Murphy Technology Screen

Michael Murphy judged technology companies on growth flow, treating research and development spending as an investment rather than a cost, and this screen gathers the pieces: R and D expenses, quarterly revenue, historical pre tax income and net income, shareholders equity and the current price.

Setting research spending against earnings shows which companies are holding down reported profit to fund the next product cycle, which is the distinction the method rests on. Sector and company name accompany each row, and every figure refreshes through MarketXLS formulas from the latest filings.