Investors should never buy a tech stock solely on the hope that it will be bought at a higher price.
More Quotes from John Rutledge:
Expectations have been awfully high on the chip equipment stocks. Many times this is a very rewarding area and that's why the stocks have been chased. But we need to see some stronger end demand.John Rutledge
HP would benefit from a services acquisition. It's a great entre for additional business,
John Rutledge
For the first couple of months of the year, tech stocks were trading more on hope than anything else, ... But as the year progresses, it is starting to appear that the hope was not justified.
John Rutledge
We want to help some of the non-profit groups in our community,
John Rutledge
Currency was a big help there. It's hard to get excited about revenues. Three percent growth is not much to shout about.
John Rutledge
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Based on Topics: Hope QuotesHe who hath many friends hath none.
Aristotle
In doing what we ought we deserve no praise, because it is our duty.
Saint Aurelius Augustine
I have a great family, I live an amazing life.
John Oates