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Pastimes : Ask Mohan about the Market

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To: Rational who wrote (8089)	11/16/1997 2:37:00 PM
From: Sonki	Read Replies (1) of 18056

sankar &K, i don't see retail doing well this xmas. Median u.s. populations (mainly babyboomers) are working two jobs and their only goal is to save. they infact don't have TIME to shop. u.s. populations is now diversified also. % of asians (mostly savers not spenders) with the above avrg us income are growing. typical americal family of 1960 is gone. analysts are hungry to give some advice and fear in techs due se asia leaves them w. retail and finacial services. so i see money contiune flowing into the market and thus making it even more difficult for a value investor.

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