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Now that you have an organizational system for arranging your images, it s time to think about filenames I suggest that when you transfer your images to the PC, you immediately rename your images and categorize them into specific folders Don t put this off till later! If you transfer images and opt to rename them later, you ll end up with a few batches of 30 images each that need to be renamed The task will eventually get too daunting, and you ll have untold pictures with obscure filenames that need to be renamed Here s an easy strategy for renaming your images: 1 Open the temporary folder in which your newly transferred images are stored 2 If you are using Windows Me or Windows XP, you should be able to see a preview of the image in the folder If you can t, choose View | Filmstrip or View | Thumbnails from the folder s menu Look at the first photo and decide what you want to name it



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the JSP page, a new attribute such as stocksymbol could be added to the component and it could be used as a parameter to a Web service The returned stock value could then be displayed on the page

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Street may have simply miscalculated the strengths and weaknesses of the company It doesn t matter, so long as the value investor believes that over time the mistake will be recti ed, and that over time the price will re ect the true value of the asset Because the types of assets that value investors put their money in may require time to repair themselves, value investors are typically willing to wait, sometimes for years, if not decades Investing legends such as Warren Bu ett and Benjamin Graham are among history s greatest value investors If value investors are the equivalent of building contractors who buy old housing stock, renovate it, wait, and sell it at a steep price down the road, growth investors are home buyers who want a property that s ready to move into today Growth investors are all about performance They care about which stocks, in a universe of tens of thousands, are exhibiting the greatest levels of pro t growth Growth investors believe in another old investing adage: Stock prices eventually re ect earnings This is why they care most about earnings and less about price, since they believe that over time, higher earnings will push stock prices up To study an investment s earnings potential, a growth investor will often look both backward and forward If dealing with equities, he or she will consider the historic earnings and revenue growth rates of a company Then these investors will not only compare that to the earnings of the company s competitors, but also to the sector and broad stock market Often, they will also consider a company s revenue growth Revenue, or sales, re ects the ability of a company to attract customers Earnings re ect the company s ability to take those sales and maximize pro t generation In addition to growth and value investors, you will also hear terms growth stocks and value stocks The simple de nition is that a growth stock is one that appeals to growth investors while a value stock appeals to value-oriented shareholders Another de nition is that growth stocks are shares of companies that are growing their earnings (and to a lesser extent their sales) faster than the broad stock market Historically, earnings for companies in the S&P 500 index have grown around 7 percent a year So shares of companies with long-term earnings growth rates in the high single digits and low double digits are likely to be considered growth stocks Value stocks, on the other hand, are typically thought of as shares of companies whose valuations their price-to-earnings or price-to-book ratios are lower than the broad stock market Since the long-term historic P/E ratio of the S&P 500 is roughly 15, stocks trading at 15 times their earnings or below are often thought of as value.

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