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To: schrodingers_cat who wrote (114564)1/5/2001 11:46:07 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
>> people are going to think, "Even a half point cut from the Fed can't save us!! The Nas is totally screwed!!!! Sell everything!!!!!!"
<<

I sincerely hope you are wrong on this. But I really don't know. I am very comfortable with my stocks. I'm up 40% (from depressed levels) in the past 2 weeks. This week has been great. I am going to continue riding my horses until they falter.

Nothing ventured, nothing gained. Wish me luck.



To: schrodingers_cat who wrote (114564)1/5/2001 11:50:22 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
By Carl Arnheiter
Online Editor

Web Posted: January 5, 2001.

New York (January 5, 2001)—A number of recent surveys show the Baby Boomer generation to be the backbone of the e-commerce game, shifting focus from the teen set to a "greener" crowd. Though they are not yet carrying the online economy, they are a strong, growing presence with money to spend.

According to Candace Corlett, senior partner at WSL Strategic Retail, sites should "emphasize service over price. The 50-plus crowd has cash to toss around online."

Baby Boomers are "experienced shoppers," so "late packages, wrong orders, poor customer assistance and out-of-stocks are poison."

Sites themselves should be free of animated graphics and high-end technology, which are used liberally to attract a younger set. Corlett said the boomer generation could easily turn back to brick-and-mortar stores, cautioning that, "to lure the boom's leading edge, you have to promise more. Just being trendy is not much of a come-on. This group has been trend-setting for decades. Promise them an edge, a head start, an inside scoop, a tip. Now they're clicking."