Every Investors Guide to High-Tech Stocks (Every Investor's Guide to High-Tech Stocks & Mutual Funds) (Hardcover)

~ Michael Murphy (Author)

Editorial Reviews

Amazon.com Review

As the stock market has risen to ever-greater heights in recent years, high-tech stocks have led the way. But how many investors, though up to their ears in tech stocks, truly understand what they own? Michael Murphy, editor of the California Technology Stock Letter, makes it his business to understand the breakthroughs in science and engineering that are reshaping our lives. His book, Every Investor's Guide to High-Tech Stocks and Mutual Funds, is a useful guide for investors, both beginners and pros. It includes rundowns on the latest trends in semiconductors, computers, software, communications, and medical technology. This second edition includes a chapter on investing in Internet stocks. Murphy presents his own strategy for picking tech stocks, and offers recommendations of stocks and technology mutual funds that may have the best long-term prospects.

From Library Journal

A Wired columnist and the founder and editor of the top-rated newsletter California Technology Stock Letter, Murphy gives advice on investing in high-tech stocks.
Copyright 1997 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

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Product Details

• Hardcover: 320 pages
• Publisher: Broadway; 2nd edition (December 29, 1998)
• Language: English
• ISBN-10: 0767903307
• ISBN-13: 978-0767903301
• Product Dimensions: 9.8 x 6.5 x 1.2 inches
• Shipping Weight: 1.3 pounds
• Average Customer Review: 3.7 out of 5 stars  See all reviews (12 customer reviews)
• Amazon.com Sales Rank: #4,620,770 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

21 of 23 people found the following review helpful:

5.0 out of 5 stars At last I understand technology, January 17, 2000

By	Richard S. Loe (USA) - See all my reviews

This review is from: Every Investor's Guide to High-Tech Stocks and Mutual Funds, 3rd Edition: Proven Strategies for Picking High-Growth Winners (Every Investor's Guide to High-Tech Stocks & Mutual Funds) (Hardcover)

I've been working in computer R&D since the late 60's. I was jealous of friends who paid for their Silicon Valley houses using investments in Hi-Tech. The field just seemed too confusing and too volatile. Now it's like the gold rush of 1849 and even crazier. I found Murphy after a search of Amazon.com and what a great book! He explains the industry and it all fit together with what I knew from experience. A subscription to Murphy's California Technology Stock Letter resulted in a 97.9% increase in my portfolio for 1999 with half of it invested in index stocks. Note that none of the Hi-Tech picks were in internet stocks. (Murphy performs detailed fundamental analysis and believes in value. Only recently has he added any internet stocks.) Note that he concentrates on the Western USA since he insists on face to face discussions with the CEO before making a recommendation. Some complain that Murphy doesn't understand biotech - well his biotech picks are hot now. Others say look at his mutual funds - a fair complaint in 1998 but 1999 his technology fund was up 97%. So if you want to understand the Hi-Tech and Bio-Tech industries you have to read Murphy.

14 of 15 people found the following review helpful:

5.0 out of 5 stars Fantastic! The New Economy and how to invest in it., February 2, 1999

By	Team coach from TX (Austin, TX) - See all my reviews

I have been working in the high tech field for 15 years and must admit I didn't do a great deal of investing in it. I feel so STUPID now, after reading Murphy's book. If only I had sat down and thought through some of the facts. So much of what he says I knew was true, but his genius is in what he does with the basic facts. I am convinced here lies great wealth. Growth flow and how it considers R&D spending is so simple, and like so many simple thoughts, very powerful. I hesitate to say too much, because in one sense I don't want to let the word out, but it already is. So my advice is to read it!

I can't say enough good things about this book. I have an MBA from a well recognized business school and this is simply the best book on investing I have ever read , and I've read a few. A must read for anyone who wants to be in charge of their investing destiny well into the next century.

Buy, borrow or relieve someone you know of this book!

29 of 35 people found the following review helpful:

1.0 out of 5 stars The author did very poorly for his own mutual funds!, November 9, 1999

By A Customer

I checked out the book from local library. It looks interesting. I flipped through the book and found out that the author manages two mutual funds: "Murphy New World Biotechnology Fund" (MNWBX) and "Murphy New World Technology Fund"(MNWTX).

I checked the funds performances. They are the bottom of the same fund category since the start of the funds. I returned the book right away.

Are the strategies proven winning strategies? I don't think so. Save your time and money. Otherwise, you'll only get some wrong ideas and even lose tons of money like the author did.