Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM Friday, July 22, 2005: Continuing
nice earnings news: Microsoft's net jumped 38%. Google quadrupled. SAP rose
16%. Caterpillar 34%. Coca-Cola 9%. Nokia 15%. Ericsson 16%.
a 21% rise in profit and said it sees no sign that the economy is weakening.
It should know. It's the world's largest package deliverer. It brings lucky
people 14.1 million packages a day.
I'm psyched about the stockmarket's potential for the rest of the year. It should
do much better than floaters, my strange measure.
Imaging (TPTH) is bouncing back. It announces earnings and has an
11 AM conference call on Thursday, August 4.
Dumb me: I should have seen eBay coming.
Seems eBay is the only place to shop these days. eBay routinely saves me 40%.
What's neat is the number of people it's put into business. If your friends
are looking for work, tell to become an eBay seller.
I bought and sold Caterpillar: Cramer
pushed it. It rose. It announced good earnings, as he predicted. But then it
started dropping. I sold it. A reader writes how depressed he is that I have
become a Cramer groupie. My reply: Cramer is entertaining. He
does move the market. He has plenty of ideas. And occasionally one of them is
interesting. Last night, after the latest London bombings, he pushed security
stocks. No interest to me. I made a few hundred bucks on the Caterpillar trade.
are nice real estate opportunities around: They're
increasingly in places the BIG developers have ignored. I heard a pitch yesterday
for 200-apartment development in the Albany area of upstate New York. Albany
is New York's state capital. That gives it a solid base, like Washington, D.C..
Better, Albany and surrounds are emerging as the country's nanotech capital.
GE has a big R&D plant up there, also. Dig this: $63 a square foot on construction
costs, to yield apartments that easily rent between between $850 and $1,200
a month. Build it, rent it fully and then sell it. You're looking at a 25% annual
return on your money, conservatively. I'm skeptical about the $63 a square foot
(which includes the land). But I'm assured it's possible. I'm building a new
house, about 45 minutes from Albany. Cost will be $260 a square foot.
jet paper has a short shelf life. When it's "old," it produces
awful orange prints. Personally, I don't bother making prints. YorkPhoto.com
makes a beautiful 4 x 6 glossy print for a dime. I can't do better than
Keep the mosquitos and bugs away: West
Nile virus kills. It is born by mosquitos. DEET keeps the mosquitos away. DEET
comes in various strengths. The more DEET, the longer the protection. OFF! Deep
Woods has 23.8% DEET and will keep mosquitoes away for at least five hours.
Other insect repellents that contain new ingredients (i.e. not DEET) recently
recommended by the Centers for Disease Control and Prevention include Cutter
Advanced (active ingredient picaridin), Repel Lemon Eucalyptus (p-menthane-3.8
diol) and Off Botanicals (p-menthane-3.8 diol).
OFF! Deep Woods has the most DEET. I hate being bitten by anything.
All good humor involves reverse logic. It's
my favorite form. Samples:
"Susan, please close the window. It's cold outside."
"Harry, if I close the window, will it get warm outside?"
are you searching for your wallet here when you lost your wallet over here?"
"There's light here. It's dark over there.
worried about your being at the bottom of the class."
Son: "Don't worry, Dad. They teach the same stuff at both ends."
A plump lady walks
into the bakery and buys a cherry pie.
"Would you like it cut into four pieces or eight pieces?" the salesgirl
"Better make that four pieces," the lady replied, "I'm on a diet."
Two tourists are
in Central Park. A bird shits on one.
"Shouldn't you go for a Kleenex?"
"No. By the time I get back with the Kleenex, the bird will be miles away."
A farmer is holding
a pig up to tree while the pig eats acorns on the tree.
The visiting city slicker says "There's a better way. A way to save time."
He shakes the tree. The acorns fall to the ground.
The farmer replies, "What's time to a pig?"
A man hits a bicyclist.
The mangled bicyclist says, "What's the matter with you? Are you blind?"
Car driver: "Blind? No. I hit you, didn't I?"
+ 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 your 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
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will help pay Claire's law school tuition. Read more about Google AdSense,
here and here.