Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST, Thursday, September 20, 2007: The
Fed's interest rate cut "saved" the stockmarket -- temporarily. But
it's having serious bad affects elsewhere -- the dollar is cratering. It's over
$1.40 against the Euro. The pound sterling is over $2. And the Canadian dollar
is within micro-inches of trading at par. It's 99.42 cents. The Australian dollar
is 86.34 cents.
most people don't understand is that the Fed really doesn't control interest
rates. Yes, it reduced interst rates by 50 basis points (i.e. 1/2%) but that
only applied to short-term rates. Long-term rates are a function of supply
and demand. In fact since the Fed cut rates, bond yields and mortgage rates
add all this to a rising world-wide inflation and slowing economies -- FedEx
this morning called the U.S. economy "sluggish" -- and you could easily
conclude that this stockmarket rally won't last much longer. Taking a few profits
off the table would not be a bad idea.
stocks I've bought recently: Anadigics (ANAD), BioMarin Pharmaceuticals
(BMRN), EMC, Riverbed (RVBD), Shutterfly (SFLY), Starent Networks (STAR) and
Synchronoss Technologies (SNCR).
I've sat through. CEOs need training on how
to make presentations. I sat through one yesterday in which the CEO:
Chewed gum while he presented. (I kid you not.)
2. Mumbled, letting the ends of his sentences dribble off into oblivion,
so I couldn't hear.
3. Read his PowerPoints off the screen, rather than talking to the audience.
4. Crammed too much information onto each slide, making them confusing.
5. Put incomprehensible jargon and unknown acronyms on the slides.
You get the message.
It was awful. The sad part is the CEO is talented and has good products.
hits New York -- finally: All 277 underground
stations (but not the tunnels) in New York's subway system are to be wired for
cell phone use. It will only take six years to build the system -- about the
same time frame that it's taking to add another set of stairs to my local subway
station -- Columbus Circle.
Airways lost a million bags in the past year or so. Other airlines
are not much better. Please avoid checking your bags. Or send them ahead with
UPS or FedEx.
enough to attack Iran (?)
14, 2007 (RFE/RL) -- Since the creation of the Islamic republic in Iran in 1979,
the acceptability of dog ownership has been debated by the authorities. Iranian
officials say that according to Islam, dogs are considered to be dirty animals,
and people who own dogs are viewed as being under Western influence. Some conservative
clerics have denounced dog ownership as "morally depraved" and say
it should be banned.
leader Hojatoleslam Gholamreza Hassani, who is known for his hard-line stances,
was quoted a few years ago as saying that all dog owners and their dogs should
In the past, dog
owners have received warnings or were forced to pay fines for having a pet dog.
Despite such harassment, dog ownership has increased over the years, especially
among young people in Tehran.
One of them is
23-year-old Banafshe, whose dog was recently detained in Tehran for 48 hours
and then released on bail. Banafshe says she was walking her young puppy, Jessica,
when Iranian police snatched the dog and took her to a dog "jail."
The dog's crime was "walking in public."
the police insulted her, but out of fear for her dog, she didn't protest. She
said she told the police that Allah says in the Koran that nothing bad has been
created in this world.
to age-old questions.
Q: Where can women over the age of 60+ find young, sexy men, who
are interested in them?
A: Try a bookstore under fiction
Q: What can a
man do while his wife is going through menopause?
A: Keep busy. If you're handy with tools, you can finish the basement. When
you are done you will have a place to live.
Q: How can you
increase the heart rate of your 60+ year old husband?
A: Tell him you're pregnant.
Q: Why should
60+ year old people use valet parking?
A: Valets don't forget where they park your car.
Q: As people age,
do they sleep more soundly?
A: Yes, but usually in the afternoon.
Q: Where do 60+
year olds look for fashionable glasses?
A: Their foreheads.
Q: What is the
most common remark made by 60+ year olds when they enter antique stores?
A: "I remember these."
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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