Every Investor's Guide to High-Tech Stock

Michael Murphy, Author
Michael Murphy, Author Broadway Books $27.5 (304p) ISBN 978-0-7679-0020-1
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Clearly written, well organized, logical and readily understood, this guide will prove indispensable to the self-managed portfolio investor. Murphy, a Wired magazine columnist and editor of his own California Technology Stock Letter, compares today's technological world marketplace to the 19th-century transitional eras of oil, steel, the railroad and the auto, with similarly vast implications for investment. No mere theorist, Murphy details in-plant semiconductor development and production as background for his system of identifying promising ""growth-flow"" companies, whose allocations for research he considers essential. In addition to meticulous instruction in appraising the performance of portfolio candidates, the author provides generous listings of actively traded tech companies and cites figures. Attentive reading of this admirable work could return big dividends. Author tour. (Jan.)
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