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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: qdog who wrote (9566)	4/2/1998 6:33:00 PM
From: limtex	Read Replies (1) \| Respond to of 152472

qdog - 1. You can do it the other way and keep all your money in interest bearing secs. See what happened to those who did that over the last five years. how about their retirement plans compared to those who were in the market? How about their days in the sun, on cruises and playing golf as depicted in the adverts that are shot in a nice warm color temperature and shown regularly on TV? 2. The world has changed. Peter Arnet and the Gulf War and Vietnam were not WWII. Combined they were not even one theatre of WWII. For the last fifty years there has not been a World War and thankfully there is not one in sight. The major powers are reducing their arms budgets and standing down large parts of their forces. How many young American boys died just in the bomber division of the US Army Air Force in England in WW11? 3. Most of the World today subscribes to capitalism and communism which ruled over a great part of the world is consigned to history. These and other countries are now being built up some faster than others but all need our goods and services. 4. A large part of Europe and the US are using the growth in the markets to fund their retiement privately. US first and highest percentage, then UK (which has more private retirement savings than the whole of Europe combined) and last the Europeans. The Europeans governments have discovered something that the Brititsh found out over ten years ago ie that governements can't afford to fund their citizens retirement programms so the citizens must do it themselves. As I say the Europeans have just discovered this and have only recently started to buy. Such a beneficial simultaneous has never happened before. Its as simple as that. The old timers and I bet Mr Greenspan bought his first stock before 1970! just have their previous experience to go on. A bit like trying to find your way from La Gurdia to 50th Stand Park using a map prepared by Peter Stuyvesant. All the above just my observation and I hope for all our sakes I'm right! Thanks for your comments and regards, L