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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 148.32-3.3%Nov 14 9:30 AM EST
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To: scott_jiminez who wrote (10319)4/8/2002 11:04:04 AM
From: William Chaney  Read Replies (2) of 10921
 
Scott and SemiBear-

Although not the thread starter, "Buy when blood is running in the streets" is part of a historical quote from the Baron Guy de Rothschild, a banker and financier in Paris in the early-middle 1800's. The whole quote was something like: "Sell on the trumpets and buy when blood is running in the streets."

That referred to selling when everything looks good--when the trumpets on the city walls are announcing the return of a victorious army, and buying when things are looking their bleakest.

The application to technology investment over the past ten years is somewhat clear.

Sincerely,

Wm Chaney
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