Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
AM EST Friday, January 19, 2007: There is enough evidence
around now that puts on tech stocks may be among the greater investment
plays of the next few months.
that things aren't great: IBM, Motorola, SAP, AMD, Intel, Texas Instruments,
Cre, California Micro Devices, Xilinx, Altera, Lattice Semiconductor, PMC Sierra
The problems are
few new "must have" technologies, relentless price cutting in technology,
reduced consumer buying and a slowing economy, pushed down by the cratering
latest newsletter "The High-Tech Strategist" reports his put
options include Best Buy (BBY), CDW Corp. (CDWC), SanDisk (SNDK), Texas Instruments
(TXN), Lam Research (LRCX), KLA Tencor (KLAC), Nvidia (NVDA), Research in Motion
(RIMM), Apple Computer (AAPL), Intel (INTC), Microchip Technology (MCHIP), STMicroelectronics
(STM), Amazon (AMZN), International Rectifier (IRF), On Semiconductor (ONNN),
Motorola (MOT), Dell, Xilinx (XLNX), Applied Materials (AMAT), NetLogic Microsystems
(NETL), and Novellus. (NVLS). His biggest put options are in those companies
with a heavier exposure to the consumer, including Texas Instruments, Motorola
and Research in Motion (RIMM).
New Zealand is a paradise, of sorts.
It's gorgeous. My friend emigrated there three years ago. New Zealand is beautiful,
small and unhurried. But...
friend reports that on two occasions he was verbally assured something would
happen... only to have the vendor come back and say "That's not what's
in the contract."
My friend also reports that the smallness of the country means little competition,
which means things happen often way past their deadline. There's nothing you
can do, except accept it.
The locals like it small and backward. A fellow invested over $1 million in
a new restaurant. One neighbor complained of evening noise. The local council
now insists all the customers be out of the restaurant by 8 PM. I have several
other stories of one local complaint having a major impact on a business.
moral of this story: Appearances can be deceiving.
Only 12 hours to live
At his annual check-up Izzy is shocked to learn he has
contracted a deadly virus and has only 12 hours to live.
When he gets home, he tells his wife Sarah of the bad news. Overcome with grief,
she comforts him and says, "Honey, I'm going to give you a night you'll
After making love with a passion they haven't felt in years, Izzy says, "Sarah,
that was wonderful. Can we do it again?"
time it's even more passionate. Sarah is about to doze off when Izzy nudges
her and whispers, "How about another one?"
Sarah, "That's easy for you to ask. You don't have to get up in the morning."
Man walks into a psychiatrist's office wearing only Saran Wrap.
comments, "Well...I can clearly see your nuts."
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 .
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