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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.41

-0.8%

11:41 AM EST

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To: Lynn who wrote (55592)	12/21/1999 9:40:00 PM
From: Voltaire	Read Replies (8) of 152472

I was reluctant to post this because of it's Goulish nature. There is a phenomenon that is hitting this market everyday and it is going to build and build and I never hear it mentioned, but it is one of those Dynamics that rushes out at me. They talk about the earning power of the Baby Boomers and that is very powerful but I am not so sure their earning power is equal to the enormous amount of Capital that is manifesting itself as a result of the death of our beloved Parents. This really started hitting home when I journeyed to Huntsville Ala. to bury my dad about four weeks ago. Conversation soon after, what do we do with the money? Left there to fly down and see a friend in another Southern town, Mother and Law on life support. Question of money came up again. Was hit by it again today but more subtle because of having now to take care of the Ex's mother. Now if that much money can be around me, in a four week period and you guessed it, it is all in CD type accounts, one can imagine what kind of money flow we will have from a source rarely mentioned. Voltaire

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