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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: pass pass who wrote (44779)	3/30/2001 1:31:00 AM
From: FJB	Read Replies (1) \| Respond to of 70976

I wonder if there are statistics of amount of investment money versus age group. I don't know about that, but one statistic I heard today on CNBC said there is currently $2 trillion in money market funds(an all-time high amount). That is a lot of cabbage.

To: pass pass who wrote (44779)	3/30/2001 1:41:05 AM
From: Gottfried	Respond to of 70976

pass pass, cute dinosaur in your profile. :) You said >a meaningful rebound is at least a year away according to those CEOs, a tech new high takes even longer.< Since business fell off a cliff without warning and took all CEOs by surprise, why can't it surprise them again by picking up when they least expect it? none of us can imagine that right now. We couldn't imagine the malaise we're in half a year ago either. As for amount of investment money versus age group: the data must exist - but where? Gottfried

To: pass pass who wrote (44779)	3/30/2001 8:29:28 AM
From: Jerome	Read Replies (1) \| Respond to of 70976

The younger people can make fun of their paper loss because they may have staying power, Now that's a theory that should die a quick death. Younger folks detest losses just as much as anyone else.In fact they need the capital gains more than the older generation because they have bigger spending plans. but what about the baby-boomers who are about to retire? Are they too scared to stay in the market now? To be in the market or not to be in the market is a personal decision. There is always the money market and treasuries for investments. Most of us laughed at these suggestions a year ago. So don't laugh now. because a meaningful rebound is at least a year away according to those CEOs, I'm getting lost here. What's a meaningful rebound? Would that be CSCO from 16 to 20? Good luck, Jerome Regards, Jerome