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To: MAELING who wrote (1319)1/1/2000 11:29:00 PM
From: wolfdog2  Read Replies (1) | Respond to of 1354
 
Maeling, consistency appears not to be one of your strong suits. I'm interested in MM's picks precisely because he does turn up some good values, as you suggest. I have no intention of sharing with you or anyone else what MM writes in his newsletter. I pay good money in order to receive it. If you would like to know what he has to say, I suggest that you subscribe to his newsletter!

You also seem to misunderstand his growth flow model. He does not treat it as good will. Venture capitalists frequently try to buy companies at a price equal to a multiple of the money already invested. This is what MM is trying to do as well. The model does have a serious flaw, but I'll leave it to you to figure that out for yourself.

Finally, I have no intention of defending MM's picks. I use him as a source of information. I have done very well with his picks. His timing has not always been the best, but you seem to have discovered that yourself.

I have no objection to people criticizing MM. In fact I have done so myself on more than one occasion. However, I would prefer if the criticism were civil and informed. You seem to fail on both counts.



To: MAELING who wrote (1319)1/2/2000 2:41:00 PM
From: Robert Mayo  Read Replies (1) | Respond to of 1354
 
My suggestion to guys like you who can't stand criticism of MM, get out of the kitchen. If you don't want to share what's in his newsletter, expect ridicule. The idea of these boards is to share investment ideas whatever the source, whatever the bias. We all know "investors" who had a good year pulling slot machine levers on riverboats and Indian Bingo Parlors. Just because I never pulled one of those levers doesn't mean that I can't have a little fun with the "investors".

If you can't logically defend a MM pick, are you an investor or a kneejerk acolyte?


Over the years I've made more money than I've lost with Murphy's picks. I don't try to replicate his portfolio, but I use his newsletter as a source for ideas.

Frankly, I don't feel any obligation to share copyrighted material with you. If you want specifics, subscribe.

This board was setup with the best intentions, but quickly deteriorated into a forum for anti-Murphy rants. In retrospect, the outcome was probably predictable.

Bob