication.
People have strange instincts. They want things cheaper but they respect high prices. When they shop for goods that they perceive as quality products they often respond to higher prices because they 'perceive' that the seller is reflecting quality by charging more. So this factor, imho, also needs to be fed into the metric that this article lays out so well.
This is why I myself believe that the 1.99 pricing level is a mistake. From my experience in commercial business I believe this price point is below the Public's 'perceived value' point for a quality experience like reading a good book. This price point will label the product as being so cheap that the customer will perceive it as lowest quality. The only exception in my view is using it for special offers and introductory offers for First Titles by a writer.
I view 5 or so as the sweet spot.
8 or 9 dollars for leading writers.
9.99 for best sellers.
3 dollars for back lists of middle order writers
1.99 for new writers first books and specials.
The problem with the current pricing strategy by the big eRetailers of keeping so many prices so high is that it is comfortable for them coming from the old publishing model. They are also making super profits anyway because of the tiny costs they incur and money is pouring in for old rope. There is no pressure. They are also stuck with the 'value of a book' problem discussed above.
I believe only the success of the new eRetailers and the new Indie sites, with a new pricing philosophy, will eventually force them to recognise that their prices are causing their sales to under perform against what their potential really is.
We must also always remember we are still at the beginning of this huge transition to electronic reading. I believe it is a mistake to extrapolate every metric from the current kindle/nook buying public into the future. We are still firmly in the early adopter phase despite recent sales volumes.
When the non technical minded masses of regular readers start to engage with eReaders, once all of the software limitations and eReader pricing issues have been overcome, I believe they will be less adventurous and the biggest BIGGEST barrier will be the discovery by readers of new titles to read. As covered in the many recent articles and discussions including last week's one on finding a new "Hello'.
Oh dang, I forgot my favorite self-publication bit: John Cassavetes effectively "self-published" HUSBANDS, FACES, A WOMAN UNDER THE INFLUENCE, etc. Are these considered crap films?
I think we've crossed the line where publishers mean anything to consumers. I blogged today about the continuing saga of Kindle books I almost bought. The publisher was Pantheon Books, which I didn't recognize off the top of my head. It wasn't until I looked it up I found it was a venerable and important publisher. It had ZERO brand recognition to me and thus no contribution to perceived value. For most of these books we are talking about, whether or not it is self-published when I'm looking at the product page I CAN'T TELL. Hard to have a stigma for a group you can't readily identify.
re: your pricing thread I think you might be on to something there. It seems likely that different types of books in the marketplace might have different revenue maximizing prices. Frankly I think there is no reason to even group them, experiment with every single book and price it where it maximizes and slide it up and down as it needs it. If the curve rises to the right, raise the price. If it goes through the roof to the left, lower the price. Do it daily or hourly, or whatever. Just make the precious writers more money and I'm happy.
This does imply functionality that would be easy for Amazon/B&N to put in and impossible for the publishers. This is one of the reasons that I think agency pricing for ebooks is bad – the publishers don't actually understand customers and what makes them tick. They spent the 20th century isolated from them via multiple business layers but now think they have a handle on the market. I think they are wrong and are losing revenue while they figure it out.
I suspect the functionality is there. However I have two issues with it.
Firstly is the amount of bureaucracy behind the scenes required for constantly adjusting and remeasuring and monitoring an readjusting each title over and over. I don't see it paying it's way.
Secondly I wonder if customers would suffer it. Each title constantly adjusting and shifting ? especially downward ? I think they will cop on pretty quick. The advantage to having classes of titles, mixed with offers is that the customer knows where s/he stands. S/He knows that there is a fair rationale behind the pricing and mixed with fair pricing overall I believe this strategy is the way to go to maximise sales.
The customer experience is the more compelling argument, but this already happens on Amazon. I wanted the complete box set of DVDs for Farscape and the price fluctuated up and down for a long time before I actually bought it. You might be right it would better to be a slow fluctuation than a fast, otherwise consumers are trained to try to time the market rather than just purchase.
As far as the ability for this to happen, these e-commerce sites are run by computers. I never considered this being an activity a person would do but something that would be built into the site. Set the list price, the high and low boundary for adjustment, a few other parameters and then let it go. Even if the data was taken back to the publisher and they reanalyzed it periodically, it's all software and not that difficult.
This line of thinking always makes me want to into this business – if a whole industry thinks things are too hard to try and they look easy to me, maybe that is a money making opportunity. I think that will be a big differentiation in the next few years – business entities that think this sort of pricing strategy is impossible or too expensive to implement, and those that try it and maximize revenues because of it. Or maybe I'm just dreaming.
I take your points Dave. My response would be that in my view automation of this process (which you correctly say is easily enabled) would have a major weakness. (And please keep in mind that I am not in the Publishing business and only opine based on a few decades of commercial business and financial management. So I may always be exposed as talking BS … LOL … on the other hand if I start making sense maybe I should side step into the eBook business …)
It assumes a constancy of the demand-trend for a title once it is 'published', that could be converted into a mathematical formula as it were.
The truth is, as I perceive it, that each title by each writer goes through a separate and distinct life cycle reflecting the initial fame of the writer, the publicity, the exposure the book gets, the ongoing reputation of the author, local appearances, local promotions, unpredictable media coverage. I believe trying to apply a one fits all formula to all that would inevitably result in a mess and no net gain.
A pricing strategy managed online by a personal 'pricer' with specialised market knowledge would imho be far far more effective in maximising revenue. But I also wonder that what would be gained on the roundabout would be lost on the swings of the overheads involved.
In the end a broader category based pricing strategy would be cheaper, more connected with the customer and more effective in the end. (Other than occasional individual interventions for special deals and celebrity or big name exceptions.)


text:
Water, land, air — our Earth Commons — is the blessing we share. Our Earth Commons is our life support system.Our sacramental life calls us to participate in bringing all things back together in Christ.
1. Earth Commons—Our Shared Blessing
2. Blessing Our Wounded Earth
3. Healing the Healers
4. Healing the Water We Drink
5. Healing the Air We Breathe
6. Healing the Land that Feeds Us
7. Blessing a New Creation
Preview these meditations.
Purchase these meditations on high-definition DVD .
Download a free Discussion Guide for Small Groups.
Download a free Script.
Viewer Comments
"The Healing Earth DVD is simply great! You are so highly professional in the use of photography, along with the sound that accompanies the script." Al Fritsch, SJ, www.earthhealing.info
"The Healing Earth DVD is simply glorious. I feel it will have a powerful effect on all who view it." Janet Powell, photographer
"Thank you so much for the "Healing Earth" DVD. It is so well presented, reflective and personally challenging. Keep up your great work - it is an important ministry." Sr. Joan Reynolds, Mamre Retreat Centre, Australia
"The Healing Earth DVD is very moving! You are contributing such immediacy to changing hearts!" Terri MacKenzie, SHCJ
"Our Franciscan appreciation for creation resonates with the deeper understanding of the interconnectedness of all things. Your videos are just what we need to raise awareness! Thank you for making them available via YouTube." Danielle Julien, MFIC, Rome

