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Rating: 
Summary: The author did very poorly for his own mutual funds!
Review: I have been working in the high tech field for 15 years and must admit I didn't do a great deal of investing in it. I feel so STUPID now, after reading Murphy's book. If only I had sat down and thought through some of the facts. So much of what he says I knew was true, but his genius is in what he does with the basic facts. I am convinced here lies great wealth. Growth flow and how it considers R&D spending is so simple, and like so many simple thoughts, very powerful. I hesitate to say too much, because in one sense I don't want to let the word out, but it already is. So my advice is to read it!I can't say enough good things about this book. I have an MBA from a well recognized business school and this is simply the best book on investing I have ever read , and I've read a few. A must read for anyone who wants to be in charge of their investing destiny well into the next century. Buy, borrow or relieve someone you know of this book!
Rating: 
Summary: Okay, but nothing new here!
Review: I'm kind of scratching my head here, wondering if I read the same book as all the five star reviewers. I wanted a bit more of a discussion on risk, I wanted more on how the money he runs has been performing, and a bit more rigor on the decisions as to choose stocks. However, I did like the opening chapter, and the discussion on convertible bonds for high-tech companies, even though both could have done with a little more "meat" also. Good for the novice, but anyone with a bit more experience will be frustrated.
Rating:
Summary: Okay, but nothing new here!
Review: I'm kind of scratching my head here, wondering if I read the same book as all the five star reviewers. I wanted a bit more of a discussion on risk, I wanted more on how the money he runs has been performing, and a bit more rigor on the decisions as to choose stocks. However, I did like the opening chapter, and the discussion on convertible bonds for high-tech companies, even though both could have done with a little more "meat" also. Good for the novice, but anyone with a bit more experience will be frustrated.
Rating: 
Summary: At last I understand technology
Review: I've been working in computer R&D since the late 60's. I was jealous of friends who paid for their Silicon Valley houses using investments in Hi-Tech. The field just seemed too confusing and too volatile. Now it's like the gold rush of 1849 and even crazier. I found Murphy after a search of Amazon.com and what a great book! He explains the industry and it all fit together with what I knew from experience. A subscription to Murphy's California Technology Stock Letter resulted in a 97.9% increase in my portfolio for 1999 with half of it invested in index stocks. Note that none of the Hi-Tech picks were in internet stocks. (Murphy performs detailed fundamental analysis and believes in value. Only recently has he added any internet stocks.) Note that he concentrates on the Western USA since he insists on face to face discussions with the CEO before making a recommendation. Some complain that Murphy doesn't understand biotech - well his biotech picks are hot now. Others say look at his mutual funds - a fair complaint in 1998 but 1999 his technology fund was up 97%. So if you want to understand the Hi-Tech and Bio-Tech industries you have to read Murphy.
Rating:
Summary: No Guide or Strategy here
Review: Some explanation about high tech sectors. Then some fundementals used to evaluate companys. This book is a waste of time and money. Dont buy it because of its attractive title.
Rating:
Summary: No Guide or Strategy here
Review: This book makes so much sense. Murphy points out the indicators that our society and economy are undergoing fundamental changes, as significant as the evolution from a hunter-gather society to agricultural; agricultural to industrial; industrial to commercial; and now it's commercial to informational/high-tech. Even if you weren't interested in his investing advice, this book would be worth reading for enjoyment, and to educate yourself about the developments that are going on in our society in technology and biotechnology. But once you read this book, you'll find yourself unable to resist taking Murphy's advice on investing. Who wouldn't want to do just what he says after he tells you the inside scoop (Wall Street is underestimating the potential because they're so far removed from where the action is) that is practically guaranteed to make you a lot of money (just look at the indicators around you!)? After reading it, I subscribed to his newsletter and check his web site daily (www.techinvestingonline.com), and I follow his advice. I've certainly joined the Mike Murphy cult, even though I recognize that his writing is a bit sensationalist...I can't not believe that what he's saying is true.
Rating: 
Summary: Good Teck Stock Book
Review: This is a well-organized and insightful book on technology stocks and how to invest in them. Murphy's thesis is that R&D is what makes tech companies unique, and he adjusts P/E's for R&D for what he calls "growth flow". BioTech stocks are rated by an "M" score that compares the stock price to the amount of R&D per share. Coverage of mutual funds is sparse; this is really a stock-investing book. I have also read Ginaturco's "How to Buy Technology Stocks" book; Murphy's book is much more specific both about the technology and his stock-selection methods. While Gianturco is qualitative, Murphy is quantitative and more thorough.
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