Harry Newton's In Search of The Perfect Investment
Technology Investor. Harry Newton
AM EST, Tuesday, August 11,
2009. The news is of recovery. The stockmarket is
not so accepting. It's slumping into traditional summer doldrums. It wouldn't
hurt to take some gains off the table for now. And begin to think of shorting
some. That's my call.
bulls continue to fight the bulls. "It's a bull market, and the recession
is history." Writes James Stack of InvestTech Research, this is "the
most unloved bull market in history."
writes, "How do we know for certain that what we're living through is not
a normal correction of a major bear market decline? Remember, every movement
in the market, large or small, is entitled to a correction."
There you have
it. I remain wary. I'd hedge with some shorts. Ideas to follow. My money managers
remain wary; they've achieved far lower gains than the market itself. They've
stayed on the sidelines.
backup. Please. A friend called in desperation.
His Outlook is locked. His virus checker scans for hours. It won't stop. Something
is wrong. Seriously wrong. To me, it spells like his hard disk is ready to give
up its ghost. Has he backed everything up? No. does he know that if he loses
the hard disk, the guys that will salvage his hard disk will charge him $2,000
-- far more than the cost of a new computer.
bank "Customer Service" emails.: Every
"bank" and his uncle is send me emails telling my account is messed
up. All I have to do is to go their web site -- which they kindly supply --
and everything will be wonderful. In
fact, It's not true. It's a scam. It's a ripoff. Stronger words to follow.
now, ignore emails from "banks" you don't do business with -- which,
for me, include Bank of America and Ally Bank. Both have sent
me customer service emails telling me to go to "their sites." These
impostors are fishing for my social security number, bank account number, etc.
war in Afghanistan is unwinnable. I wrote yesterday. We ought to
be out now. Reader Frank Derfler, ex-20 years in the Air Force, emailed:
AND -- They
(the Afghanis) beat:
1. Alexander the Great
2. The British Army
3. The Soviet Army
to find great airfare deals. Courtesy Travel
+ Leisure magazine, August, 2009:
Yapta.com alerts travelers when they can get money back should a ticket price
drop after purchasing.
TripAdvisor.com is the first to include the cost of checking bags in its estimates.
Travelocity, Expedia and Orbitz have recently eliminated their booking fees.
AirFareWatchdog.com alerts you to short-term promotions that can only be booked
directly through the airlines.
When carriers take on new routes, expect a fare war. There is also the new Jet
America, which launched with promotional fares from Newark, Detroit, Minneapolis
Some airlines are twittering exclusive deals via the web -- JetBlue @JetBlue,
VirginAmerica @VirginAmerica, and United @UnitedAirlines.
Buy your tickets on Tuesdays around 3 PM.
Wait until the discount carriers start selling. JetBlue and Southwest only release
tickets six and four months out respectively, so the major players most likely
won't reduce fares until then.
Using frequent flier miles remains the cheapest way to bump up a class. Carriers
release premium seats about 24 hours in advance.
don't buy a Cisco phone system. I've warned
staying away from Cisco phone systems before hand. One reader, who's in the
telecom business, graciously forwarded this email from a client:
Weve experienced problems with Cisco in the following areas. 1st, Reliability
in the 2 ? years that Cisco has been installed we have had several
major outages mostly due to software bugs and the only fix was to upgrade
to the next version. Its very obvious that Cisco releases product without
fully testing. If this were to happen with any other telecom equipment that
I purchased I would be fired. However, in the Cisco world, outages seem acceptable.
2nd Lack of qualified and experience vendors - We are now on our third Cisco
vendor, mainly due to dissatisfaction, and while they are the best weve
used Im still not impressed.
3rd) Lack of features - Simple features such as group page could not be accomplished
without a third party appliance. The reliability and functionality of the
third party appliance has been completely unacceptable. Now Cisco has offered
to replace the appliance with software called burbee and this
will supposedly correct our problems. We also experienced problems with integration
to the NEC switch and AVST voice mail system. Whenever we have problems trouble
shooting it is a finger pointing contest and the problem usually is on the
4th) COST the overall cost has been tremendous and the only people
that will deny this claim would be Cisco and anybody in IT Management who
purchased this junk.
If you need more info just let me know.
Name deleted to protect the innocent! (Telecom Manager at a major healthcare
facility who manages several locations with Avaya, Nortel and NEC. He was
told by C level managers to get rid of that TDM stuff they have
had for several years.)
meaning -- part 2:. It's packing old stuff -- laptops, routers, cables,
speakerphones -- to send to your son's new startup baseness, which presently
can't afford a pot to piss in.
You start in the
shipping department, progress up the ladder to be president. Then you progress
down the ladder and end up your career in the shipping department.
for Daddy was to find the 12 volt, 5 amp power supply that belonged to Mag monitor
I'd sent out earlier. I unearthed my stash of power supplies, emailed Michael
the photo and said, "Choose." That wasn't very scientific. But I did
have fun arranging the decades-old power supplies for their one moment of fame.
If you're looking
for an old power supply, email me. I bet it's in this pile somewhere.
"The problem with socialism is that eventually
you run out of other people's money." -- Margaret Thatcher
"Computer hackers managed to shut down
Twitter and my favorite, Facebook, for several hours. In a related story, yesterday
American productivity jumped by 159%." -- Conan O'Brien
"I can't believe he said this -- on his radio show, Rush Limbaugh
recently said, 'Adolf Hitler, like Barack Obama, ruled by dictate.' Yeah. So
folks, it took a while, but Obama has finally won over Rush Limbaugh."
-- Conan O'Brien
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
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