subset: commoncrawl


text:
Riot City Blues Tour is the first live DVD from Scottish band Primal Scream. The show was filmed in high-definition at the Hammersmith Apollo in London during the tour in support of their latest album, Riot City Blues. This sold-out gig came hot on the heels of the band receiving the Godlike Geniuses award from British music publication NME.
This DVD serves as a career retrospective, while also showcasing that more than twenty years after forming the band in 1984, Primal Scream showed no signs of quitting any time soon. In addition to a set of 17 songs, including "Loaded" (which had not been performed live in half a decade) and "Kick Out the Jams" (which is exclusive to this DVD), all of the bands 13 music videos are included, as is a recent interview with band vocalist and founder Bobby Gillespie and frequent collaborator and bassist, Mani.


text:
First National Bank provides a variety of commercial loan programs available to meet the individual requirements of your business. Let our team of experienced professionals assist you in evaluating and addressing your credit requirements. We are dedicated to working with our customers to assist them with all of their financial needs.
Farm Loans
Rice and row crop production; farm equipment and farmland purchases.
Ranch Loans
Cow-calf and yearling operations; feedlot financing and ranchland purchases.
Working capital, equipment, and plant acquisition.
New office and plant construction, expansion, and modernization.
Please call one of our Loan Officers in Eagle Lake, East Bernard or Columbus for more information or to set up an appointment.
Commercial Loans
Commercial Real Estate Loans
Consumer Loans


text:
The Swift Current Broncos lost 2-1 in Medicine Hat to open the 2013-14 Western Hockey League playoffs
Swift Current Broncos - Light It Up
The Swift Current Broncos find themselves in an early hole in the playoffs after a 2-1 loss to the host Medicine Hat Tigers Friday. The Broncos now trail the opening round best-of-seven series 1-0 with game two slated for Saturday in Medicine Hat.
Curtis Valk opened the scoring with 5:03 left in the first period for a 1-0 lead that would hold up into the third period. The Tigers' 47-goal man now has 11 goals in 32 playoff games.
Chad Butcher scored the eventual game winning goal 2:55 into the third period to make it 2-0 Tigers. The Kamloops native was playing in only his second career playoff game and had only scored eight goals in 102 WHL games heading into the playoff opener.
Julius Honka scored a powerplay goal midway through the third period but that was the only time the Broncos could beat Marek Langhamer to fall behind in the series. Honka, who was recently named an Eastern Conference Second All-Star Team defenseman, scored in his first WHL playoff game after scoring 16 goals during his rookie season.
Langhamer picked up the win with 25 saves on 26 shots. Eetu Laurikainen made 28 saves in a losing cause for the Broncos.
The Broncos did win the special teams battle, finishing one-for-four on the powerplay while killing off all three Medicine Hat man-advantages.
The series will shift back to Swift Current for games three and four on Tuesday and Wednesday.


text:
Three national TV networks in Taiwan carried the game live, but it was decided nearly two hours after Chen exited the game.
- Orioles pictures: April
- Reynolds must improve defensively to win over fans
- Orioles Insider: Wei-Yin Chen sees good and bad in debut
- Orioles in April
- Orioles Opening Day at Camden Yards
- Orioles player salaries for 2015
See more photos »
- Time-lapse from Orioles home opener
- Baseball
- Baltimore Orioles
- New York Yankees
See more topics »
Just 30 minutes before midnight, Yankees late-inning substitute Raul Ibanez hit a two-out, run-scoring, ground-rule double to right-center field in the 12th off Pedro Strop, who was in his second inning of relief work, that ultimately handed the Orioles a 5-4 loss. It ended a four-hour, 38-minute marathon with their second straight defeat against New York after opening the season 3-0.
After Ibanez's hit, Yankees closer Mariano Rivera shut the door on the top of the Orioles' order, ending the game with a strikeout of Nick Markakis.
Both teams had several opportunities, combining for a frigid 2-for-25 with runners in scoring position, with the Orioles a putrid 0-for-8.
"It's just one of those things. We had some opportunities we didn't quite cash in on offensively, but we did a lot of good things tonight, especially from the pitching department," Orioles manager Buck Showalter said. "Wei-Yin getting us as far as he got us."
The Orioles had their chances earlier, especially in the ninth inning, when they stranded the winning run 90 feet away with the bases loaded after Yankees reliever Cory Wade induced a pop-up off the bat of J.J. Hardy.
Chen overcame a tough start -- he allowed a solo homer to Derek Jeter on his fourth pitch of the game -- and dazzled the defending division champs for five innings, retiring 12 straight New York batters in one span. He struck out six, keeping the Yankees (2-3) off balance with an array of fastballs, sliders and changeups.
"[He] pitched well, especially after the way things started," Showalter said. "Hopefully, it bodes well for him. You can tell one thing: He's got some toughness about him. I thought he got better as the game went on, against, obviously ,a very potent lineup. I thought he presented himself real well. I was real proud of him. A lot of things could have gotten away from him, but he handled himself well. Pretty impressive, a 26-year-old man making his debut in that environment. That was good."
But Chen's night unraveled in a three-run Yankees sixth, with two of those runs coming after a two-out fielding error by third baseman Mark Reynolds, allowing the Yankees to tie the game at 4.
"You know, we never should have been in that situation," Reynolds said. "Chen pitched his tail off out there, and I boot that ball. That's a play that's got to be made. They capitalized on it, and we really couldn't get anything going after that. It's very, very, very frustrating."
Chen allowed seven hits -- three in the sixth -- over 5 2/3 innings, striking out six and walking one. Just two of the four runs against him were earned.
"When Buck walked to me, I was pretty upset about myself because I didn't have command tonight," Chen said through an interpreter. "I didn't help the team get a win tonight. This is the reason I'm here, to help the team get a win. I'm not satisfied."
Orioles reliever Matt Lindstrom, who got the final out in the sixth, averted disaster in the seventh. After Nick Swisher was hit by a pitch to open the inning, Robinson Cano chopped a ball down the left-field line for a double, but Hardy's perfect relay throw nabbed Swisher at the plate.
Lindstrom then caught Alex Rodriguez looking at a full-count sinker and struck out Teixeira on a 96 mph fastball.
Luis Ayala, Jim Johnson and Troy Patton followed with scoreless frames -- part of 5 1/3 scoreless innings thrown by the Orioles' bullpen before Strop gave up the winning run in the 12th.
On the chilliest night of the young season in Baltimore, the Orioles scored off wild pitches by Yankees starter Freddy Garcia. The usually steady Garcia struggled gripping his breaking ball, throwing five wild pitches on the night, tied for fourth most in one game since 1918. Garcia threw just four wild pitches all last season.
After Jeter's first-inning homer, Hardy tied the game in the first with a solo homer -- marking the fifth time in as many games this season that the Orioles have hit a home run in the first or second inning. After a walk by Markakis and a single by Matt Wieters, Garcia uncoiled two wild pitches with Nick Johnson at the plate, the second one plating Markakis for a 2-1 lead.


