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Technology Stocks : Vitesse Semiconductor

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To: Eye who wrote (2239)	2/5/1999 12:13:00 PM
From: OldAIMGuy	Read Replies (2) of 4710

Hi Eye, One of my favorite book - ever - is called "100 to 1 In The Stock Market" by Thomas Phelps. We're not to that 10,000% gain point yet, but at least we have a good head start. In his book Mr. Phelps states, "The reason people don't make more money in the Stock Market is that they don't set their goals high enough!" He lists about 350 companies that all returned 100:1 over a period of years. Most of the names you would know. He then researches what those companies were like in their "formative" periods and coalesces that information into a stock selection method. VTSS easily fit that early pattern a couple of years ago and still does. Mr. Phelps didn't include a chapter on "Dumb Luck," or maybe I'd be mentioned!! Actually the book is quite old, written in 1971. You may be able to find it through a large public library. Very well written. I can get the ISBN # if anyone's interested. My VTSS account recently crossed the $200K mark, but I started with about $20K committed and have always carried a fat Cash Reserve with me for "rainy days." You have followed Mr. Phelps much closer than I! Best regards, Tom

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