How to Buy Technology Stocks

By Michael Gianturco

Michael Giantruco's technology stock picks in Forbes have averaged a gain of 27.6 percent per year for the last four years (1992-1995). His investment management firm, The Princeton Portfolios, has... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0316309974
• ISBN13: 9780316309974
• Release Date: October 1996
• Publisher: Little, Brown
• Length: 240 Pages
• Weight: 0.74 lbs.
• Dimensions: 9.3" x 0.6" x 6.1"

Customer Reviews

Insightful, worth getting, but not a mechanical formula

The book doesn't give too much in the way of simple formulae, but does give a lot of insight that the reader can use to help develop an investment strategy re technology. Some of it is a little dated, but I would recommend reading the whole book, not just a couple of chapters.The following (long-ish) quote from chapter 8 I regard as very profound and chapters 8 & 9 worth re-reading and ponderingh awhile: "I would avoid placing bets on any side in the compatibility wars. We have entered a period in computer technology ....... when monopolies and even profitable pricing are becoming more and more difficult to sustain....... The outcome, which is compatibility, is a foregone conclusion. favor the stocks of those companies - and they are not necessarily computer or networking companies - who recognise at the strategic level that the intersection of data and communictaions networks simultaneously creates a broad new market and a wholly new product. And that this product, which is a supernet, is coming into the world like an avalanche".I regard this as a profound insight, and is precisely what is happening on the internet at this moment. Understanding chapters 8 & 9, and reviewing the markets in its light should help considerably in understanding the current craziness of the 'net and possibly in identifying the next winners.The book isn't full of correct predictions and winners, but the basic insghts are still valid.

Great book for those who are looking into the future

the author tells you great insights into finding technology companies with a potential of laying the foundation of great networks. As far a electronic networks, they will continue to gain expandability with existence of internet. Good penetration into the market by hi-tech companies is extremelty crucial for viability and strong revenues. Future communication will be very different,and messages will have to be protected by security. Author also mentions to detect a company with protected and secured network in order to maintain high profitability. Good insights into the tech field. I am glad I bought the book. It increased my awareness of the technology and communication industry.

Surprising chapter

In the handful of new books on the subject of tech stocks, this one came out first. People quote it, argue with it, imitate it, paraphrase it and even try to attack it (see below). The author was evidently inside Compaq during their startup. He has a way of putting the reader right down on the ground in Texas on a sweltering summer night, drinking a beer with the engineers, poring over IBM's blueprints and schematics on the eve of the great clone wars. He understands at first hand why Compaq became the fastest growing company in history while their 150 competitors went right out of business. It's an important technology investing lesson. I also enjoyed a surprising chapter called Smart players, Dull winners. It says bright people have an especially hard time beating the stock market, and has some ideas about what they can do about it. The book is a primary source.

Useful, clear-sighted, often funny, probably profound

The chapter on "Networks as Money Machines" is required reading. Once you see the principle, it's obvious. The really colossal fortunes built on technologies -- railroads, airlines, power companies, telephone companies, broadcasting companies, pipelines, computer companies, and even the Roman Empire -- have all been created by their networks, not their devices. So one lesson is, ignore the technology of the device (chip, locomotive, computer, airplane, war chariot, whatever) and concentrate on the simple, underlying network, which is the money machine. This book is about how to tell -- in advance -- whether or not a network can become profitable or stay profitable. Gianturco explains what signals to look for in plenty of time for you to buy or sell their stocks. This is a breakthrough book and it is no wonder Adam Smith calls it "Definitive."

If you want the facts, this is the book for you!

If you want the facts, this is the book for you! Michael Gianturco is a genius at presenting information in a way that makes you feel like a master of the subject. Michael allows you to see the whole picture of Technology stocks and what they can offer you. I have been investing in technology stocks for a year now. After reading his book, I now have a powerful resource to help me make more money. Put it to use for you in your portfolio selection