Sunday, December 7, 2008

How could it happen that the Careful Movers truck had it rear door damaged, dangerously close to the telephone number. It must have been vandalism, and I caught the truck on its way to the repair shop to fix the door. Taken on Richmond north of University.

Click here to see a few other photos, including the great paint job on the side of the truck.

Saturday, November 1, 2008

Urban Trees - North Embarcadero

Urban Trees is a rotating public art display along the North Embarcadero Waterfront. The exhibit is in the pedestrian area west of North Harbor Drive between West Broadway and Grape Street. This is a rotating art exhibit.

Click here for pictures and information on the artists for the 27 of the San Diego Urban Trees.

Sunday, September 14, 2008

Amsterdam Brings Fiber to the Boat. SDU5 Has Unused Fiber

Amsterdam is bringing fiber to 450,000 residences, including boats, in the City to bring high speed Internet of speeds in excess of 20 Mbps. The only English language coverage is the BBC. This is a little embarrassing because the City of San Diego put in 17,000 miles of fiber in SDU5, but downtown condo owners cannot get access. In 2007 the VoiceOfSanDiego.com put together a very nice story on San Diego's BandwidthBay.org which covers the history of San Diego's subsidizing the installation of fiber in SDU5.

Thursday, September 4, 2008

Who is Steve Francis, and Where Did He Make His Money

Steve Francis is the two-time San Diego Mayoral Candidate (2005 and 2008) who ran through over $5M running to unsuccessfully run for Mayor of San Diego. $5M is a big number to spend to boost your ego. Curious about where Steve got all that money, and how much he has now? Me too. With a little EDGAR we can learn about Steve and his money.

BACKGROUND
"Steven Francis co-founded our predecessor company, AMN Healthcare, Inc., in
1985. He has been an executive officer and director since 1985 and our President and Chief Executive Officer since June 1990. Prior to 1985, Mr. Francis served in several management positions in the hospitality industry. In addition, he served in the Nevada State Assembly from 1983 to 1987 and was elected as the Majority Leader from 1985 to 1987.
"

When Steve served in Nevada, he was a Republican. Even though the Mayor of San Diego does not declare a party, Steve is considered to be aligned with the democrats because of his support from GLBT and unions. Here is some other local news discussing Steve's Nevada Republican views and his new SD views.

So, where did Steve get so much money, that he could spend $5M to run for office. Steve started AMN Healthcare in 1985 and built up his company from nothing to 629M annual revenue in 2004. During that time, Steve sold part of the company and owned 11% of the stock with over 3.2M shares of AMN.

Revenue in 2002 was $775M, and Steve needed to grow the revenue, so acquisition targets were evaluated, which included the MHA Group. To buy MHA, AMN made a bid of stock and cash.

In the April 14, 2005 SEC filing by AMN Healthcare to sell 9,250,000 share of stock, the stock offering filed with the SEC says "Following this offering, Steven Francis and the Francis Family Trust, a family trust of Steven Francis, will hold, either directly or indirectly, 3,283,271 restricted shares of our common stock or approximately 11.4% of the outstanding shares of our common stock. Subject to volume and manner of sale limitations, these shares can be sold pursuant to Rule 144 under the Securities Act. In addition, we have granted these stockholders registration rights as described in “Principal and Selling Stockholders—Registration Rights.” Sales of a substantial number of these shares of our common stock, or the perception that holders of a large number of shares intend to sell their shares, could depress the market price of our common stock."

On September 28, 2005, the Company granted Steven C. Francis stock options to purchase 100,000 shares at $15.47

AMN Healthcare had a closing price on April 14, 2005 of $15.90, which gave Steve and the Francis Family trusts a stock value of $52,204,008.90. That's a nice number to see on penultimate tax day, especially when you don't have to pay tax on it (for those who didn't take Principals of Accounting, you don't pay tax on gains until recognized).

A few months later in October 2005, AMN Healthcare, agrees to buy its competitor, Merritt, Hawkins and Associates (MHA) in a deal with 75% stock, and 25% cash. Click here to see the acquisition agreement.

