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Pastimes : CTSL

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To: Dophano who wrote (1247)1/29/1999 9:00:00 PM
From: allen r.  Read Replies (1) of 1354
 
FWIW, I subcribed for a couple of years and was dissappointed. Murphy seems to focus on small firms with supposedly good technology. Doesn't alway seems to work out well though.

See forbes magizine a couple of issues back. Hubert shows Murphys average annual gain to be 0.2 percent per year (annualized) since 8/31/87. Thats right, he is essentially break even over this period. Wilshire 5000 had average annual gain of 14.1 percent/year same period.

Believe there are better folks to follow. For a guy focusing on tech, he sure missed the bigs gains in the sector intel, cisco, microsoft, dell, compact, etc., etc., etc.

For sure he is an interesting read, but doesn't know how to make money in my view.

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