Multiplicative spectra of Banach spaces

The multiplicative spectrum of a complex Banach space X is the class K(X) of all (automatically compact and Hausdorff) topological spaces appearing as spectra of Banach algebras (X,*) for all possible continuous multiplications on X turning X into a commutative associative complex algebra with the unity. The properties of the multiplicative spectrum are studied. In particular, we show that K(X^n) consists of countable compact spaces with at most n non-isolated points for any separable hereditarily indecomposable Banach space X. We prove that K(C[0,1]) coincides with the class of all metrizable compact spaces.

On the spectrum of frequently hypercyclic operators

A bounded linear operator $T$ on a Banach space $X$ is called frequently hypercyclic if there exists $x\in X$ such that the lower density of the set $\{n\in\N:T^nx\in U\}$ is positive for any non-empty open subset $U$ of $X$. Bayart and Grivaux have raised a question whether there is a frequently hypercyclic operator on any separable infinite dimensional Banach space. We prove that the spectrum of a frequently hypercyclic operator has no isolated points. It follows that there are no frequently hypercyclic operators on all complex and on some real hereditarily indecomposable Banach spaces, which provides a negative answer to the above question.