Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST Tuesday, August 22, 2006: What's
hot next? I thought it might be uranium. People are thinking about building
new plants, more so overseas. None has been built in the U.S. for 30 years.
Need more mulling on uranium. I bet it's about to get short-term hot. ISV
(Insite Vision) and ABT.TO (Absolute Software) are up a little. TriPath
Imaging (TPTH) is sliding a teeny bit. Shareholders are watching if the
$9.25 takeover bid from Becton Dickinson (BDX) actually goes through.
There's some talk that buying TPTH at $8.76 and selling it to BDX for $9.25
will give you a 20% annual return on your money -- assuming the deal closes
and you get your cash in a few months. Meantime, Friday is when BDX's exclusive
of Wall Street is on vacation. The other half wishes it were.
What an exploding real estate market: Remember
the crazy doctor who blew his east side Manhattan house up so his wife wouldn't
get it in a divorce settlement? Well, the house as it was, was worth $4 million.
Now the land as it is sans house, is up for sale at $8 million. The
listing for the newly-vacant vacant lot reads: "Seize this opportunity
to build your dream house!" It touts its location on "a quiet, lovely
tree lined street in New York City's Upper East side Historic District."
The plot is 20' x 100'. That's $4,000 a square foot! The doctor died a few days
after the explosion.
to be back in unhurried New York:
Power Line Adapters for getting the Internet
around your house: Walt Mossberg of the Wall Street Journal writes
today about Netgear's line of neat power line adapters:
You just plug
one of the adapters into a standard electrical outlet near the place where
your Internet connection enters your home. Then, you connect the adapter to
your wired or wireless router. Next, you plug a second, identical adapter
into an electrical outlet in a distant room where you lack an Internet connection.
Finally, you plug a computer (or even a wireless access point) into that second
adapter. There's no setup, no required software and no technicians or tools
When you plug
in a computer into the second Powerline adapter, it's as if that computer
was right next to your cable or DSL modem and router. You are on the Internet
at full speed. If you plug a Wi-Fi wireless access point into the second Powerline
adapter, it will create a wireless network in and around the distant room,
which multiple computers can use.
more on powerline adapters, click
here or click
Back to Austria and the Czech Republic: "Show us some pictures
of your Backroads trip." No problem...
Climbing one of the many hills. Coming down was more fun.
This is a typical Austrian farm house. They have everything under one roof --
living quarters, cow/pig barn and place for all the machinery. The result puts
our McMansions to shame. The second picture is the living quarters. It's on
This is Duernstein, Austria, looking down from the castle which King Richard
the Lionheart was imprisoned for a year. The Austrians ransomed him back to
the English for enough money to build half of Vienna in suitably ornate style.
The river is the Danube. It's not blue.
This library in Vienna, now a museum, is probably the fanciest in the world.
It doesn't have high speed Internet, but it does have 200,000 books, all written
Nice backdrop for a film festival. That's Vienna's town hall.
They're celebrating Kaiser Franz Joseph's 157th birthday. The price of my asking
questions about the omp-pah pah band was a CD of polkas and marching music I
had to buy for $15.
repeat. I do recommend Backroads.
As I wrote yesterday, we went with a company called Backroads,
which builds itself as "an active travel company." They take
care of everything. They provide the bikes, map the route, book the hotels and
chase us in cheery vans loaded with water, snacks and a ride home if our legs
Nice people. Michael and I will go with them again. For more on them, Click
smart women - part 1
The husband had just finished reading a new book entitled "You Can Be the
Man of Your House". He stormed into the kitchen and walked directly up
to his wife. Pointing a finger in her face, he said sternly, "From now
on, you need to know that I am the man of this house and my word is law! You
will prepare me a gourmet meal tonight, and when I'm finished eating my meal,
you will serve me a scrumptious dessert. After dinner you are going to go upstairs
with me, and we will have the kind of sex that I want. After that, you are going
to draw me my bath so I can relax. You will wash my back and towel me dry and
bring me my robe. Then you will massage my feet and hands. Then after that's
done, guess who's going to dress me and comb my hair?"
His wife replied,
"The funeral director would be my guess."
smart women -- part 2
Joe died. His will provided $30,000 for an elaborate funeral. As the last guests
departed the affair, his wife, Helen, turned to her oldest friend. "Well,
I'm sure Joe would be pleased," she said.
you're right," replied Jody, who lowered her voice and leaned in close.
did this really cost?"
"All of it,"
said Helen. "Thirty thousand."
Jody exclaimed. "I mean, it was very nice, but $30,000?"
"The funeral was $6,500. I donated $500 to the church. The wake, food and
drinks were another $500. The rest went for the memorial stone."
quickly. "$22,500 for a memorial stone? My God, how big is it?!"
a half carats."
column is about my personal search for the perfect investment. I don't give
investment advice. For that you have to be registered with regulatory authorities,
which I am not. I am a reporter and an investor. I make my daily column -- Monday
through Friday -- freely available for three reasons: Writing is good for sorting
things out in my brain. Second, the column is research for a book I'm writing
called "In Search of the Perfect Investment." Third, I encourage
my readers to send me their ideas, concerns and experiences. That way we can
all learn together. My email address is .
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