text:
Deerness Valley Railway Path
13 km / 8 miles
One of a series of walks, the Durham Railway Paths, using dismantled railways in the Durham area. This line was opened in 1858 and carried coal out of the valley for nearly a hundred years. Now it is a pleasant walk, which follows the River Deerness through a wooded and pastoral landscape. The track runs high above the River Deerness valley, crossing and recrossing the river, and passes by Ushaw Moor asnd Esk Winning to finally cross the river again near Waterhouses to head south to Crook.
Leaflets currently out of print however copies will be sent out from Durham Rangers. Please contact Maria Murphy 0191 383 4144 or by Email email@example.com.
From Broompark follow the Deerness Valley Walk sign.
|Path Type:
|Paths Marked on OS mapping
|Easy; Former Railway
NZ251415 - Broompark Picnic Area, Stonebridge, Co Durham
NZ163360 - Crook, Co Durham
|Web Sites:
|Durham CC - Railway Paths
Publications, Badges and Certificates:
|Railway Paths in County Durham (Durham County Council - 1997)
You can use the interactive controls to zoom in and out and to move around the map, or click on a path or a marker for more info. (interactive map help)
|Contains Ordnance Survey data © Crown copyright and database right 2011.
|At high zoom levels the route is indicative only.
|Purchase Ordnance Survey Maps (path is named on OS maps):
|OS Landranger:
|88, 92
|OS Landranger Active:
|88, 92
|OS Explorer:
|305, 307, 308
|OS Explorer Active:
|305, 307, 308
Accommodation within 5 Km of this Path:
|From Path
|Along Path
|Hostel Accommodation:
|Durham City YHA, University of Durham, Durham City
|2 Km
|< 1 Km
Connected Paths:
|GPS Exchange Format Route File:
|Deerness Valley Railway Path GPX Exchange Format Route File
|Login to Download
(Members Only)
|MemoryMap Route file:
|Deerness Valley Railway Path Memory Map Route File
|Login to Download
(Members Only)
|Tracklogs Route file:
|Deerness Valley Walk Tracklogs Route file
|Login to Download
(Members Only)
Route Profile:
|14.0 Km (8.7 miles)
218 m (715 ft) ascent
253 m (830 ft) maximum height


text:
FlashForward proves a hit on BitTorrent25 September 2009
FlashForward, a television show just launched in the US from the creators of Lost and based on the book by Robert J Sawyer, has proved a surprise hit on filesharing websites. At the time of writing, Mininova and the Pirate Bay are both displaying nearly... >>
OpenBitTorrent launches, aims at Pirate Bay refugees6 July 2009
Since the Pirate Bay announced that it was selling out, many in the Bittorrent community have predicted the death of the filesharing community. Many others however, confidently predicted that the masses would just move to another tracker, as they did... >>


text:
Learn more about Monster Power Blackout PowerCenter HDP 650 w/6 Outlets:
|The Monster Power® Blackout™ High Definition PowerCenter™ HDP 650 provides advanced surge protection with patented Dual Mode Plus™ circuitry and HD Clean Power™ Stage 1 power filtration engineered for high definition AV components. The HDP 650 has 6 ultra-wide spaced, AC outlets featuring color-coded, backlit labels for easy identification. One pair of coax connections and one pair phone connections are provided for complete home theater protection. The sleek design and illuminated graphics match the look of today's home theater.
Customer Reviews of Monster Power Blackout PowerCenter HDP 650 w/6 Outlets
The only gripe I have about this device is that the button that turns the unit off and on was detached and broken from the unit upon its arrival in a plastic bag. Otherwise, I am pleased and I can live with a broken button. This has got to be the most colorful device of this type I have ever seen. When you turn it on, the solid black unit displays about six different colors. I have this next to my bed so I can charge my phone and tablet each night and the light it gives off could be annoying but I rather like it. As far as I can tell, the unit does what it claims to. I've not have any power fluctuations so I haven't really been able to put it to the test but I am satisfied and, had it not arrived broken but useable, I would have given it five stars across the board.
Great Price on a High Quality Surge Protector6/29/2012
This well-designed, high quality surge protector is versatile and user-friendly. The back-lit color coded outlets and cord labels are a nice touch, making it easy to keep track of each component's plug. The widely spaced outlets accommodate over-sized plugs that are common to many components, and home theater coaxial connectors are also protected. Specs are high grade for medium-to-high end systems and I feel confident that my expensive electronic devices are well protected.
Very nice6/21/2012
It is a very nice outlet. This outlets featuring color-coded, backlit labels for easy identification. This outlet comes in 2 colors : black and white. I bought black color to match with my floor.
smart and great6/16/2012
it has color to help u find that cord to your nightstand lamp and plenty of room for those big power plug that take up room.
I have it plugged into a voltage converter and I've never had any problems with my electronics. There are frequent black/brown outs, surges and general craziness out here and this surge protector handles it all.
First of all, it looks and feels strong!! And, since it provides warranty against damages to the equipments connected to it, it definitely gives a peace of mind. The Led lights are crisp and cool. Also, the stickers (with different equipments name) came in really handy when managing cables and cords.
No problems so far1/7/2012
We had several thunderstorm in the area and it survived it all So it does the job. In additon to it, it looks good and the price was right...
Below average product from Monster.9/29/2011
I've owned several Monster Cable products and this is the cheapest quality I've owned to date. It will no doubt provide the same protection any MOV surge protector (at this level) will. However, it's not the quality you'd expect from Monster.0 Helpful | 1 Not Helpful
Good deal on a slightly better than usual power st9/23/2011
It's pretty, I'll say that. If you enjoy multicolor lighting, that is, which I do. The illuminated plugs are nice for cord location. I cant attest too much to its performance with regard to handling power, or protection, since it really hasnt been put to the test, but I trust its a fair bit better than a cheap power strip.
Very Nice!8/12/2011
I got this in mail in time yesterday. Very Nice, looks good and works well.
It is what it is8/6/2011
Does what is supposed to. Haven't had an opportunity to find out other features yet.


