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To: David Bogdanoff who wrote (962)	7/16/1999 12:19:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 1060

back on m. murphy. this excerpt from a report i got today touting his views shows what an idiot he can be in terms of timing "...Michael Murphy, mutual fund manager and editor of California Technology Stock Letter made a bold move and shorted many of the Internet stocks around the beginning of the year. He has recently covered all of his short positions and thinks there will be many positive earnings surprises in the technology sector that will push the Internet stocks further up through a coat-tail effect..."