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Technology Stocks : Dell Technologies Inc.

DELL 124.39

-7.0%

10:40 AM EST

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To: TTOSBT who wrote (153031)	2/4/2000 11:29:00 AM
From: Lee	Read Replies (1) of 176387

TTOSBT,..Re:.correlation there is between the baby boomer's and the market's record breaking run? One good indication might be the deployment of retirement funds and the advent of 401Ks. Just released from Census yesterday are statistics on just State and local Government deployment of these retirement funds. census.gov Cash and security holdings of state and local government employee-retirement systems reached an all-time high of $1.7 trillion in 1998, up $237 billion over 1997, according to statistics released today by the Commerce Department's Census Bureau. More than $1.2 trillion was invested in nongovernmental securities --$639 billion in corporate stocks, $258 billion in corporate bonds, $195 billion in foreign and international securities and $159 billion in mortgages and other securities. Another $278 billion was held in government securities, most of it($276 billion) federal government securities. Only a small share ($91 billion)was in cash and deposits. census.gov Re:..What caused that extended bear market in the 70's and the strong energy returns? Inflation and the price of crude. stls.frb.org Cheers, Lee

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