text:
Traffic Circle Numbers 2 and 3 in La Crosse (corrected)
The latest traffic circle in La Crosse isn't meant just as a way to slow traffic. It's also meant as a so-called 'rain circle.' A way to soak up some rain water at 20th and Farnam on the southside to prevent flooding at the intersection. Public works director Dale Hexom has never been certain that it will work as advertised. And still isn't certain it will do much to alleviate flooding that occurs with heavy rainfall. Besides that traffic circle, another one may go in just a few blocks away.


text:
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text:
Step 1: Supplies
`A bag of Walnuts
`Some small candies (anything that can fit inside a walnut)
`A nut cracker/pick
`A pen
`Some paper (It helps if your paper has lines as guides for sizing and cutting)
`A container/ gift box
`Some super glue ( I suggest the gel kind)
`A pair of scissors
Step 2: Let's Get Cracking!
`Remove the nut and store them away for later.
`Scrape out the debris in the shell
TIP: Don't get ahead of yourself. Crack and fill just one shell at a time so that the halves don't get mixed around. You want them to be able to match up as flawlessly as possible.
Step 3: Get Creative
`Take your pen and paper and write out a list of catchy sayings, compliments, sweet somethings, or things you admire about the person. Try not to make your writing larger then about 1/4". You want them to fit easily into the shells.
`Using your scissors cut them into separate strips.
`Roll them, or fold them, any which way you prefer.
TIP: If you want it to be a complete surprise fold them so they will fit entirely inside the shell. If you want them to have some sort of clue as to what to do. Then you can roll them up and leave a remaining tail to stick out the bottom of the nut.


text:
Sweo Associates, Inc. filed as a Domestic for Profit Corporation in the State of Florida on Friday, October 30, 1992. This corporation is no longer active according to documents filed with Florida Department of State.
Michael's past corporate interests include the Secretary of Sweo Associates, Inc. .
Key roles for Michael Sweo
Sweo Associates, Inc.
Secretary, Vice President


text:
Halo 2 was the first game i played on LIVE, i have gone to spent endless amounts of hours playing on LIVE. What was the first game you played on LIVE??
Xbox Live Is 10 Years OLD
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Rainbow Six 3 with the included headset. Shit was mad awesome.
Aahh... good memories of running over to my friend's place to play MechAssault cause my parents thought Xbox Live was a rapist's paradise.
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Had a free month on the original xbox and played one of the EA baseball games. Then I subscribed for 2 years on the 360 when that launched. Been happy not to pay for Gold since then and carry along my way as a silver member.
Halo 3. LIIIIIIIIIIIIIIIIIIVEEEEEEEEEEEEEEEEEEEEEEEEEEEEE.
In a related note, if playing games on LIVE isn't free next gen, Microsoft done fucked up. Obviously they can still have a paid tier (with PSN like extras, and if they have to video services etc.), but there is no way they can justify it anymore.
@jeffrud said:
@MikkaQ: Your parents must have loved that whole "World Wide Web" fad.
Oh yeah dead scared of it. Funny considering I had to teach them both how it worked. Then they knew enough to say NOOOOOPE.
Which I guess is fair enough, those were the days that every link you clicked had a 60% chance of showing you something soul-crushingly disturbing that you can't unsee. In today's socially oriented internet, the soul-crushing part comes from how stupid most people come across as.
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At least they're giving out Wreckateer for free for 48 hours.
What the fuck does that even mean, that the game is free for everyone to play for the next 48 hours and you have to buy it after?
Or is the game just free for the next 48 hours.
I was way late to the whole Xbox 360 party, least interesting console of them all and all that. (considering what I already had to play on)
Don't even remember what my first Live game was.
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Perfect Dark Zero was the first game I played on XBL...
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Halo 3. I didn't get Live until 2007.
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There are people who are alive now that are younger than XBL. I feel old and I miss those blades.
My first Xbox Live game was Unreal Championship. I moved to Mechassault and any other game I could get my hands on after that. Halo 2 is definitely a fun one and I spent so many hours playing it. It's still my favorite Halo online experience.
EDIT: Wow, I just checked and apparently that was the first couple of games available to live? Awesome!
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Ahh yes. 10 years of charging people for something that should be free. I only had it for a year and during that time I recall playing Halo 3, Gears of War 1 or 2, and Smackdown vs Raw 2009. SVR09 was the game I had the most fun with. Was just a shame that the community was nothing but terrible people that made Gears and Halo look like a paragon of intelligence and maturity, and that the game had terribly laggy online code.
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First game I ever played on Live was Ghost Recon AW, had a free month of Xbox Live so tried it out and was hooked first online game I had played since Age of Empires 1 on Zone.com
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The first Xbox Live game was Star Wars: The Clone Wars.
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the first game I can remember playing on XBL was Mechassault, like a lot of others. Of the original Xbox, I fondly remember playing spies v. mercs in Pandora Tomorrow, dogfights in Crimson Skies, terrorist hunt in Rainbow Six 3, and Ghost Recon 2: Summit Strike. I also remember thinking I was good at Street Fighter then getting my world shattered when I played Third Strike online for the first time.
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Halo 2
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@MikkaQ said:
Aahh... good memories of running over to my friend's place to play MechAssault cause my parents thought Xbox Live was a rapist's paradise.
When I was 13 (2004ish), I snuck my mom's purse into the bathroom, took out her credit card and wrote the numbers on a piece of paper. Then I used it to activate my two month free trial of Live on the original Xbox. Never got a game to work on it, though. Eventually forgot to cancel it and got an angry phone call and punishment when my mom received her bill. None of that would have happened had Microsoft done the Membership cards in stores back then like they do now, so I blame them. But I digress.
First game on Xbox Live was probably Madden 07 on Christmas Day, 2006. Game that got me addicted was Call of Duty 3.
Did a 1 month trial when XBox Live first game out, but didn't bother to actually subscribe to it right out of the gate. My first game was probably Rainbow Six 3 on XBox 1 (October-ish 2003), about a year after I did my free month.
I actually had the broadband adapter for the Dreamcast prior to that, which was kind of fucking nuts as far as how difficult it could be to set up if you had no prior experience with network configuration. XBL was much, much easier.
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Let's Play Halo 2...multiplayer...together!
Back when a Killtacular meant killing 4 enemies within 4 seconds of each other.
Back when getting an Overkill meant you heard 'Un-Freakin' Believable!' from The Announcer.
First Xbox Live game? I believe it was either the Moto GP demo (which was amazing) or MechAssault. Man, did I hate MechAssault. The first LIVE game I spent any significant time with was Rainbow Six: 3. I played the shit out of that with my friends. LIVE was crazy back then since I was still in middle school/early years of high school. I'd come home from soccer practice, sign into LIVE and play with a dozen or so people I knew from school. Good times. Then we all grew up, but it was fun while it lasted...
Microsoft sent me an email with a code for an exclusive 10th anniversary helmet. Completely forgot that I have been signed up for that long.
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Crimson Skies!
MechAssault and Return to Castle Wolfenstein; Microsoft sent me some "Thanks for being a 10-year user, you are an elite member!" message along with a code for the ugliest helmet I have ever seen for an avatar lol
Don't remember... but I do remember saying "Microsoft's doing a console? Seriously?", and now I feel old remembering that that was ten (well, eleven) years ago. Fitting that I randomly bought a book about the creation of the Xbox a couple of weeks ago. Interesting stuff.
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text:
ugh i know, i'd have to agree.
I know some people, and when their tamagotchi dies, they go in their room and cry!
Or, they talk about it being their best friend ever.
What do you all think about taking tamas TOO seriously?
I'd get upset if my tama got run over by a car or something..
or if i had devoted my personal life into it and it died(which i'd never do)
but i dont think id cry.
Its not even real...


