Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST, Thursday, July 26, 2007: The
brain is where it's at. I'm losing the second set 1-4. I say to myself "Wake
up. You can do better." 45 minutes later I win 7-5. I'm not bragging.
I'm simply reminding myself. This morning I'm exhausted. The exhaustion feels
of the day: Riverbed Technology (RVBD) will report earnings this
evening. They should be much higher. The company has neat technology that allows
companies (i.e. its customers) to substantially speed up their internal data
networks. The payoff is in hugely lower communications costs.
Riverbed's opportunity is enormous. Most companies' internal networks
have grown higgledy-piggledy at breakneck speed in recent years. Most companies
have totally underestimated the growth of internal use. Hence Riverbed's huge
opportunity. I own a little. Their web
site explains more. I like the Bloomberg interview.
money continued! Remember
yesterday's piece about free money? Here comes a wonderful follow-up
from a reader:
I thought I was the only one who thought that was too easy to pass up.
All of my existing credit cards kept offering me money at 0% for 12 months.
Some have a fee of up to 3%. Some cap the fee at $75 or 90, others don't cap
By only taking the ones which were at 0% and had fees less than $100, I pulled
out over $100,000 in about 15 minutes. Deposited it all to my BofA AAA account
which is paying 5.3%. Set a reminder in my calendar to pay it off on the last
day possible. That will be over $4000 in interest income for about an hour's
If I had made an effort and applied for new cards (some of which have 15 month
deals, or 2.9% for the life of the balance deals), I easily could have pulled
Just read the fine print on the convenience checks they send you. Some cards
will even do an ACH into your account so you don't even have to go to the
trouble of depositing a check.
I asked Mike if
I could use his words? His reply:
No problem at
all. You might add that:
(1) it will
trash your credit score as long as you have those high balances, so you shouldn't
do this if you think you will be shopping for a mortgage in the next few months
(but you can repair it completely in two cycles -- I recently wanted a new
HELOC so I paid mine off, waited about 1.5 months for the balances on my credit
report to go to zero, applied for the HELOC, then pulled it all back out with
new offers again before the HELOC funded);
(2) you should
keep your utilization per card below 90% to avoid big red flags and possible
adverse action like credit limit decrease at the credit card companies - I
pull out 89% of my credit limit;
(3) ask for
a credit limit increase just prior to pulling it out to maximize your gain;
(4) if you do
this with a business credit card, it does not appear on your credit report.
glad I recommended Apple:
Last night Apple said its profit jumped 73%
and quarterly revenue climbed 24% to $5.41 billion on sustained demand
for its iPods and Mac computers. The company said it sold 9.8 million iPods
in the June quarter, up 21% from a year ago, while Mac shipments rose 33%.
In its earnings
release, Apple didn't say exactly how many iPhones it sold during the product's
first days, instead saying it sold a total of 270,000 iPhones and related accessories,
which includes such things as headphones and carrying cases. The company said
it expects to sell one million iPhones by the end of the current quarter. Steve
Jobs said, "iPhone is off to a great start... and our new product pipeline
is very strong."
Male hospital patients fall out of bed twice as often as female
your company mean and nasty? Is it forcing you to work instead of
visiting FaceBook, YouTube and all those delicious gambling and porn sites?
Well, here's your solution. Use one of these little babies. They offer "free"
anonymous surfing. The real price is watching ads.
* Cool Tunnel
* Proxify .
course, you could work for the brokerage part of Citigroup, where they block
you from going anywhere, including these sites. I think Citigroup has more censors
per capita than the Chinese do.
just got more miserable:
The Wall Street Journal writes how more and more one-aisle 757s with
narrow seats are being used on long-haul flights. The conclusion is to stay
off 757s, meanwhile visiting SeatGuru.com
to minimize your misery. The article is called The
Flights Are Long. The Planes Are Cramped.
of College Contraceptive Discounts
Pharmaceutical companies have stopped offering to universities traditional
discounts on birth-control pills and other contraceptives in a move likely to
more than double the prices paid by students, The Wall Street Journal
reports. The changes, due to a disincentive for drug makers to offer such discounts
created by the Deficit Reduction Act signed by President Bush last year, could
have a significant impact on students served by college health centers, the
Journal says. Students are confronting tough choices between, for example, switching
to cheaper generic contraceptives or having to turn to their parents' insurance
and thus sacrificing their privacy. "One of the seminal concepts in contraceptive
medicine is when a woman is using a method correctly and successfully, the last
thing you want to do is change her from that," Lee Shulman, board chairman
of the Association of Reproductive Health Professionals, tells the Journal.
"College women are at the highest risk for unintended pregnancy,"
she adds, "because they're sexually active, they're very fertile, and they
are away from home."
camera experience: My son is traveling through India with my Canon
SD800. (I am using the slightly newer SD850)
the canon camera battery just ran out after 26 days of use. Taking over 500+
pictures and deleting more than 200 (I.e. a lot of
reviewing with the screen). Pretty awesome. I used the viewfinder
to take all the photos but still very impressive.
P.S. Reason for his email? To justify having "stolen" my spare Canon
battery. (Both cameras use the same battery.) I continue to recommend the Canon
SD850 as the greatest point-and-shoot camera ever created. Remember those cruise
ship cabin pictures I ran a few days ago? Those were taken with the SD850.
never written to you before, but I really need your advice.
I have suspected
for some time now that my wife has been cheating on me. The usual signs; phone
rings but if I answer, the caller hangs up. My wife has been going out with
"the girls" a lot recently although when I ask their names she always
says, "Just some friends from work, you don't know them."
I always try to
stay awake to look out for her coming home, but I usually fall asleep. Anyway,
I have never approached the subject with my wife. I think deep down I just didn't
want to know the truth, but last night she went out again and I decided to really
check on her.
I decided to hide in the garage behind my golf clubs so I could get a good view
of the whole garage when she arrived home from a night out with "the girls".
When she got out of the car she was buttoning up her blouse, which was open,
and she took her panties out o f her purse and slipped them on. It was at that
moment, crouching behind my clubs, that I noticed that the graphite shaft on
my driver appeared to have a hairline crack right by the club head.
Is this something
I can fix myself or should I take it back to the pro shop where I bought it?
of the popularity of the Survivor shows, several southern TV Stations are joining
together and are planning to do their own, entitled: "SURVIVOR-- SOUTHERN
will start in Alabama , travel over to Georgia and on t o South Carolina . From
there they will head up to North Carolina and over to Tennessee . They will
then proceed down to Mississippi and Louisiana finally ending up back in Alabama
Each will be driving
a pink Volvo with New Jersey license plates and large bumper stickers that read:
I'm Gay, I'm a Vegetarian, NASCAR Sucks, Go Yankees; Hillary in 2008, and Deer
Hunting is Murder!
The first one
who makes it back to Montgomery alive, wins.
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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