With Cisco saying that its order backlog is growing there are good tentative first signs that the future is getting better. But it will still be a slow dribble.
More Quotes from Jim Glickenhaus:
They have to start earning money, and that is the point when you can judge what they are worth. These companies which have lost 100 off their peaks could lose another 100 and they still wouldn't be cheap.Jim Glickenhaus
They have great products. They're going to make physical things that people will pay money to buy, that will result in earnings in real dollars.
Jim Glickenhaus
People ask and say why should I pay 30 times (earnings) for something that may grow at only 10 or 15 percent. The question is Is it as exciting as something like Texas Instruments that I believe is going to grow at 25 percent or 30 percent for the next 10 years
Jim Glickenhaus
People are so scared that one minute they feel like there's hope and the next minute they panic and sell a bit.
Jim Glickenhaus
The Nasdaq just went up too far, too fast. When anything goes up 100 percent in a year, it is too much it has to pull back. This is a normal correction, and it's a spectacular time to buy these stocks.
Jim Glickenhaus
Readers Who Like This Quotation Also Like:
Based on Topics: Future QuotesFishes live in the sea, as men do on land: the great ones eat up the little ones.
Pericles
Sometimes the biggest problem is in your head. You've got to believe you can play a shot instead of wondering where your next bad shot is coming from.
Jack Nicklaus
Anger may repast with thee for an hour, but not repose for a night; the continuance of anger is hatred, the continuance of hatred turns malice.
Francis Quarles