Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST, Tuesday, October 23, 2007: There
is a natural fear of "high-priced" stocks -- like Google, Apple, and
Research in Motion. Can they go higher, the pundits and the press ask? Yet they
do and they will (my prediction). All three companies are benefiting
by explosive demand for their products and services.
three distort statistics. Mike ORourke, Chief
Market Strategist of BTIG, points out "at the close of todays session
(that was yesterday) the NASDAQ 100 was up 400.55 points year to date. Of those
400 points 206 came from 3 stocks. Apple inc. supplied 127 points, Research
in Motion and Google accounted for 47 and 31 points respectively. Those three
stocks are responsible for approximately half of the nearly 23% the NASDAQ 100
is up year to date. That does not include the effect the additional $13 dollars
Apple gained in the after hours session. This stat gives a whole new meaning
to narrow leadership. Then, on the other hand is it that much different than
the days when Microsoft, Intel and Dell ruled to the roost a decade ago. We
have argued in the past that those companies revolutionized they way in which
business was transacted.
will never cease. After ending 2006 essentially flat, my commodities
fund is up 16.5% after fees this year. This brings up the question of how much
leeway you give managers before bailing.
wonder what God could do, if only He had the money. Or
more precisely what we could do with the money (like education, health care,
medical research, etc.) if it weren't being spent in Iraq and Afghanistan. What
prompted this? President
Bush's latest budget requests yesterday for military operations in Iraq and
Afghanistan would bring the total cost of the wars to more than $600 billion.
Mr. Bush increased
his supplemental war funding request by $45.9 billion for a total of $196.4
billion for the current fiscal year, which ends next September. Most of the
newly sought money, $42.3 billion, would be channeled to the Pentagon and fund
plans outlined by Defense Secretary Robert Gates in Senate testimony last month,
Much of that funding would buy armored vehicles designed to protect U.S. troops
from mines and roadside bombs, and pay for the higher operation costs due to
the expanded size of the 160,000-plus force currently in Iraq. Do you really
think this war is worth the lives and money it's costing us?
your buddies. It's the latest cellphone craze.
Sign for a service that shows where your friends are. There are a thousand more
applications for this technology. We'll see them develop in coming months.
A phone with Buddy Beacon, a tracking service offered by Helio, a mobile
phone service provider.
The New York
Times today has a piece on location tracking. Excerpts:
These Phones Can Find You by Laura M. Holson.
Two new questions
arise, courtesy of the latest advancement in cellphone technology: Do you
want your friends, family, or colleagues to know where you are at any given
time? And do you want to know where they are? Obvious
benefits come to mind. Parents can take advantage of the Global Positioning
System chips embedded in many cellphones to track the whereabouts of their
And for teenagers
and 20-somethings, who are fond of sharing their comings and goings on the
Internet, youth-oriented services like Loopt and Buddy Beacon
are a natural next step. Sam
Altman, the 22-year-old co-founder of Loopt, said he came up with the idea
in early 2005 when he walked out of a lecture hall at Stanford. Two
hundred students all pulled out their cellphones, called someone and said,
Where are you? he said. People want to connect.
But such services
point to a new truth of modern life: If G.P.S. made it harder to get lost,
new cellphone services are now making it harder to hide.
are massive changes going on in society, particularly among young people who
feel comfortable sharing information in a digital society, said Kevin
Bankston, a staff lawyer at the Electronic Frontier Foundation based in San
Kyna Fong, a
24-year-old Stanford graduate student, uses Loopt, offered by Sprint Nextel.
For $2.99 a month, she can see the location of friends who also have the service,
represented by dots on a map on her phone, with labels identifying their names.
They can also see where she is.
One night last
summer she noticed on Loopt that friends she was meeting for dinner were 40
miles away, and would be late. Instead of waiting, Ms. Fong arranged her schedule
to arrive when they did. People dont have to ask Where are
you? she said.
Ms. Fong can
control whom she shares the service with, and if at any point she wants privacy,
Ms. Fong can block access. Some people are not invited to join like
her mother. ...
So far, the
market for social-mapping is nascent users number in the hundreds of
thousands, industry experts estimate.
But almost 55
percent of all mobile phones sold today in the United States have the
technology that makes such friend-and- family-tracking services possible,
according to Current Analysis, which follows trends in technology. So
far, it is most popular, industry executives say, among the college set.
But others have
found different uses. Mr. Altman said one customer bought it to keep track
of a parent with Alzheimers. Helio, a mobile phone service provider
that offers Buddy Beacon, said some small-business owners use it to track
turn off their service, making them invisible to people in their social-mapping
network. Still, the G.P.S. service embedded in the phone means that your whereabouts
are not a complete mystery. ...
California is burning up. My friend has abandoned his house under
the strict police evacuation order in Rancho Santa Fe, California. He does not
expect firefighters if his house catches on fire. He fully expects his $7 million
dream house to burn to the ground. Already over 750 houses have burned. His
area has had not had rain since January. The day temperature is well over 90
and the fires are being fanned by 65 mile an hour winds. The problem is that
the winds pick up burning embers, carry them to distant houses or dry trees
which explode (literally). Other friends in Southern California report that
the local air is almost unbreathable, as clouds of mustard and ochre smoke obscure
the sky. It will get worse. There is no sign of rain. The winds are not dying.
And residents of some places like Malibu know that their communities are now
vulnerable to mud slides with the first heavy rain. More sadness ahead.
Lecture by Carnegie Mellon Professor Randy Pausch. Pausch is dying
from pancreatic cancer, gave his last lecture at the university September 18,
2007. His lecture was called "How to achieve your childhood dreams."
Over a million people have watched it on YouTube. He gave the lecture on Oprah
yesterday. I cried. Here's the YouTube
More urban myth: Readers rushed out yesterday
to check their gas gauges.
And the conclusion?
It's nonsense. Writes one Jim Underwood:
I checked two
cars (as I am sure many other of your readers have done) and your explanation
seems to be backwards. The symbol tells you which side of the pump you have
to drive up to. If the filling nozzle appears on the RIGHT side of the little
gas pump symbol, it means you have to drive up to the pump on this side because
your gas cap is on the LEFT and vice versa.
n my small
fleet of three cars (real cars, no SUVs or trucks) each from different a manufacture
and different ages only one gas gauge points to the tank side while the other
two point upwards, perhaps the two smarties are predicting the cost of oil?
And the moral
of this stupid story? Once again, don't believe anything your friends send you.
Even the naked ladies my friends send are heavily photoshopped, though the end
result can be pleasing (or amusing).
logic -- 1
A blonde is walking down the street with her blouse open and her
right breast hanging out. A policeman approaches her and says, 'Ma'am, are you
aware that I could cite you for indecent exposure?'
She says, 'Why, officer?'
"'Because your breast is hanging out."
She looks down
and says, "Oh, my God, I left the baby on the bus again!'
logic - 2
A group of Alabama friends went deer hunting and paired off in twos for the
That night, one
of the hunters returned alone, staggering under the weight of an eight-point
buck. "Where's Harry?" the others asked.
a stroke of some kind. He's a couple of miles back up the trail," the successful
Henry laying out there and carried the deer back?" they inquired.
call," nodded the hunter. "But I figured no one is going to steal
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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