Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM Tuesday, February 7, 2006: I
bought a little Ormat Technologies (ORA) yesterday. They make and run
plants to turn geothermal energy into electricity. They also have plants that
turn waste energy into electricity. There's something heartwarming about an
environmentally friendly electricity generator -- especially one whose fuel
source is on -- all day and night. Unlike solar or wind.
They have become very expensive lately. Their P/E is now 47. But their
annual revenue growth for the last four years has been 41%. That growth should
continue. There are still plenty of places to install plants. Think "Ring
webcast is very persuasive.Click
a laptop? Wait a few weeks. The laptop biz
is on the cusp of a major change -- switching from single process microprocessor
to dual core ones, which are allegedly faster (at least for some things). This
means that old style laptops will get really cheap. And you'll have more choice
among the newer ones, most of which have yet to be announced. I would not buy
the new Mac with the new Intel processor. Too early. Let them iron the bugs
Ass Answer #4:
A lady was picking through the frozen turkeys at the grocery store,
but she couldn't find one big enough for her family. She asked a stock boy,
"Do these turkeys get any bigger?"
The stock boy
replied, "No ma'am, they're all dead."
Ass Answer #3:
The cop got out of his car and the kid who was stopped for speeding
rolled down his window. "I've been waiting for you all day," the cop
The kid replied,
"Yeah, well I got here as fast as I could."
When the cop finally stopped laughing, he sent the kid on his way without a
Ass Answer #2:
A truck driver was driving along on the freeway. A sign comes up
that reads, "Low Bridge Ahead." Before he knows it, the bridge is
right ahead of him and he gets stuck under the bridge. Cars are backed up for
miles. Finally, a police car comes up. The cop gets out of his car and walks
to the truck driver, puts his hands on his hips and says, "Got stuck, huh?"
The truck driver
says, "No, I was delivering this bridge and ran out of gas."
Ass Answer #1
teacher reminds her class of tomorrow's final exam. "Now class, I won't
tolerate any excuses for you not being here tomorrow. I might consider a nuclear
attack or a serious personal injury or illness, or a death in your immediate
family, but that's it, no other excuses whatsoever!"
A smart ass guy
in the back of the room raised his hand and asked, "What would you say
if tomorrow I said I was suffering from complete and utter sexual exhaustion?"
The entire class
is reduced to laughter and snickering. When silence was restored, the teacher
smiled knowingly at the student, shaking her head and sweetly said "Well,
I guess you'd have to write the exam with your other hand."
+ Munich, the movie. A must-see. Click
+ Identity Theft precautions. Click
+ Dumb reasons we hold losing stocks. Click
+ How my private equity fund is doing. Click
+ Blackstone private equity funds. Click
+ Manhattan Pharmaceuticals: Click
+ NovaDel Biosciences appeals. Click
+ Hana Biosciences appeals. Click
+ All turned on by biotech. Click
+ Steve Jobs Commencement Address. The text is available:
Click here. The full audio is available. Click
+ The March of the Penguins, an exquisite movie. Click
+ When to sell stocks. Click
This 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 . You can't
click on my email address. You have to re-type it . This protects me from software
scanning the Internet for email addresses to spam. I have no role in choosing
the Google ads. Thus I cannot endorse any, though some look mighty interesting.
If you click on a link, Google may send me money. Please note I'm not suggesting
you do. That money, if there is any, may help pay Claire's law school tuition.
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