Word: johnsonism
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...easy. Even though it will be one of two exclusive casino operators, unlike Macau or Las Vegas, where there is fierce competition within a much larger pool, analysts and investors have set their initial expectations for Sentosa's gaming revenues "far too high," says Citigroup analyst Dominic Noel-Johnson. To meet Citigroup's relatively conservative 2011 gaming revenue estimate of $1.2 billion for Resorts World Sentosa - more than a third less than the consensus of other brokerage houses - every single foreign tourist expected to come to the island that year would have to visit either one of Singapore...
...that likely? No, Noel-Johnson says, even though such robust expectations are clearly reflected in the high price of Genting Singapore's stock, currently the most expensive gaming stock in the world. According to Noel-Johnson, Genting Singapore is trading at an estimated price-to-earnings ratio of over 60 for the current fiscal year. Even though he believes Resorts World Sentosa has the potential to be "a long-term success," Citigroup has slapped a "sell" rating on the stock...
...book Crystals in the Sky, which combined his observations of rock art with the cultural data recorded nearly a century earlier by legendary ethnographer John P. Harrington. But when others went into the field to check out Hudson's claims, "much of it was pretty unconvincing," explains anthropologist John Johnson of the Santa Barbara Museum of Natural History. "That's what caused people to get skeptical about archaeoastronomical connections." (Garry Wills on three perspectives on Christopher Columbus...
That reluctance ruled for three decades until Saint Onge presented his findings to Johnson, a bookish researcher who isn't one to rock the academic boat with unsubstantiated suggestions. But Johnson was so impressed that he co-authored the journal article and is now quite open to the idea that the rock art he's studied his whole adult life might have something to say about the stars. "Whether we're right or not, I don't know, but we keep finding things that strengthen the idea," says Johnson. "And if we keep finding ethnographic support for it, I feel...
...Johnson and Saint Onge are most satisfied that the arborglyph is confirming what they've long known: that, despite centuries of being classified by historians as merely hunter-gatherers, the Chumash lived in a very complex and sophisticated society. Those sentiments are echoed loudly by Joe Talaugon, a 79-year-old Chumash elder who visited the site early on with Saint Onge and is also a co-author of the study. Although he says that the Chumash people's traditions were "stripped" by the Spanish mission system that ruled California 200 years ago, Talaugon believes that the arborglyph...