email: editor@taipanonline.com Ive been reading an interesting book lately
one that managed to make it onto several bestseller lists, including that of the
New York Times. But while I find this book interest-
ing, I also find it wrong in many of its assumptions.
In a few minutes Ill explain what I mean. But first I
want to share with you a stock of great performance. Remember Given Imaging (GIVN:NASDAQ)?
Back in December of 2002, Taipan editorial board
member and Value Edge editor Brad Colburn intro-
duced you to a small Israeli company specializing in
capsule endoscopy. While this may just be a fancy
way of saying camera in a horse pill, there sure is
nothing pretentious about the stocks performance in
2003: When Brad made his recommendation, GIVN had only been around for
a little over a year. The stock was trading at US$9.55. As I write, just bare-
ly over a year later, GIVN has hit US$21.59. Thats not just a new 52-week
high
its an all-time high! Brad says:
You can thank a revenue increase and a firm upgrade for the 126%
gains youre sitting on. Sales of GIVNs pill-cam grew 38.9% to US$12.5
million in the fourth quarter of 2003. Total revenue increased 40.1% to
US$40.5 million. The results will be made official at the companys confer-
ence call in February. On the heels of the revenue leak, GIVN was upgrad-
ed. The upgrade sent volume jumping to top GIVNs daily average of
135,636. Hold on for more. Brad thinks theres more to come. So if you haven t taken him up on
this recommendation, heres your chance to do so now. Of course, Brads current pick is only one of many profitable recom-
mendations the Taipan Team has made over the past year. Our portfolio of
stocks produced average gains of more than 83% for readers in 2003. And
that happened regardless of market conditions. By following our Dynamic
Market Theory, you can make money in any market. Up, down, or flatline.
To the surprise and dismay of the doom-and-gloom bears, our DMT theory next
FEBRUARY 2004 VOLUME 17 ISSUE 4 This issue went to print 1-19-04. Prices and margins quoted reflect levels at this date. For your FREE daily
market updates, sign up for our FREE e-Dispatch at www.247profits.com The truth behind market
bubbles, stop losses
and profits And a chance to pick up gains of 126%
on a stock thats hitting a record high
J. Christoph Amberger