On November 2, 2005, AMN Healthcare Services issued 2.3 million shares of its common stock and may issue up to an additional 0.8 million shares for payment to certain shareholders of Merritt, Hawkins and Associates (MHA) in connection with the acquisition. The purchase price is comprised of $160.0 million plus acquisition costs estimated to be $1.5 million, the assumption of $5.5 million of debt and an earn-out payment of up to $51.9 million of additional consideration based on the twelve months ended December 31, 2005 performance of MHA, of which $35 million is guaranteed.

For 2006, Steve was to "receive an annual base salary in 2006 of $350,000." On September 25, 2005, as the new stock was going to be issued, the company issued to Steve a "Stock Option Plan" whereby Steve received options on 100,000 shares of stock at $15.47 to prevent a dilution of his total ownership percentage in AMN.

The combined company would have proforma revenue of $889 million for the year ended June 30, 2005. The closing price on August 26, 2008 was $18.54, giving Steve a net worth of over $60M.

Wednesday, August 13, 2008

3 Star Priceline "Name Your Own Price Hotels" in SDU5

In my blog on August 6, 2008, I provided a map of 4 star hotels that participate in Downtown San Diego in Priceline's Name Your Own Price. This is a follow-up of the 3 star hotels that are available in Priceline's "Name Your Own Price," along with a map, and a link to their Tripadvisor.com page, and ranking. If you are wondering where I got the information about the hotels that participate, please see my June 23 article on "Priceline's Name Your Own Price; or How to Find a Discounted Hotel on Your Next SD Visit." If you use Priceline's "Name Your Own Price," you will get one of the seven hotels below. You will not get a hotel that is not on the list below.

If you are looking at the 3* hotels for Downtown and Harbor Island, this is a place where you can save yourself over $125 (<$100 per night for a room typically costing >$225) per night by following the prior link and find your hotel by going to the map of 3* hotels. One of the differences in the 3* and 4* hotel maps is that for the 3* hotels, there are two hotels that are on Harbor Island, which would mean you will need a car if you are coming to SDU5.

Overall Map of the 3* Downtown/Harbor Island Priceline "Name Your Own Price hotels


3* Courtyard by Marriott San Diego
530 Broadway San Diego, CA 92101 (619) 446-3000 - Tripadvisor #19 of 242

3* Doubletree Hotel San Diego Downtown
1646 Front Street, San Diego, CA 92101 (619) 239-6800 - Tripadvisor #136 of 242

1355 North Harbor Drive, San Diego, CA 92101 (619) 232-3861 - Tripadvisor #116 of 242

3* Sheraton Suites San Diego at Symphony Hall
701 A. Street, San Diego, CA 92101 (619) 696-9800 - Tripadvisor #60 of 242

400 West Broadway, San Diego, CA 92101 (619) 239-4500 - Tripadvisor #111 of 242

1960 Harbor Island Drive, San Diego, CA 92101 (619) 291-6700 - Tripadvisor #149 of 242

3* Sheraton San Diego Hotel & Marina (Harbor Island)
1380 Harbor Island Drive, San Diego, CA 92101 (866) 716-8130 - Tripadvisor #100 of 242

Free Quick Downtown Museums to See - Former SD Trust and Savings Bank

Recently I went to a meeting at the The Courtyard by Marriott at 530 Broadway (Broadway at 6th Street). The Courtyard by Marriott is the site of the former San Diego Trust & Savings Bank. In the basement you will find a small museum, with a vault, historic pictures of the bank, and a meeting table set up within the vault.

Alternatively, if you need to have a meeting, there are several nice meeting rooms with several historic pictures of San Diego as well as bank memorabilia.

If you are going to Horton Plaza or the Gaslamp, and have 15 minutes, it is worth the trip. The Courtyard is across Broadway from the Sam Goody in Horton Plaza.

For a map to the museum, please click here

Brew Pubs in Downtown San Diego

On a recent trip, I found a link in a beer trade magazine to GoodBeerMaps.com. GoodBeerMaps.com has a .pdf for all of Southern California brew pubs. Since the Southern California map stretches from San Diego to Paso Robles, so I wanted to make a special walking map for the SDU5, although there are a paltry two places in SDU5. I have added a third.

Karl Strauss, 1157 Columbia St, San Diego, CA 92101
Karl Strauss Web Site (If your a looking for a menu suggestion, try the fish and chips).