text:
Press release from CNW Group
Holloway Lodging REIT reports strong third quarter results and 17% increase in distribution
Tuesday, November 13, 2012
Holloway Lodging REIT reports strong third quarter results and 17% increase in distribution17:17 EST Tuesday, November 13, 2012/NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/HALIFAX, Nov. 13, 2012 /CNW/ - Holloway Lodging Real Estate Investment Trust (TSX: HLR.UN) ("Holloway") today announced financial results for the three months ended September 30, 2012. All amounts are in Canadian dollars unless otherwise indicated. Readers should refer to Holloway's unaudited interim consolidated condensed financial statements as at September 30, 2012 and its management discussion and analysis which are available on Holloway's website at www.hlreit.com and on SEDAR at www.sedar.com.Key Events - Q3, 2012Holloway recorded increased same-store revenue, operating income per available room, operating income margin, funds from operations and distributable income for the three months ended September 30, 2012 compared to the three months ended September 30, 2011: (In millions where indicated exceptpercentages and per roommeasures) 2012 2011 $ INCREASE % CHANGE Hotel revenues - same store $15.6 M $15.2 M $0.4M 2.5%Revenue per available room - same store $93.57 $90.52 $3.05 3.4%Hotel operating income per available room before depreciation $38.73 $35.42 $3.31 9.3%Hotel operating income margin 38.1% 34.4% - 3.7 pptFunds from operations $3.3 M $2.4 M $0.9 M 37.5%Distributable income $3.3 M $2.1 M $1.2 M 57.1%The REIT repaid $3.9 million of debt in the third quarter, including:Repayment at maturity of the $2.5 million mortgage secured by the Super 8® hotel in Windsor, NS. The REIT now has two hotels unencumbered by mortgages.Penalty-free prepayment of $0.4 million of the mortgage secured by the Super 8® hotel in Truro, NS.The REIT sold its minority interest in the Super 8® hotel in Amherst, NS for $0.2 million.The REIT returned $0.9 million to unitholders in the third quarter, consisting of:Repurchase of 89,300 units under its normal course issuer bid at an average cost of $3.56 per unit,Declaration and payment of a distribution of $0.03 per unitDistribution IncreaseIn August 2012, the Board of Trustees reinstated Holloway's distribution at a quarterly rate of $0.03 per unit, representing an annual distribution of $0.12 per unit, due to the material improvement in Holloway's business and capital structure. On November 13, 2012, the Board of Trustees decided to increase Holloway's quarterly distribution by 17% to $0.035 per unit, representing an annual distribution of $0.14 per unit. The increased quarterly distribution will be payable on December 17, 2012 to unitholders of record on November 30, 2012. The Board of Trustees will consider the merits of further increasing the distribution in coming quarters.Michael Rapps, Chairman of Holloway, stated: "Holloway's results reflect improved business conditions, positive operating performance at our hotels and a material improvement in our capital structure. We believe that our increased distribution remains conservative, sustainable and leaves considerable cash flow for Holloway to invest in its hotels, repay additional mortgage debt, repurchase units and selectively acquire hotels that are accretive to us."OutlookHolloway continues to be cautiously optimistic about the performance of its hotels in the coming quarters. While we do not expect material improvement at our three Atlantic Canadian hotels, we are seeing continued positive developments at our Western Canadian hotels as well as our sole US hotel. A number of large-scale infrastructure projects have been proposed and/or are underway in Northern Alberta and British Columbia that are expected to benefit several of Holloway's hotels.In recent quarters, significant progress has been achieved in reducing Holloway's total debt, which now consists of mortgages on 15 of its 17 hotels. Holloway will look to further reduce its mortgage debt and its annual interest expense as opportunities arise.Holloway will continue to focus on operational efficiencies through operating cost reductions and by completing capital upgrades at its hotels. Holloway also expects to increase revenue through strategic capital investments and potentially through development of owned excess land. To this effect, Holloway has commenced the expansion of its Super 8® hotel in Fort St. John, BC, which is expected to result in eight new guest rooms. Holloway will also commence in the next several weeks the upgrade of its Super 8® hotel in Yellowknife, NWT which will result in the renovation of all 66 guestrooms and enable us to increase occupancy and rate. Holloway will also seek to selectively acquire additional hotels to the extent such acquisitions are accretive to Holloway's cash flow and net asset value.Operating ResultsThe following table provides a summary of the operating results for the three and nine months ended September 30, 2012 and 2011. Three months ended Nine months ended(in $000's except number of units and per unit results)Sept. 30,2012 Sept. 30,2011 Sept. 30,2012 Sept. 30,2011Hotel revenues15,563 21,162 45,819 59,650Hotel expenses9,631 13,887 30,168 42,229Hotel operating income before depreciation5,932 7,275 15,651 17,421Other expenses4,704 8,642 9,032 24,972Provision for income taxes- - - -Income (loss) for the periods1,228 (1,367) 6,619 (7,551)Weighted average basic units outstanding18,812,681 983,350 17,397,509 983,350Weighted average diluted units outstanding18,812,681 983,350 17,397,509 983,350Basic income (loss) per unit*0.06 (1.39) 0.38 (7.68)Diluted income (loss) per unit*0.06 (1.39) 0.38 (7.68)Reconciliation to funds from operations (FFO) Add / (deduct): Depreciation and amortization on real property1,908 2,310 5,783 7,349Provision for (recovery of) deferred income taxes- - - -(Gain) loss on disposal of hotel properties64 1,452 (5,593) 1,950Loss on disposal of minority interest investment in hotel properties101 - 101 -Funds from operations - basic and diluted3,301 2,395 6,910 1,748Basic FFO per unit*0.18 2.44 0.40 1.78Diluted FFO per unit*0.18 2.44 0.40 1.78Reconciliation to distributable income Add/(deduct): Depreciation and amortization - trust and other assets18 45 105 138Accretion of mortgages, loan due to a related party, convertible debentures and deferred financing fees44 799 698 2,603Fair value adjustment on Class B LP units and derivative liability(8) (73) 26 (104)Gain on repurchase of convertible debentures- (507) - (507)Unit-based compensation385 62 400 62FF&E reserve(467) (635) (1,375) (1,789)Distributable income - basic and diluted3,273 2,086 6,764 2,151Basic distributable income per unit*0.17 2.12 0.39 2.19Diluted distributable income per unit*0.17 2.12 0.39 2.19Reconciliation of cash generated from operating activities to distributable income Net cash generated from operating activities3,811 254 4,219 2,767Changes in items of working capital(71) 2,467 3,920 1,173FF&E reserve(467) (635) (1,375) (1,789)Distributable income3,273 2,086 6,764 2,151*Periods prior to Q1 2012 are not directly comparable due to the conversion of 2012 convertible debentures.Holloway Lodging Real Estate Investment TrustHolloway is a real estate investment trust focused on owning and operating select and limited service lodging properties and a small complement of full service hotels primarily in secondary, tertiary and suburban markets. Holloway currently owns 17 hotels with 1,665 rooms. Holloway's trust units trade on the Toronto Stock Exchange under the symbol HLR.UN.This press release contains forward-looking information within the meaning of applicable securities laws. Forward-looking information may relate to Holloway's future outlook and anticipated events or results and may include statements regarding the future financial position, property acquisition or disposal strategies and opportunities, business strategy, financial results and plans and objectives of Holloway. Particularly, statements regarding Holloway's future distribution policy, the potential acquisition of hotels and the expected results of approved infrastructure projects are forward-looking statements. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Forward looking-information is subject to certain factors, including risks and uncertainties, that could cause actual results to differ materially from what Holloway currently expects and there can be no assurance that such statements will prove to be accurate. Some of these risks and uncertainties are described under "Risk Factors" in Holloway's Annual Information Form ("AIF"), dated March 14, 2012 which is available at www.sedar.com. Holloway does not intend to update or revise any such forward-looking information should its assumptions and estimates change. SOURCE: HOLLOWAY LODGING REAL ESTATE INVESTMENT TRUSTFor further information: Please contact Michael Rapps, Chairman, or Jane Rafuse, Chief Financial Officer, at (902) 404-3499


