Message-ID: <31248458.1075840331532.JavaMail.evans@thyme> Date: Fri, 18 Jan 2002 16:24:21 -0800 (PST) From: murphy@investorplace.com To: don.baughman@enron.com Subject: The Case AGAINST Tech Stocks Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Michael Murphy@InvestorPlace.com"@ENRON X-To: Baughman Jr., Don X-cc: X-bcc: X-Folder: \ExMerge - Baughman Jr., Don\Deleted Items X-Origin: BAUGHMAN-D X-FileName: don baughman 6-25-02.PST Dear Investor, People know me as a "diehard" technology investor. So it's sure to surprise many of them when I say: Most investors WON'T make a dime this year in technology stocks. That's because the old game is over. No more buying frenzy. No return to the anything-works days of 1999. And no easy-pickings. That's the BAD NEWS. The GOOD NEWS? We're already enjoying a new feast of profits that can make you 75%-to-100% RICHER by this time next year. But most investors -- sadly --will miss out. That's because the technology "boom" has passed its revolutionary stage...and turned into an EVOLUTIONARY process that will give most companies fits. Good ideas and innovation are no longer enough. Execution, size and financial strength matter MUCH more today. A ton more "great" companies with "great" technologies and "great" people will badly disappoint Wall Street in the coming months. And any investor using the OLD rules for investing in tech stocks will get creamed! YOU CAN SEE it in the old-time tech giants like Hewlett-Packard and Ericsson that are uncompetitive today. You can see it in not-for-profit business model of Amazon.com. And you can see it in all the little gee-whiz technology companies that have tumbled like bowling pins on league night. In my view, "betting on tech stocks" today is like a trip to Vegas without any of the fun. But -- and here's the good part -- you can still MAKE YOUR FORTUNE by investing in those few powerhouses that still lord above the rest in this incredibly competitive industry. In fact, since the beginning of October my entire POWERHOUSE portfolio (that's every single stock I recommend, not some made-up "best of" list) is UP 40%. How about you? Are you making money like this -- right now -- or are you missing out??? Take a look at some of the stocks my clients and I own -- and how well they're doing RIGHT NOW: *I'm sure by now you've heard of Amgen's buyout of the fast-growing biotech firm Immunex. When that deal was announced, it included a 17% premium. But we've done much better. In fact, we just sold for banked 105% GAINS in just 8-months' time. *Analysts are jumping back on the cell phone bandwagon. Why? New personal security issues; soaring sales in China; and a generational shift in technologies. Powerhouse Nokia is UP 44% since in October 1st. *We're seeing a major shift in how microchips are manufactured, thanks to the next generation of technological innovations. And that means big profits for the top contract manufacturers like Taiwan Semiconductor. We're UP 91% over the same timeframe. *Of course, security is a HUGE issue now. And many of the answers that will make our lives and businesses more secure are technology-based. Security POWERHOUSE Check Point Systems is UP 76%. *What's more, we're making money in nearly every tech sector, thanks to our laser-like selectivity. Even the beleaguered enterprise software sector has been good to us -- since the beginning of October, our stake in Peoplesoft has SOARED 116%! As you can see, we've made a TON of money already. And so, you might ask, "Is it TOO LATE for me?" No. In fact, you can match these profits in the coming months -- even beat them; but there is ONE CATCH. You must act now. YOU CAN'T afford to disregard my invitation to join Technology Investing any longer. As our recent gains prove, we are in the midst of a POTENT profit run that can make you a small fortune in 2002. But not if you just sit on your hands. Several of our stocks that have made huge moves already still have much further to run. Join me at Technology Investing, and I'll tell you which ones -- and why. Other stocks that have done little so far are on the verge of rallies that could easily DOUBLE your money from here. That's because all tech sectors WON'T come back at once. In fact, some won't come back at all. I'll help you avoid those many stocks destined to go nowhere in 2002. We'll simply move from wave to wave of profits -- for fun that lasts the entire blessed year -- instead. So please don't miss out. You'll kick yourself big- time if you miss out. Get my TOP current wealth- builders now, by accepting a 100% RISK-FREE trial subscription to my Technology Investing advisory. TAKE a full six months to measure the value of my advice for yourself. Don't like what you see...don't make the profits you want, just cancel, and your subscription doesn't cost you a dime. That's reason enough to give it a try. Because if I'm right -- and I'm staking my reputation and my own money on this call -- you can BANK 75%-to-100% gains this year alone in the top technology stocks. So take a look at Technology Investing to see what you think. Our unusual six-month guarantee of total satisfaction means my advisory costs you nothing if you don't 100% approve. Please click here to sign up now: http://www.ppi-orders.com/index.htm?promo_code=1AR227 Sincerely, Michael Murphy Technology Investing P.S. The longer you wait, the more profits you MISS OUT on. Since October 1st, our entire holdings -- not cherry-picked, the complete list -- are UP 40%. And back in 1999 -- after the last big stock market panic -- we saw what most folks were missing and piled into select tech stocks for 157% GAINS, as verified by The Hulbert Financial Digest. That's without risking a dime on the dot-com craze! While I'm not looking for an exact repeat performance in 2002, I do expect to earn 75%-to-100% PROFITS in my top tech stocks. Unfortunately, most investors will just miss out again. Don't you miss out. Go here now: http://www.ppi-orders.com/index.htm?promo_code=1AR227 ------------------------------------------------------ ACCOUNT MANAGEMENT We hope this free digest of investing advice is valuable to you. If you'd like to change your e-mail address (DON.BAUGHMAN@ENRON.COM), or unsubscribe, please do so by going to the following address: http://www.investorplace.com/unsubscribe.php Your name will be removed from our list within 7-10 working days. ------------------------------------------------------ Friday Jan 18, 2002 19:24:19