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To: Hawkmoon who wrote (51973)4/27/2000 4:12:00 AM
From: GST  Respond to of 116759
 
Ron: point taken, but I have a question about this <On the other hand, the rest of the world needs what we have with regard to IT know-how and technology> The US runs a trade deficit in high tech. I am not so sure US technology is as pre-eminent as you imply.



To: Hawkmoon who wrote (51973)4/27/2000 10:40:00 AM
From: LLCF  Read Replies (1) | Respond to of 116759
 
<That will continue to be invested in equities (since that is the current mindset and where the growth is) quarter after quarter until the boomers decide protecting their gains is more important that making gains. (interesting point is that retirees can now work after retirement and make what they want without incurring penalties).>

So I hear you saying that people will invest in equities until they decide not to?

DAK


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