Rock Bottom Restaurant and Brewery, 401 G Street, San Diego, CA
Rock Bottom Web Site

Yard House, 1023 4th Street, San Diego, CA
Yard House Web Site

Thursday, August 7, 2008

Revolution Money Exchange - For the College Student and eBay

Ok, this is not specific to downtown San Diego but Revolution Money Exchange is a great way to give that college student a credit card, without letting the card get them in trouble. Revolution Money Exchange is similar to PayPal in that you can transfer money to someone using a Revolution Money Exchange account, or directly from a Bank Account. The difference is in two areas. First there are no fees to transfer money from either a bank to the Revolution Money Exchange (same as PayPal) and you can have a Credit Card associated with your Revolution Money Exchange account. This way you can give that college student $200 for travel money on the Revolution Money Exchange card. If the card is lost or stolen, you just transfer all of the money out of the account, and cancel the bank connections. If your college or high school student is on a trip, and needs more money for an emergency, you can transfer money to the card for the special need.

If you are an eBay seller, you can receive money as a merchant without any fees. I have switched from PayPal to Revolution Money Exchange for eBay auctions. I have a few reasons for the switch. First, after eBay acquired PayPal, if you want to offer PayPal, you have to accept all forms of PayPal payment. This means that if the user sends money by credit card, your account has to accept credit cards. For PayPal, only merchant accounts can accept credit cards. Once your PayPal account is a merchant account, you are charged $0.30 per transaction + 2.35% of each transaction. I don't object paying these fees for PayPal users with a credit card, however, PayPal merchants have to pay this on every transaction. Historically, I found that 1 in 8 payments was using a credit card. This translates to PayPal getting $0.30 per transaction + 2.35% of each transaction, plus the use of my money. After I realized all of the fees I was paying to PayPal, plus the advantages of Revolution Money Exchange, it seemed like an easy switch.

If you like Revolution Money Exchange, you may also want to investigate Obopay.

San Diego's Largest Public Companies

Sempra Energy, number 232 on the Forbes list for 2008

SAIC, number 289 on the Forbes list for 2008

Qualcomm, number 297 on the Forbes list for 2008

Jack in the Box, number 694 on the Forbes list for 2008

Leap Wireless, number 999 on the Forbes list for 2008

Wednesday, August 6, 2008

4 Star Priceline "Name Your Own Price Hotels" in SDU5

You've seen the kitschy Priceline "Negotiator" commercials, and here you can learn the details about how to take advantage of those low prices that your neighbors and business travelers friends are getting. In my earlier post, I discussed how to use the Priceline to find a discounted hotel. Discount means a 4* hotel in downtown San Diego for less than $120 per night on a hotel room that would typically cost $265 or more.

Here you can find a map of the 4* hotels for San Diego Downtown and Harbor Island. If you are looking at the 4* hotels for Downtown and Harbor Island, here is a hint; there are no 4* hotels on Harbor Island. All 8 hotels are in SDU5. Save yourself $150+ per night by following the prior link and find your hotel by going to map of 4* hotels

4* Hilton Gas Lamp Quarter Tripadvisor.com #31 of 242
4* Hotel Solamar Tripadvisor.com #36 of 242
4* Manchester Hyatt Tripadvisor.com #45 of 242
4* Marriott Gaslamp Quarter Tripadvisor.com #13 of 242
4* Marriott San Diego Hotel and Marina Tripadvisor.com Link #42 of 242
4* Omni San Diego Hotel Tripadvisor.com #6 of 242
4* W Hotel Tripadvisor.com link #83 of 242 hotels
4* Westin Gaslamp Quarter (Horton Plaza) Tripadvisor.com #43 of 242

Tuesday, August 5, 2008

Interactive Google Map of SDU5 Neighborhoods

Here is a new map of the downtown San Diego Neighborhoods, including:
Columbia
Core
Cortez Hill
East Village
Gaslamp Quarter
Horton Plaza
Little Italy
Marina

What Are the SDU5 Neighborhoods?

SD is city of neighborhoods and each one has a name, although it can be hard to find that name. For SDU5 the list is easy to find. In those quarterly mailers from CCDC telling us how lucky SD is. If you have not been following the Voice of San Diego, they you may want to read some of the recent stories about the Executive Director of both the Center City Development Corporation (CCDC) and the South Eastern Development Corporation (SEDC) both resigning in the same week in July 2008.

The CCDC does have several nice maps of the downtown neighborhoods.

