Technology Investor 

Harry Newton's In Search of The Perfect Investment Newton's In Search Of The Perfect Investment. Technology Investor.

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8:30 AM Friday, January 27 2006: I'm pumped, again. I met an entrepreneur who has the neatest idea to revolutionize an industry, this time the magazine industry. I come home fired up. Michael, my son, asks some probing questions and my enthusiasm ebbs. Next time, I won't talk with him until the following day. I deserve at least one "up" night.

My friends are psyched about Imclone (IMCL). They like the prospects for Erbitux, the powerful cancer drug. And they like the drugs in Imclone's pipeline. But they also like the idea that the board has finally recognized that Imclone doesn't have the resources to realize its full potential. On Tuesday the board announced it "has engaged Lazard to conduct, in conjunction with management, a full review of the Company's strategic alternatives to maximize shareholder value. These alternatives could include a merger, sale or strategic alliance." Remember too, Carl Icahn probably still owns a good swag of Imclone. My friends figure Imclone reaches $45 within a couple of months. It closed last night at $35.76.

Unsolicited testimonial:


I'm always embarrassed to admit that I've bought a stock based on a recommendation, but I share your enthusiasm for small biotechs and after a little due diligence of my own I have picked up a couple of your picks in my Vegas money pot:

HANA: up 129.34% since purchase
ISV: up 94.45%

Even lowly TPTH which I had finally put a tight stop loss on and assumed would stop out on me anytime has turned around and is up almost 9% for me.

Now if only VQPH would make the bounce.

Keep the ideas coming.


"I have no capital": I've heard this lame excuse for not becoming an entrepreneur several times this week. It's rubbish. There is more money chasing too few deals than there ever has been. Find a deal, an opportunity, a new business, whatever... and your friends will beg you to take their money. "No capital" is another way of saying "I'm lazy!" End of lecture.

Something you really need: This thing costs £9.99.

Here is the priceless promotion:

Do you find it hard to get your partner or the kids up in the morning? Well the Sonic Alarm is the perfect solution to your problem. Getting that grumbling snuffling bulk out from under the duvet in the morning is a challenge you really shouldn't have to bother yourself with. Especially as the thing that emerges is inevitably grumpy and looks like a hung-over swamp monster. Well the Sonic Alarm makes the whole 'getting them out of bed' exercise a very simple, and indeed amusing, operation. Looking like an old-fashioned comedy hand grenade, the Sonic Alarm will wake pretty well anything up. Simply pull the pin, yell an emphatic "fire in the hole" and lob the grenade into the sleeper's room. After ten seconds a very annoying and piercingly loud noise (there are three volume settings) will blast out from the alarm. That's not all however, what makes this especially great is that to stop the alarm the sleeper has to find you so you can put the pin back in. It's stupid, and brilliant, and will be the bane of every over-sleeper on the planet. Parents are going to love this, though the soon to be rudely awoken might not.

If you still want one, click here.

From my dear friends at Time Warner Cable:

Dear Customer,

On 02/01/06, PayXpress On Line will automatically deduct this month's Time Warner Cable bill payment from the credit card, debit card, checking or savings account designated for your recurring online payments on 02/01/06.

Amount Due: 12895.95
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We hope you are enjoying the convenience of PayXpress On Line, and as always, thank you for being our customer.

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Fact of the day:
Half of all Americans over the age of 55 have no teeth.

Now, what was that poem?
TOKYO (Reuters) - A middle-aged Tokyo man found to be living with 10 younger women said he attracted them by reciting an incantation that came to him in a dream. The 57-year-old man's unusual living arrangements came to light when another woman complained to police that he had threatened her after she refused to join his harem, Kyodo news agency said Wednesday.

"I had a dream that told me I would become attractive to women if I recited a particular incantation," it quoted the man as saying. A rapid series of weddings and divorces left the man with a large group of ex-wives, mostly in their 20s and 30s, who shared his surname and continued to live with him.

Two Silly "Did You Hear About" Jokes....
+ Did you hear about the psychic amnesiac? He knew in advance what he was going to forget.

+ Did you hear about the new restaurant that just opened up on the moon? Great food, no atmosphere.

The Australian Tennis Open
The tennis from Australia ends this weekend. You got to watch the semifinals and the finals. They will be incredible, I promise.

The Australian Tennis Open TV Schedule
January 27
Men's Semis/Women's Finals
January 27
Men's Semis/Women's Finals
January 27
Men's Semis/Women's Finals
January 27
Men's Semis/Women's Sinals
January 29
Men's Finals
January 29
Men's Finals

Recent column highlights:
+ Munich, the movie. A must-see. Click here.
+ Identity Theft precautions. Click here.
+ Dumb reasons we hold losing stocks. Click here.
+ How my private equity fund is doing. Click here.
+ Blackstone private equity funds. Click here.
+ Manhattan Pharmaceuticals: Click here.
+ NovaDel Biosciences appeals. Click here.
+ Hana Biosciences appeals. Click here.
+ All turned on by biotech. Click here.
+ Steve Jobs Commencement Address. The text is available: Click here. The full audio is available. Click here.
+ The March of the Penguins, an exquisite movie. Click here.
+ When to sell stocks. Click here.

Harry Newton

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.
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