Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM Wednesday, February 1, 2006: Fortunately,
exists, because I fell asleep very early on. Pres. Bush is not one of the great
orators of all time. This is what he said on alternative energy:
tonight, I announce the Advanced Energy Initiative -- a 22-percent
increase in clean-energy research -- at the Department of Energy, to push
for breakthroughs in two vital areas. To change how we power our homes and
offices, we will invest more in zero-emission coal-fired plants, revolutionary
solar and wind technologies, and clean, safe nuclear energy.
We must also
change how we power our automobiles. We will increase our research in better
batteries for hybrid and electric cars, and in pollution-free cars that run
on hydrogen. We'll also fund additional research in cutting-edge methods of
producing ethanol, not just from corn, but from wood chips and stalks, or
switch grass. Our goal is to make this new kind of ethanol practical and competitive
within six years.
on this and other new technologies will help us reach another great goal:
to replace more than 75 percent of our oil imports from the Middle East by
2025. By applying the talent and technology of America, this country can dramatically
improve our environment, move beyond a petroleum-based economy, and make our
dependence on Middle Eastern oil a thing of the past.
Of course, it's
all nice words and few specifics. My stock recommendation yesterday was
"I'd probably cash in my profits before he speaks, on the basis that, like
sex, anticipation in the stock market is often better than realization."
Here is what happened to yesterday morning's recommendations. Most popped,
many big time. If you're still in them, now might be a good time to get out.
Now that news is out -- and it's so very light on specifics -- these stocks
are likely to ease back. You'll be able to pick them up cheaper later one. For
example, there is absolutely no justification for the huge pop in Pacific
Ethanol (PEIX). The company is still losing more money each quarter than
Carter had liver pills.
For now, we had
a very good run.
One reader emailed me:
sure if its entirely your column that sent some of these alt fuels stocks
up 50% in two days but if it did, congratulations. I dont own any and
the ones that are up the most are mostly wishful thinking so todays
admonition to take profits is a good one. This rally wont last but I
hope you profited from it.
Not surprised by the Google fall: And
you shouldn't be either. I've published cautionary words on Google on January
18 and January
11. Irrespective, I can't see Wall Street falling completely out of love with
Google after last night's disappointment. But I also don't see $500 any time
your kids online: Your
kids are at serious risk when they surf the Internet unsupervised. Kids have
been kidnapped, killed and molested because of the information they gave out
about themselves on the Internet. The BIG recommendations are:
1. Keep the family computer in a common room, not in a child's bedroom.
2. Check what your kids are doing.
3. Warn them about the Internet.
4. Tell your kids never meet anyone in person whom they're "met"
on the Internet. For more recommendations,
Visiting the dentist: Flossing is boring. My dentist says, "No
problem. Just floss the teeth you want to keep."
Pray that BlackBerry loses its patent battle:
I hate my BlackBerry. It's among the worst-designed gadgets I've ever had the
misfortune to own. Sadly, I still have a year or so's service on it. But if
they lose, their patent suit, maybe Verizon will allow me to dump my BlackBerry
data and get a Treo.
Fact of the day: There
is more money being spent on breast implants and Viagra today than on Alzheimer's
research. This means that by 2040, there should be a large elderly population
with perky boobs and huge erections and absolutely no recollection of what to
do with them.
The wife's cooking:
Wife: "The two things I cook best are meatloaf and apple pie."
Husband: "Which is this?"
An 60-year old woman was arrested for shoplifting.
When she went before the judge he asked her, "What did you steal?"
She replied: a can of peaches.
The judge asked her why she had stolen them and she replied that she was hungry.
The judge then asked her how many peaches were in the can.
She replied six.
The judge then said, "I will give you six days in jail."
Before the judge could actually pronounce the punishment the woman's husband
spoke up and asked the Judge if he could say something.
He said, " What is it? "
The husband said "She also stole a can of peas."
+ Munich, the movie. A must-see. Click
+ Identity Theft precautions. Click
+ Dumb reasons we hold losing stocks. Click
+ How my private equity fund is doing. Click
+ Blackstone private equity funds. Click
+ 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 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. 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.