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To: Jack Colton who wrote (44782)	4/17/1998 7:33:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 61433

Dow index seen hitting 35,000 in 10 years - analyst Reuters Story - April 17, 1998 18:38 %US %STX %MUNI %CORA ARIS V%REUTER P%RTR By Pierre Belec NEW YORK, April 17 (Reuters) - The greatest stock market story has yet to be told. The Dow Jones industrial average could zoom to 35,000 points in 10 years, says one expert. Sound far-fetched? Think again. Ten years ago, the world's most closely watched stock gauge stood at 2,000. This week, it closed above 9,100 for the first time. "A decade from now in 2008, the Dow's most likely target could be 35,000," said Harry Dent Jr., the San Francisco-based author of "The Roaring 2000s" (Simon & Schuster, $25) and publisher of H.S. Dent Forecast, which tracks economic and demographic trends. "It's not as crazy as it sounds because the rise would be the same average annual growth rate that the market has exhibited since the boom began in 1982," he said. Dent said the market will be driven by two predictable factors: spending by Baby Boomers, which fuels a big chunk of the economy, and the growing popularity of computers and the Internet. Stocks have climbed at least 20 percent annually for three straight years, ridF S f5891N17496960reutr u f BC-ARI-Network- BUS-US-HOT 04-17 0134 ARI Network jumps in Internet fever NEW YORK, AprilS F D RM A f5893JOB50240reutr u f BC-World-Bank-says-Asia ZA-BNK-IMF-TH-MY-JP-CN-HK-ID-LDC-EMRG-GVD-DBT-STX-FRX 04-17 0225 WorlS FQ f5896N17543340reutr u f BC-U.S.-stock-index-futu STX-US-DRV US/EF 04-17 0060 U.S. stock index futures higher in afternoon trade April 17 - U.S. stock index futures were higher in afternoon trade on continued mid-month buying. June S&Ps extended gains to 1,128.80, above 1,128.40, the right shoulder of a head-and-shoulders formation and the high from Wed's GLOBEX session. ((Chicago Derivatives Desk(312)408-8750 chicago.derivatives.newsroomreuters.com))