Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.81

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Dec 26 9:30 AM EST

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To: Michael Allard who wrote (96623)	4/2/2001 7:42:02 PM
From: deth8	Read Replies (1) of 152472

From my limited perspective, it seems to me most of the baby boomers are up to their eyeballs in debt and spending well beyond their means just like most of our legislators. They create more debt then this nation has ever had before. I don't see them investing or saving much at all in terms of what they should be. It was reported on the radio about 3 years ago that 70% of the people who have credit cards carry a monthly balance. I remember that distinctly cause it blew me away. Though I say this, I do still believe there is a significant portion of funds coming in from the baby boomers out of their trendy retirement accounts to which they put back not nearly enough. Thus, while they do make contributions it is not of the caliber you would expect someone should be making. How that plays out remains to be seen and I hope I am wrong with my observations. -dEth8

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