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Technology Stocks : TouchStone S/W (TSSW) -- Ignore unavailable to you. Want to Upgrade?

To: tom r. phillips who wrote (1188)	1/7/1998 1:15:00 PM
From: David Alan Cook	Read Replies (1) \| Respond to of 3627

Tom, Just started reading his book . . . but he seems to advocate using long term charts and an approach similar to Stan Weinstein's stage analysis. He recommends that one should buy shares near the multi-year low in " the low-level period called the base " a period where the so called smart money is accumulating shares. This is the safest long term point to buy shares. He ends the introduction chapter by stating " If you will study these pictures with an open mind, I will show why the ' sleepers ' are the bargains, and that they are the ones that have the largest potential profits. I agree with his approach of buying out of favor stocks and holding them. I also like Al Frank author of the Pruduent Speculator's approach to buying undervalued stocks and holding them until the price reflects the fundamental value. DC Any other recommended books to read?