If you are outside SDU5, you can find your map at the SD City Government page. If you ever wanted to see the pink sidewalks of Burlingame, now you can find it.

Smart Car

In March of 2007, I signed up and paid $99 to get on the Smart Car list. In January 2008, my Smart Car Passion Cabriolet was delivered. Whenever I take the car out, it always draws lookers and questions. On a road trip with the Smart, I decided to become the inquisitor. I have four questions for anyone who wants to talk to me about the Smart:
1. Have you seen a Smart Car before?
2. What do you drive?
3. When looking at the Smart, what are the first three things that come to mind?
4. Would you buy one.

In my first outing, there were three different groups shadowing the car. I spoke to two of the groups, and learned
1. Yes/Yes;
2. 66 Volvo 122S/Chevy Tahoe
3. Clowns; Man, that car is small; Is it Safe; Great Car for Parking; This car should get 60 MPG (I said that I was getting mileage in the high 60s).
4. Maybe, if it got better gas mileage/Only as a car for around the city and not on the highway.

A fourth group came up, and said:
1. Yes;
2. (I'm an idiot. I didn't ask).
3. Its so cute; Dealer is too far; It looks great for parking.
4. Am interested, but the dealer is a long distance from where I live

While I was talking to group 4, a car Saab convertible drove by, and stopped in the street to yell to friends in groups 1 and 2 that they had bought a Smart, then the horns started bleeping to get the traffic moving.

Tuesday, July 22, 2008

Best Site To Find a Used Condo in SDU5

With gasoline at close to $5, and your decisoin to leave the exurbs and move to downtown SD, you have a few choices to help you find that SDU5 condo. My favorites are:

San Diego Condo Information
At this site I like the easy look-up of information, and the low-pressure sell. There is lots of information about the condominium buildings for sale, information about the condominium buildings, and very little pressure to force you to the realtor. This is definitely a realtor's site, however it is more about information, and less about forcing you to contact the realtor to find out about the unit for sale.

Overall - High Rating. Good Information. Easily Researched. Low Realtor Limitation

San Diego Condos
This site is one of the most popular results in a web search on downtown San Diego Condos. This site is high on graphics, and low easy to use content.

In the first web site listed above, all of the units are listed in a row. This web site lists each unit individually, with pictures and additional content. If you are looking for information on a particular condo, this is probably a better site. If you want to see, and compare all of the units for sale in a building, then SDCondo.com is probably better.

The last site is Live At The Top
This site has its information in a realtor style, which, for this reader, makes it difficult to use. When accessing information on a condo, it brings me to a screen, and I have to scroll within that screen, which takes up about 40% of my laptop's computer screen. Overall, it seems like a site with good information that is poorly presented.


As always, if you are looking for what someone paid, there are several resources, including
Zillow

San Diego County Assessor and Tax Recorder

Monday, July 21, 2008

Who to Call for a Problem in SDU5?


If you have a problem, and don't know who to call, the CCDC, has prepared a 2008 Downtown Living Guide to make your transition to SDU5 (San Diego Under 5) easier.

One of the best items that I like about CCDC's downtown living guide is the list of telephone numbers to call when you have a complaint.

Monday, July 14, 2008

Multiple Jumps to Get to Coronado NASNI - Broken Certificate

From a search on Google for "Coronado NASNI" (Naval Air Station North Island), it takes three jumps to get you to the current web site for NASNI. The Google search for Coronado NASNI brings you to the site www.nasni.navy.mil. Clicking www.nasni.navy.mil brings you to a web page which says "www.nasni.navy.mil URL has changed to www.nbc.navy.mil

You will automatically be redirected to www.nbc.navy.mil in 5 seconds. If your browser doesn't automatically load, click HERE."

When you get to http://www.nbc.navy.mil/, you get a similar forwarding message saying,

"This site has moved. You will be automatically redirected to its new location in 10 seconds. If you aren't forwarded to the new page, click here. - https://www.cnic.navy.mil/coronado"

When you click on https://www.cnic.navy.mil/coronado, it brings you to an site with an invalid security certificate which reads

"Secure Connection Failed

www.cnic.navy.mil uses an invalid security certificate.

The certificate is not trusted because the issuer certificate is unknown."

