ADVISORY/Is Another Big Market Plunge Looming?
Tech Stocks Guru Michael Murphy Featured On Internet- Streamed Informed Investors Forum Radio Program Thursday April 22
--(BUSINESS WIRE)--
Michael Murphy, Editor of the California Technology Stock Letter
and highly regarded technology stocks analyst, will be the special
guest on the Informed Investors Forum radio program at 11 a.m.
(PDT) Thursday, April 22.
The one-hour show on KFNX (AM -1100) in Phoenix, AZ and
WALE (AM-990) in Providence, RI will be audio-streamed live
and archived via the Internet through Informed Investors Forum's
web site at www.informedinvestors.com. The broadcast is
sponsored by Vcall, Inc. (www.vcall.com).
Murphy is one of the nation's best-known technology experts and
since 1981 has published the newsletter focusing on technology
and biotechnology stocks. Among the companies he follows are 3COM (Nasdaq:COMS - news),
Cymer (Nasdaq:CYMI - news), Informix (Nasdaq:IFMS - news), KLA-Tencor (Nasdaq:KLAC -
news) and many more. Murphy is also author of the book ''Every Investor's Guide to High Tech
Stocks and Mutual Funds.''
In his most recent CTSL newsletter (April 2, 1999), Murphy suggested an ''Internet bubble'' could
overhang the technology stocks in the near term. He advises investors to be particularly wary of the
earnings announcement from Amazon.com (Nasdaq:AMZN - news) expected on about May 19.
The danger, according to Murphy, is not that Amazon.com will report a loss -- that's a given -- but
that revenue growth may fall short of expectations. It that happens, Internet stocks could be
vulnerable to a sell-off. Technology stocks, Murphy adds, would likely join in the fall.
Murphy also says the ''D10K Barrier'' is proving difficult for the broad market to hurdle. He expects
continued ''high-level churning'' in the 9300-10300 range on the Dow Jones Industrial Average in the
near future. The lack of breadth in the stock market's recent advance is a concern. To review
Murphy's letter, go to www.ctsl.com.
Murphy's radio appearance sets the stage for Informed Investors' Tech Stocks Forum two days later
in Palo Alto. Details follow:
4th Silicon Valley Technology Stocks Forum, April 24, 1999
WHEN: 8:30 a.m.-4 p.m., Saturday, April 24, 1999
WHERE: Hyatt Rickey's, Palo Alto, CA, 4219 El Camino Real,
650/493-8000
COST TO ATTEND: $20 Prepaid; $30 At The Door
OPTIONAL LUNCHEON: $30, "The Future of E-Commerce" Special Guest
Speaker -- Mark Breier, CEO, Beyond.com (Nasdaq:BYND - news)
AUDIO TAPES: $48.95 for complete set of all presentations; $18 for
individual company or speaker tape
FOCUS: Technology Stocks
KEYNOTE SPEAKERS: Kevin Landis, Portfolio Manager, Technology Value
Fund; Rod Berry, Technology Analyst and co-Portfolio Manager,
Robertson Stephens Investment Management's "Information Age" Fund
TOPIC: "Mid-1999 Technology Stocks Outlook"
FORMAT: Analyst-style presentations from top executives of firms
followed by Q&A
AUDIOSTREAMING: To hear Forum via Internet, access details at website
PRESENTING COMPANIES
Atmel (Nasdaq:ATML - news), Lam Research (Nasdaq:LRCX - news), Genesis
Microchip (Nasdaq:GNSS - news), CFI ProServices (Nasdaq:PROI - news), Caere
Corp. (Nasdaq:CAER - news), QualMark (Nasdaq:QMRK - news), QRS Corp.
(Nasdaq:QRSI - news), Verity (Nasdaq:VRTY - news), Mercury Interactive
(Nasdaq:MERQ - news) and VISX (Nasdaq:VISX - news). Up to twelve companies will
present.
EXHIBITORS: Lucent Technologies (Nyse:LU - news), Tegal Corp. (Nasdaq:TGAL - news),
Cyberian Outpost (Nasdaq:COOL - news), EMC (Nyse:EMC - news), Credence Systems
(Nasdaq:CMOS - news), Aavid Thermal Technologies (Nasdaq:AATT - news), Actel
(Nasdaq:ACTL - news) and Syntel (Nasdaq:SYNT - news)
REGISTRATION/INFO: www.informedinvestors.com or call 800/992-4683
Contact:
Informed Investors
Steve Chanecka, Tim Quast, 916/448-8222 or 800/992-4683 |
