Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST Tuesday, July 25, 2006:
Yesterday may have been significant.The S&P
did not break through its trendline, but bounced off it and went upwards. This
means, in charting language, stockmarkets are going higher. Red means down.
White means up.
a new TV? It should work with 1080p. That's the new and top
high definition. It should also receive HDMI input. That's the new way
of moving high definition video signals around. 1080p is the standard
for filming digital motion pictures. These movies will be shown in theaters
upgraded to and equipped with 1080p digital projectors.
inviolate one year rule: If you haven't worn it in the last year,
throw it out.
now buys you $250,000: Three years ago it cost
$250,000 to put up a sophisticated web site. Now, with thanks to programmers
in India, you can get one programmed for $15,000. Amazing the price reduction.
your calendar: This Thursday at 11 AM, TriPath
Imaging holds a conference call to discuss the Company's second quarter
2006 financials. You can listen on 888-344-3716 or on 706-634-4926. ID number
3254252.The stock was a favorite of mine for eons. But management disappointed
by fluffing FDA submissions and over-estimating sales growth. Many large institutions
sold TriPath in recent months because of their unhappiness with management.
Things, I believe, have improved. We should hear more about FDA submissions
and faster growth. One neat motivation: Their largest customer, Quest Diagnostic
has millions of warrants that don't have any value until at least 50% above
where TriPath's stock presently is. If things do work out, the best news is
that all the companies in the health imaging business -- Digene, Cytyc, Ventana
and Genprobe -- sell for much higher multiples.
your backup system work? 25,000 airline travelers
were stranded for an hour in LA because no one tested the backup emergency generator.
Ditto for commuters on the Roosevelt Island Tram in New York. What about your
emergency generator? Does it have gas? What about your data backups? Have you
ever tried to restore your work? PC Magazine wrote "We've heard
too many stories of readers convinced they were backing up properly only to
find that nothing was actually written to disk."
Hot weather preparation: Heating
and cooling accounts for about 45% of your energy bill. Hints:
1. Change your air conditioner filters.
2. Clean the condenser fins on your refrigerator.
3. Buy only gadgetry with the Energy Star sticker.
4. Tighten up your home. Seal up the leaks.
5. Do laundry late at night when it's cheaper.
about advertising on the Internet? There's a useful, short summary
of how Pay-per-Click search engines work. Click
Central vacuum cleaners are cleaner: Conventional
vacuum cleaners spew dust and allergens back into the air. Central ones blow
the crap outside. That's one reason the sale of central vacuum cleaners is booming.
New York? Come see the Apple Store: It's in
front of the GM Building. We went last night at 9:30 PM. It was packed.
You get to the store through a huge glass cube stuck in the center of the
GM Building's erstwhile empty terrace.
This is what the store looks like straight on.
The actual store is one floor below the street. You can get to it via stairs
or by this cool glass elevator.
Take your computer problems to the Genius Bar. They'll solve your problems.
They all look like nerdy geeks. And they probably are. They're unbelievably
This is me holding one of Apple's big screens.
Another brilliant idea. A lower desk designed
for children. The store is open 24 hours a day. Cool.
History Lesson: The suicide bombing of our
Marine barracks in Beirut in October 1983 which killed 241 Americans was perpetrated
A wonderful cartoon, from a recent Readers Digest:
there's a coincidence?
Having looked the other way for weeks, the boss finally called Smith into his
office for a sit-down.
"You know, Smith," he said, "I've noticed that every time you
have to take your dear old aunt to her doctor, there's a home game over at the
"Wow, sir, I guess you're right," Smith answered, "I didn't realize
it. You don't think she's faking it?"
-- from Readers Digest.
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. Read more about Google AdSense, click
here and here.