To: Eric who wrote (11488 ) 1/10/1998 12:56:00 PM From: Zoltan! Read Replies (1) | Respond to of 77400
Remember my reply to that middle brow non savant who thought our economic situation was like Japanexchange2000.com To: +j g cordes (http://www.exchange2000.com/~wsapi/investor/reply-1406240 ) From: +Duncan Idaho Thursday, May 15 1997 12:15AM EST Reply # of 11488 Demographic mega trends ("destiny") are too powerful to discount so easily. Just as your being able to understand the "thesis" doesn't make it either "simplistic" or wrong. If you had anything more than a superficial understanding of what happened in Japan you would know that the current U.S. situation is not analogous, structurally or societally. You write more like someone who subscibes to a newsletter like "Strategic Investment" and then parrots "the end is near" screed. It sells newsletters but has been pitifully poor investment advice. The market indeed will not go straight up. However, individual issues, backed by strong fundamentals, like Cisco, should continue to do extremely well over time. That knowledge and ample diversification give me peace of mind. You are no Cassandra. Regards ______________________________________________________________________ Barrons todayinteractive.wsj.com Demography is Destiny - How the Stock Market Will be Buoyed by Aging Baby Boomers Whatever you may conclude about stock prices or economic growth or interest rates, the plain fact is that the Baby Boomers haven't finished putting money into stocks, not by a long shot. Mindful of the need to save for retirement, they can be counted on to pour ever-greater mountains of cash into stocks for the next ten years.... andGood News Through 2008 interactive.wsj.com Good articles both. And the more events play out, the more silly Cordes will look. Indeed he was no Cassandra (she was always right - but destined to be disbelieved!), merely a Chicken Little. Nice perspective considering last week. Regards