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Goodbye waitlist: Mailbox for Mac beta opens up, now anyone can try the gorgeous email app13 October 2014
Two months after launching a public beta for a select number of users, the Mailbox team is now allowing anyone to join. Mailbox, the maker of a popular email app that was acquired by Dropbox last year, demoed an early version of the same email client... >>
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Dropbox's Mailbox app launches for Android - with Mac desktop beta coming soon too9 April 2014
Dropbox acquired Mailbox for iOS a little over a year ago, and now it has finally launched an Android version of the email client. Oh, and a desktop beta version for Mac is coming too. At an event in San Francisco, Dropbox showed off Mailbox for Android... >>
Mailbox is no longer a Gmail-only app, adds support for Yahoo and iCloud17 December 2013
You can now use that Dropbox-owned Mailbox app that you waited forever to download with more email services than Gmail. Mailbox is heralded for its easy-to-use and innovative features, including swipe-based email sorting and filtering. The app has been... >>
Yahoo Weather for iPad lands on App Store, bringing same design as popular iPhone version16 December 2013
Yahoo's extremely well-received weather app for iPhone has just released for iPad. Version 1.5 of Yahoo Weather is now live in Apple's App Store, optimising the same design and layout found in the iPhone app for the larger screen. There's also a new sharing... >>
Mailbox comes to iPad, now optimised for the bigger screen23 May 2013
Mailbox is now iPad compatible, so the popular inbox is now optimised for working on your larger Apple device. The company broke the news with a concise message on its blog, simply saying: "You asked, we listened. Mailbox is now available for iPad, so... >>
Mailbox coming to iPad and Android, Mac version 'under consideration'25 April 2013
The team from hit email app Mailbox (currently available on iPhone) says it is pursing iPad and Android versions of the software, following its acquisition by Dropbox. In two separate tweets from the official Mailbox account, the team said: "An... >>
Mailbox drops waiting list, opening sign-ups for all users17 April 2013
After 10 weeks of being available on the App Store, hit iOS email app Mailbox is dropping its waiting list that has encumbered many users. Now Dropbox-owned, Mailbox has added servers to handle the load, opening it up for all email addicts. Users... >>
Dropbox snaps up Mailbox app15 March 2013
Dropbox has picked up fledgling app Mailbox after only a few months of being on the App Store. Mailbox works by organising your email inbox into the cloud, then checking it and delivering it to your phone securely. It even works with push notifications,... >>
Mailbox for iPhone now available with an interesting twist on managing email7 February 2013
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M'Cheyne: Deut 4 (text | audio, 8:19 min)
Ps 86 (text | audio, 1:59 min)
Ps 87 (text | audio, 0:43 min)
Highlighted: Deut 4:24
Jealous: Richard Dawkins writes, "The God of the Old Testament is arguably the most unpleasant character in all fiction: jealous and proud of it …" [1]. Dawkins is partly right; God is jealous and proud of it. As Moses says, "Take care, lest you forget the covenant of the Lord your God, which he made with you, and make a carved image, the form of anything that the Lord your God has forbidden you. For the Lord your God is a consuming fire, a jealous God" [2]. But is Dawkins also right that God's jealousy makes him unpleasant?
Complex: To be jealous is not necessarily to be envious. Jealousy can be a sign of passion and commitment; it can be more positive and complex than we imagine. For example, if you are married and you find out that your spouse is becoming intimate with someone besides you, should you not feel some passion or zeal? In fact, indifference would be a bad sign, not a good one, right? In other words, in any relationship, if you never get angry when you see something destroying your loved one, then do you really love them? Tim Keller says, "To accept whatever is wrong in the loved person is not to love them; it is to love yourself, to love your convenience" [3].
Loving: In The Problem of Pain, C.S. Lewis writes, "You asked for a loving God: you have one. The great spirit you so lightly invoked, the 'lord of terrible aspect,' is present: not a senile benevolence that drowsily wishes you to be happy in your own way, not the cold philanthropy of conscientious magistrate, nor the care of a host who feels responsible for the comfort of his guests, but the consuming fire Himself, the Love that made the worlds, persistent as the artist's love for his work and despotic as a man's love for a dog, provident and venerable as a father's love for a child, jealous, inexorable, exacting as love between the sexes".
Prayer: Lord, Thank you for being a jealous God, for loving us so much that you hate those things (like idol worship) that destroy us. As we look upon the cross, we see the essence of your passionate and complex love. For Jesus was consumed by your consuming fire so that we would not be. Let us, therefore, love your jealousy, not despise it. Amen.
How can I make a tax-deductible donation? Click here.
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What is the reading plan this blog is based on? Click here.
M'Cheyne Weekend Texts (our reading plan)
Sat, June 1: Deut 5 (text | audio, 4:31 min) & Ps 88 (text | audio, 1:53 min)
Sun, June 2: Deut 6 (text | audio, 3:21 min) & Ps 89 (text | audio, 5:01 min)
[1] Richard Dawkins, The God Delusion. | [2] Deuteronomy 4:24 ESV | [3] Tim Keller. "The Fire of God." Sermon. March 25, 1990.


