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[sharechat] Blue Chips..


From: "Tony Haddon" <haddon@ihug.co.nz>
Date: Tue, 21 Mar 2000 15:17:33 +1200


Here's an amusing quote from Sandford's site...
 
   The sound of blue chips hitting the floor is an invitation to throw money at them for many people. This sector of the market, now derisively called the old economy, still forms the backbone of many trading and investment portfolios. Many prices for stocks in these sectors look attractive in the same way that the stern deck of the Titanic looked attractive as the ship was sinking. It is more effective to be in a lifeboat than playing upbeat tunes with the orchestra.
   
Regards
 
Tony Haddon

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