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Publisher's Letter
October 2000


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Baltimore, September 15, 2000

Dear friend,

Now that Internet stocks have lost a cumulative US$560 billion in value... now that Bill Gates alone is down US$12.1 billion... now that summer and Survivor are officially over... how can I sit here and tell you this is the healthiest moment Wall Street has seen in years?

If you already miss the days of profitless Internet IPOs... if you're hoping DrKoop.com is coming back... then maybe this final issue of Taipan's Volume 12 isn't for you.

But if you think $10-for-$1 profits in companies with real businesses, smart profit strategies and strong management sounds at all interesting... then by all means, please read on...

First, however, let's get one thing straight. Yes, the days of dot-com mania are over. And good riddance! Who needs the headaches and sleepless nights, after all?

But don't get me wrong.

Even though the mania is over... even though heart-stopping losses are behind us... and even though the bold young punks of Wall Street have finally gotten their comeuppance... your opportunity for soaring profits is just about to begin. How?

I believe that finally the hype... the weak hands... and all the false starts of the last two years have been eliminated. Wiped out.

And I believe now is the time that a new class of wealth will emerge...

Those who miss out on the opportunities... or simply don't understand them... will join the growing ranks of the disenfranchised... the out-of-touch... the New Poor. In fact, many investors will miss out. And it's too bad. Because the opportunities you'll read about here won't come our way again for a long, long time.

Yet a lot of investors — even smart investors — don't realize what they're about to miss.

You see, if there's one thing that our 12 years of investment success have proven beyond a shadow of a doubt, it's that you can always make money. There's always an opportunity in the market for you to jump on.

The bad news is that quite a few people are destined to join the ranks of America's "New Poor" in the years ahead.

A few will be the people you expect. The disenfranchised. The uneducated. Those who never did understand the shift from the Industrial to the Information Economy.

But many of the victims in the years ahead will shock you. For instance, one massive group facing terrible financial risk is made up of — surprise — middle-aged married women!

According to the General Accounting Office, a record number of women are headed for retirement with virtually no savings of their own to speak of.

You'd think they could count on the family nest egg. But think again. 80% of America's widows who are currently below the poverty line were not poor before their husbands died. The future can be cruel. If you're not prepared.

Tomorrow's elderly — and that's today's middle-aged Baby Boomers — are in danger too. Even those with savings. Why?

Think about it. Daily nursing care today tops out at around US$200. That's over US$73,000 a year. But government projections put costs at more like US$700 daily by 2020. That's over US$255,000 a year!

Who has that kind of money to burn? Not today's retirees. Average baby-boomer savings are roughly equivalent to their average credit card debt! You'll have to decide in the days to come where you're fate should fall.

The good news is, you'll have plenty of chances to decide. And plenty of opportunities to guarantee yourself and your loved ones greater investment returns for years to come.

Regardless of what happened to last year's dot-com mania, destiny hasn't changed. The future of technology — our future — has changed forever. "Irreversible" was the word Al Greenspan used.

In other words, regardless of what happens to Wall Street fads, the technological revolution is here to stay! So is the economic boom it will generate.

Two high-level analysts from financial firm Donaldson, Lufkin & Jenrette researched trend cycles back to the time of Babylon. They came to an interesting conclusion. Dot-com crash aside, our current tech revolution most resembles the early stages of the other historical shifts.

In other words — like the Industrial Revolution of the late 18th century and the electrification of the Western world in the early 20th — this revolution is still just getting started!

Even the Internet — after losing billions of Wall Street dollars — still doubles its user base three times a year... America Online still remains in the Fortune 500... and Moore's law about computers doubling in speed every 18 months still applies without fail.

In fact, it's happening even faster!

In the days to come, you'll also see a lot more people get rich. On real companies rather than pipe dreams.

Last year, you would've enjoyed no fewer than 17 triple-digit and quadruple-digit gains with the help of our service. Winners like Free Markets, up 341%... Millennium Pharmaceuticals, up 236% in 7 months... Interwoven, up 623%... MedImmune, up 274%... Optical Robotics, up 210% in 5 months... Elbit, up 405%... Akami Technologies, up 811% in just 3 months... and Red Hat, which went up an amazing 1,842%! (Some of the stocks, of course, lost some of their gains. Still, Red Hat remains up 342% since our recommendation last year!)

And just last week, James Passin called me up to report that his recommendations alone are up an average 68% for 2000.

I'm not trying to brag to you. I just want you to understand — before I show you our team's current recommendations — how you can use their advice to make money like this all over again. And just as fast and reliably.

Cordially yours,

J. Christoph Amberger
Publisher, Taipan

P.S.: We've just added a host of new features to our Internet portal at www.247profits.com — in fact, we've expanded our team of researchers whose entire job it is to provide you with updates and new insights on our website. And as a Taipan subscriber, it's yours free for the asking! Be sure to take advantage of it.




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