The book provides a basic foundation for the field of steganography. Steganography essentially conceals a message within another context as opposed to cryptography which conceals the content of the messages through mathematical manipulation.
Portions of the book are interesting and informative. For persons new to cryptography, this text will provide good food-for-thought. The concise descriptions of parity bits, bit math, and compression algorithms are very interesting.
The treatment of steganography is good but does not really go into implementation details. That is, the topic is discussed conceptually.
The book was published in 1996. The dated approach is starting to show in the text. In all, it is still an interesting read.