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Group Policy Search
Ingen vurderinger
Ved å installere aksepterer du Vilkår for bruk og andre vilkår
UtgiverStephanus Schulte
Mer fra Stephanus Schulte
Nedlastingsstørrelse< 1 MB
Sist oppdatert29.12.2012
Fungerer med
- Windows Phone 8.1
- Windows Phone 8
- Windows Phone 7.5
- Windows Phone 7
Appen krever
- data services
- HD720P (720x1280)
- WVGA (480x800)
- WXGA (768x1280)
Språk som støttes (1)
English (United States)
This app is the Windows Phone 7/8 version of the Group Policy Search - Browser version (*important* Domain has changed: http://gpsearch.azurewebsites.net) With the Group Policy Search ("GPS") you can search for Group Policy Objects. This means, if you do not know about the existence of a GPO or you know that there is one, but you don't remember where exactly you can find it, the GPS is the app you need. This does not mean that you search for already set GPOs in your environment (for this you can use existent mechanisms in GPEdit.msc), but for GPOs which might be the right one for your desires. Btw. currently are two languages supported: - English - German/Deutsch - Francais/French (results only, no GUI) - Espanol/Spanish (results only, no GUI) - Italiano/Italian (results only, no GUI) Update 1.6: - changed Webservice Domain to http://gpsearch.azurewebsites.net - added filter for Office 2013 (the db update will come automatically early in 2013)


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Korn in New Zealand???
Are Korn coming??? this is one thing i would absolutely love to death. the last time they played here was so fricken long ago. at least 2-3 years. now there's a new album coming out, i reckon its time they came back to Vector Arena. it would make my day. I pray for the day i find out they're coming. i really hope they do. please please please come back!!!!
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People who are really successful implementing this skill purchased From Bad Grades to a Great Life!
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text: I don't know if all these feuds are over but usually feuds end in some type of stipulation match. Since the extreme rules Ppv has all stipulation matches it sort of makes it hard to one up the last bout. I think Cody and show will have one more rematch and then both move on. For the others idk


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Melbourne, FL Clock Repair Service
Keeping Time Clocks
Keeping Time Clocks provides experienced clock repair and offers sales of new clocks, antique clocks, pocket watches and more in Melbourne, FL. Here at Keeping Time Clocks, we have over 30 years experience in clock repair and have been happily serving Melbourne, FL for over 9 years. Stop by, you'll be amazed at the selection of clocks that we offer!
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Contact Keeping Time Clocks at 321-727-7581 or visit our clock shop today.
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Georgia Institute of Technology's idea for an intelligent hospital gown or military uniform looks as if it has been inspired by origami (WO 02/100200). The Atlanta-based university has taken fabric that has optical and electrically conductive fibres woven into it, and folded it into the shape of a wearable garment that needs very few sewn joints. The wearer's head pokes out through a hole in the middle.
Forming the garment from a single piece of fabric ensures that any part of it can be connected to sensors on the wearer's body, which can monitor their vital signs. Flaps round the edge fold to form arms and legs, and overlapping parts are glued together or joined with Velcro. Georgia Tech says the material will be able to broadcast data on where on the body a soldier has been shot, say.
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The following is an archive of a post made to our
'vox mailing list'
by one of its subscribers.
I just went to Nerd Books yesterday and picked up two books with
the gift certificate I received for LUGODer of the Quarter. I
picked up 'Linux Administration Handbook' (by the same people
who put out 'UNIX Administration Handbook'), and 'Advanced Linux
I wanted to thank everyone who comes out to the InstallFests to
help with LUGOD's success at this monthly event. The list is
very long, but I will try to be complete.
Peter Salzman
Mike Simons
Bill Kendrick
Kevin Murakoshi (who is also a member of the UC Davis Computer
club and reserves the room for our InstallFests)
Jeff Newmiller
Seth Nagao
Dave Nelson (recently started helping out with signing people in
a major help for me)
Foo Lim
Mark Kim
Gabriel Rosa
Ryan Castellucci
Brian Lavender (who has come out a couple of times usually to
pick up the ladies ;-)
Stephen Helms
Joseph Arruda
Joel Baumert (who has helped with a location for one of our IFs)
I may have missed you and if so it was not intentional I have
really appreciated the efforts of all of the members of LUGOD,
SacLUG, and RoseLUG.
Rusty Minden
vox mailing list
Hosting provided by:
Sunset Systems
Sunset Systems offers preconfigured Linux
systems, remote system administration and
custom software development.
LUGOD: Linux Users' Group of Davis
PO Box 2082, Davis, CA 95617
Contact Us
LUGOD is a 501(c)7 non-profit organization
based in Davis, California
and serving the Sacramento area.
"Linux" is a trademark of Linus Torvalds.