Thursday, July 10, 2008

Electa Owners Forced to Footage Umpire

Unit owners of Bosa's most recent San Diego luxury downtown condominium, the Electra, at 700 West E Street, San Diego have been complaining about the size of the square footage of their units, and at least one prospective unit owner tried to bring it to the judge. The owner's complaints are that the square footage of the marketing materials does not match the measurements. Hey, you should have asked if the if the footage was measured using the US or Bavarian square foot.

The outcome of Avila vs. Bosa, et. al. (37-2008-00078262-CU-OR-CTL) requires that the parties go to arbitration and that the litigation is "stayed" (layman translation = no day in court) pending arbitration. The order in this case says "Court grants defendant Bosa motion to compel arbitration as to the 3rd thru 6th causes of action. The 1st and 2nd causes of action are stayed pending arbitration.

Wednesday, July 9, 2008

Zoom Airlines from SDU5 to London



Zoom Airlines now flies non-stop from San Diego to London Gatwick with fares beginning at $315 USD, including a fuel surcharge.

Tuesday, June 24, 2008

FTTD in SDU5 - The Free Coronado Ferry; or Why the IRS is Auditing My Taxes Every Year

San Diego has lots of water, and you want to get way out into the water, but your condo was mortgaged against your boat, and now you've lost them both. A Free Thing To Do (FTTD) is to ride the morning commuter ferry. A morning Hornblower ferry will take you from the Broadway to Coronado's North Island, and the to Coronado's Ferry Landing Marketplace.

Monday, June 23, 2008

Priceline's Name Your Own Price; or How to Find a Discounted Hotel on Your Next SD Visit

When looking for 4 star hotels, for low cost prices, the Name Your Own Price section of Priceline.com, is a great resource for low prices on high quality hotels.

First, pick the city for your next getaway. Since this is the SDU5 blog, we'll use the city that counts. Next, go to Priceline.com, and enter the city and dates. When the results appear, you will see "Name Your Own Price" in the top left. Click on "Name Your Own Price."

The Priceline "Name Your Own Price" map for SD runs from Pendleton to Mexico, so you will need to zoom-in. Since you have decided to avoid the exurbs, click on Map 3 " ."

Next, let's find out which hotels you may get if you select 4* hotels in Downtown San Diego & Harbor Island. There are two resources: BetterBidding.com and BiddingForTravel.com

Both BetterBidding.com and BiddingForTravel.com are to collect recent bids from purchasers using the "Name Your Own Price" at Priceline. com. Both sites also have a "Hotel List" which lists all of the hotels that have appeared in a Priceline.com "Name Your Own Price' winning bid.

For BetterBidding.com in SD, you will see:
Hilton Gaslamp Quarter
Hotel Solamar
Manchester Hyatt
Marriott Gaslamp Quarter
Marriott San Diego Hotel and Marina
Omni San Diego Hotel
Sheraton San Diego Hotel And Marina
W Hotel
Westin Horton Plaza


You can confirm this by going to BiddingForTravel.com, which shows:
Hilton Gaslamp Quarter
Hotel Solamar
Manchester Grand Hyatt
Marriott Gaslamp Quarter
San Diego Marriott Hotel and Marina
Omni Hotel San Diego
Sheraton San Diego Hotel and Marina
W Hotel San Diego
Westin Horton Plaza San Diego

Since both BetterBidding.com and BiddingForTravel.com have the same
hotels, you can be sure that if you are looking for a 4* hotel, you
will only get one of the nine hotels listed above. Next, let's look
at the hotel which have appeared recently, and how much they have
paid.

Next, let's find out the real price of a SD hotel room. As of June 23, 2008, if you look at BetterBidding.com, you will seek
4* San Diego (Downtown-Harbor Island) Omni San Diego $110 ... 5/22/08-5/26/08
4* San Diego (Downtown-Harbor Island) Omni San Diego $108 ... 8/29/08-9/1/08
4* San Diego (Downtown-Harbor Island) Omni San Diego $108 ... 8/30/08-9/2/08

At BiddingForTravel.com you will see
4* Manchester Grand Hyatt 7/12 $110
4* Manchester Grand Hyatt, $99 5/24/08-5/26/08
4* Omni Downtown June 6-11 $112
4* Marriott Gas Lamp Quarter 06/15 $95
4* Omni Hotel Downtown July 17-21 $110

For 4* hotels you should pay $95-112 USD.