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The use of graphical techniques has been emphasized throughout as a powerful supporter of the analytical process because they are easy to use and provide good visibility as to what is happening dynamically with the control system under scrutiny. The Bode diagram (frequency response plot) is by far the most popular graphical tool used by the control engineering community and is ideal for showing the degree of stability, in terms of gain and phase margins, that can be expected from a closed loop control system. The rst thing to remember is that all systems can be represented by transfer functions that are combinations of rst- and second-order elements whose response characteristics, in terms of gain and phase, are well documented as tables or graphs expressed as ratios of frequency with either the time constant or the undamped natural frequency. Thus it is an easy task to translate each problem-speci c element into gain and phase plots to obtain the composite open loop gain of the system. Using the frequency response graph this is made simple by the fact that the gain asymptotes for the dynamic elements are simple straight lines. For example: rst-order elements have a at gain response up to the break frequency 1/T and thereafter the gain attenuates at a constant rate of 6.0 dB per octave (20 dB per decade); second-order elements have a at response up to the undamped natural frequency n and thereafter the gain attenuates at 12.0 dB per octave (40 dB per decade). The resonance effect around the natural frequency is a function of damping ratio and can be easily estimated from standard curves.



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DDE programming is always frustrating The reason for this is applications that expose functionality via DDE do not follow any kind of standards The implementation presents a learning curve for each application that uses it For example, manipulating data in an Excel spreadsheet is very different from sending a fax with WinFax Pro Also, there isn t any liaison between a DDE client application and a DDE server application This lends itself to errors beyond the scope of most VB programmers DDE was actually a steppingstone to OLE (Object Linking and Embedding), Microsoft s inter-application communication system You may not have heard of Mailslots Mailslots is a network Application Programming Interface (API) for inter-application communications on a basic send-and-receive level You don t hear much about Mailslots I have tried using it and it didn t live up to my expectations.





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Even before the consolidation of the investment banks, getting coverage was never easy. While there are hundreds of analysts, there are thousands of publicly traded companies. Additionally, most institutional investors will only invest in companies with large market capitalizations, that is, valuations that are over $1 billion. Thus, if the larger sell-side firms want to generate trading commissions, then their research should probably cover the companies with large market capitalizations. That approach potentially leaves thousands of publicly traded companies with no coverage. That explains why many smaller companies don t pursue analysts at larger investment banks. However, many investors buy stock in companies with market capitalizations under $1 billion. In fact, these investors specifically seek out the mid-, small-, and micro-cap companies. As a result, many sell-side firms work with these investors and these companies, and there are research analysts who provide coverage. Finding these analysts is important to a good IR effort because the benefits are too worthwhile to ignore. Some IR professionals do not have a full appreciation for how tough an analyst s job is. IR often lacks a first-hand understanding of what analysts do on a daily basis, how they are paid, and what they are looking for from IR and from management. In preparing for delivery, IR needs to understand these factors, because they can make the act of approaching the analyst simpler and more effective.

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