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The Vampire Diaries
Elena and Stefan: A Vampire Diaries Dating Timeline
Ah, the way they were. We have no idea how long they were together (time in Mystic Falls is crazypants), but Elena (Nina Dobrev) and Stefan (Paul Wesley) have been through a lot on The Vampire Diaries. Now that they've broken up (again), let's take a look back at their love. Cue the Boyz II Men.
1846 — A baby is born.
Little Stefan Salvatore comes into the world.
1864 — A vampire is born.
Stefan's sexy girlfriend Katherine (Nina Dobrev) turns him into a bloodsucker.
1992 — A doppelganger is born.
Katherine's double Elena (Nina Dobrev) makes her way into the world, and a complicated parental situation.
May 2009 — Stefan saves Elena.
After her parents drive off Wickery Bridge, Stefan comes to Elena's rescue, pulling her from the sinking car.
May to September 2009 — Stefan researches Elena.
After realizing Elena looks like Katherine, Stefan tries to find out who she is and why she's the double of his ex.
Season 1, Episode 1, "Pilot" — Stefan and Elena come face-to-face.
This time, Elena is conscious.
Season 1, Episode 2, "Night of the Comet" — Stefan and Elena kiss.
Woo! Does this make them an official couple? He's hot and a good kisser. What more does she need to know?
Season 1, Episode 3, "Friday Night Bites" — If you wanna be my lover (you gotta get with my friends).
Elena tries to convince Bonnie (Kat Graham) that Stefan is decent by having them both to dinner. Stefan gives her a vervain-filled necklace, the vampire-equivalent of a promise ring.
Season 1, Episode 5, "You're Undead to Me" — Elena starts to suspect something.
"Why is my boyfriend so supernaturally hot?"
Season 1, Episode 6, "Lost Girls" — Stefan confirms he's a vampire; he and Elena break up.
She just can't handle the truth.
Season 1, Episode 8, "162 Candles" — Elena meets Stefan's bestie.
A wise old vampire named Lexi 'ships Stelena and tries to get them back together.
Season 1, Episode 9, "History Repeating" — Elena relents, Stefan rejects.
While Elena is ready to forgive and forget (but not in a mind-erase-y way), Stefan wants the killing to stop and decides to leave town, alone.
Season 1, Episode 10, "Turning Point" — Stelena sex.
Elena tells Stefan she loves him. He decides to stay, and they decided to lose their clothes. Post-coitus, Elena finds a photo of Katherine, and realizes Stefan really does have a type.
Season 1, Episode 11, "Bloodlines" — BTW, we totally met before.
Stefan tells Elena about her parents' car crash and says he loves her. They are in love.
Season 1, Episode 19, "Miss Mystic Falls" — Stelena is an alcoholic vampire boyfriend.
Stefan has been drinking human blood on the down low, something that makes him unstable. His brother, Damon (Ian Somerhalder), ends up escorting Elena in the Miss Mystic Falls pageant, and then they vervain Stefan and lock him up so he doesn't eat anyone.
Season 1, Episode 20, "Blood Brothers" — Elena's love is the cure.
Elena helps get Stefan's blood craving under control.
Season 1, Episode 22, "Founder's Day" — Stefan's ex comes to Mystic Falls.
Katherine shows up and kisses Damon while pretending to be Elena.
Season 2, Episode 1, "The Return" — Elena chooses a brother.
Though she knows Damon has feelings for her, Elena tells him that "It will always be Stefan."
Season 2, Episode 4, "Memory Lane" — Katherine demands a breakup.
Katherine is still in love with Stefan, and she threatens to kill Elena unless he breaks things off with the human doppelganger. He complies, but it's all a sham.
Season 2, Episode 6, "Plan B" — Katherine plays dirty.
Using Elena's family for leverage — Katherine compels Aunt Jenna (Sara Canning) to stab herself — Stefan's ex manages to force the couple to break up.
Season 2, Episode 7, "Masquerade" — Entombed.
Katherine is trapped in an underground tomb, where she's no longer a threat to Stefan and Elena's relationship. For now.
Season 2, Episode 11, "By the Light of the Moon" — Aboveground reunion.
Stefan is released from the tomb, where he'd been trapped since the previous episode. He and Elena proceed to make out.
Season 2, Episode 14, "Crying Wolf" — Weekend away.
Elena and Stefan decide to have a rendezvous to her family's cabin. All doesn't go as planned, but, hey. It's the thought that counts.
Season 2, Episode 20 "The Last Day" — Forever's a long time.
Damon force feeds Elena his blood in an attempt to save her life. She and Stefan take a hike to the Falls, where she says she never wants to become a vampire. (Foreshadowing.)
Season 2, Episode 22, "As I Lay Dying" — A kiss before dying.
Elena kisses a nearly dead Damon and tells him she likes him. Meanwhile, Stefan is forced to revert to his Ripper ways by Klaus (Joseph Morgan).
Season 3, Episode 1, "Birthday" — A phone call from far away.
While Stefan was away ripping, Elena spent the summer hoping to save him from Klaus. When he calls her and says nothing, she tells him to hold on.
Season 3, Episode 2, "The Hybrid" — Elena on a mission.
Elena travels to Tennessee on a Stefan rescue mission. It fails.
Season 3, Episode 4, "Disturbing Behavior" — Hello again.
Stefan returns to Mystic Falls, with Klaus in tow.
Season 3, Episode 5, "The Reckoning" — Hello again.
Klaus compels Stefan to turn his emotions off, snapping the Ripper's last tie to Elena.
Season 3, Episode 9, "Homecoming" — One small step for Stefan.
Stefan helps Klaus and gets his humanity back in exchange.
Season 3, Episode 11, "Our Town" — Stefan almost kills Elena on Wickery Bridge.
This is a low point.
Season 3, Episode 12, "The Ties That Bind" — Kiss confession.
Elena tells Stefan that she kissed Damon.
Season 3, Episode 13, "Bringing Out the Dead" — Brotherly love.
Stefan and Damon talk about their feelings, namely, that they're both in love with the same girl.
Season 3, Episode 14, "Dangerous Liaisons" — Stefan is scared.
Elena and Stefan have a moment, but he says he's afraid to feel again.
Season 3, Episode 18, "Murder of One" — Tearin' up my heart.
Elena tells Stefan she has feelings for both him and Damon.
Season 3, Episode 19, "Heart of Darkness" — Ride or die.
Stefan sends Elena and Damon on a road trip, so she can figure out who she should be with. Rose's ghost points out the benefits and drawbacks to both brothers, though she seems to prefer Elena with Damon.
Season 3, Episode 20, "Do Not Go Gentle" — Decade Dance romance.
Elena invites Stefan to the Decade Dance, and he helps her mourn Alaric (Matt Davis).
Season 3, Episode 21, "Before Sunset" — Pact mentality.
Stefan and Damon make a pact: Whomever Elena doesn't choose will leave Mystic Falls for.ev.er.
Season 3, Episode 22, "The Departed" — Elena makes a choice.
And the winner is... Stefan. She goes over a bridge and dies before she can tell him, though.
Season 4, Episode 1, "Growing Pains" — Brand new you.
Elena wakes up a vampire, and she finally gets to tell Stefan that she chose him. After she becomes a full-fledged vampire, he gives her a daylight ring.
Season 4, Episode 2, "Memorial" — Everything is heightened.
After she feeds from a deer, Elena and Stefan have some sexytime in the woods. Then she vomits blood.
Season 4, Episode 4, "The Five" — Dirty dancing.
While she and Damon are away at Whitmore College, Elena drinks blood and dirty dances with him. She keeps the secret from Stefan.
Season 4, Episode 5, "The Killer" — To cure or not to cure?
Stefan tells Damon he wants Elena back to the way she was, while Damon says he likes her either way.
Season 4, Episode 6, "We All Go a Little Mad Sometimes" — The end?
Stefan tells Elena he knows her feelings for Damon have changed; he says, "I can't do this, Elena. Not anymore." She replies, "I know."
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text:
Lawmakers seek pipeline approval
Posted: January 24, 2013 at 2:38 a.m.
Members of both parties on Capitol Hill, including a majority of the Senate, called upon the Obama administration Wednesday to grant approval for a U.S-Canada oil pipeline that has been delayed several times.
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