Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM Thursday, September 15, 2005: I'm
tempted to sell the QQQs short, as a classic hedge. The market has become
squirrely with heavy losses in the past several days. Katrina's impact is becoming
more evident. The Feds meet next Tuesday. Will they continue to raise rates?
Will they hold them? What will Greenspan say? In this uncertain short-term world,
it seems to me that stockmarkets must drift.
Google is about to raise $4 billion: Why?
Does Google face $4 billion of opportunities? Absolutely NO. Then why? Clearly
because they can. It's a nice additional war chest for a rainy day. It's also
management's way of saying $295 is about as high as it thinks the stock is going
to get, for now. And what with the added dilution from
the 14 million shares it's now selling, it may be right. Good time
to take your profits on Google.
to get the Internet to work for your customers: I point to VistaPrint.
Buy yourself something -- some business cards, some letterhead. Watch magic
in action. Think how you can apply VistaPrint ideas to your business. Click
to get less spam: Get a much longer email address. Get an address
with more than 12 characters and numbers in front of the @ sign. You will receive
less spam. I promise. Try something like RobertWilliams2006@....
something you probably don't want:
It's Gillette's new Fusion razor, which has -- get this -- five blades
versus its present biggest-selling Mach3 razor (which I use) which has only
three blades. In deciding to cannibalize its Mach3 line (a gutsy decision),
Gillette is eyeing the $10.4 billion a year market which men worldwide spend
on shaving. Yup, that's right. $10.4 billion.
something you really don't want. Trust me.
This is a cell phone called Vertu. It costs $31,850. I have never seen
one. I have seen the specs. They're wimpy. The phone comes in Platinum, white
or yellow gold and stainless steel. I do not make this stuff up.
The French are having their problems. The
official unemployment rate exceeds 10% (ours is under 5%). The French
unemployment rate would be far worse except for some tricks. The French have
created a category of "intermittent" workers -- actors for example
-- who draw benefits from the government when not at work, but who are not counted
as unemployed. Ditto for the 32-year-old graduate students extending their education
indefinitely. Ditto for the displaced factory workers who get themselves classified
as "disabled." Ditto for workers in the electrical and natural gas
monopolies who are permitted to retire at age 55.
But the French have a solution: BATON ROUGE,
LA. The White House announced today that President Bush has successfully
sold the state of Louisiana back to the French at more than double its original
selling price of $11,250,000.
Bush and a giddy Jacques Chirac shake hands on the deal.
This is a bold step forward for America, said Bush. America
will be stronger and better as a result. I stand here today in unity with French
Prime Minister Jack Sharaq, who was so kind to accept my offer of Louisiana
in exchange for 25 million dollars cash."
Jack understands full well that this ones a fixer upper,
The move has been
met with incredulity from the beleaguered residents of Louisiana.
said New Orleans resident Willis Babineaux. Frafer-perly yum kom drabby
Bushs decision has been widely lauded by Republicans.
an unexpected but brilliant move by the President, said Senate Majority
Leader Bill Frist. Instead of spending billions and billions, and billions
of dollars rebuilding the state of Louisiana, weve just made 25 million
dollars in pure profit.
indeed a smart move, commented Fox News analyst Brit Hume. Not only
have we stopped the flooding in our own budget, weve made money on the
deal. Plus, when the god-awful French are done fixing it up, we can easily invade
and take it back."
The money gained
from 'The Second Louisiana Sale' is expected to be pumped into the rebuilding
to be successfully married:
While attending a Marriage Seminar dealing with communication, Tom
and his wife Grace listened to the instructor,
"It is essential that husbands and wives know each other's likes and dislikes."
He addressed the man,
"Can you name your wife's favorite flower?"
Tom leaned over, touched his wife's arm gently and whispered, "It's Pillsbury,
A memorial service for Tom will be held on Sunday.
+ Manhattan Pharmaceuticals: Click
+ 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 mighty interesting.
If you click on a link, Google may send me money. That money will help pay Claire's
law school tuition. Read more about Google AdSense, click
here and here.