Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.81

0.0%

Dec 26 9:30 AM EST

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To: deth8 who wrote (96624)	4/2/2001 9:45:30 PM
From: Drew Williams	Read Replies (1) of 152472

There was a show (Harry Dent???) on PBS a few years ago that plotted the stock market against a number of demographic factors. His point was that the economy and the stock market historically correlated with population growth at prime earnings ages. He predicted then that -- barring wars and natural disasters -- the US would see more or less continual economic growth and a rising stock market until 2017. This was based on the fact that we boomers are increasingly in our peak earning and spending years. We're buying our big houses and have to fill them with appliances and furniture and stuff. By 2017 we will be increasingly over the hill, won't need the big houses since the kids will have moved out, and there will not be as many young whippersnappers coming along to take up the slack. (We have not had as many children as our parents did -- I have one, my parents had three, my fathers parents had six.) So, said he, we can look forward to a serious recession/depression in our golden years. He may or may not be correct, but at least it seemed to be a coherent, internally consistent theory.

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