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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Chris Anderson who wrote (44792)	4/17/1998 11:52:00 PM
From: gerard mangiardi	Read Replies (1) \| Respond to of 61433

That's true, but the point is that starting in about eight years and for each year thereafter for quite some time the funds flowing into the market from IRAs Keoughs and 401ks start drying up.

To: Chris Anderson who wrote (44792)	4/18/1998 12:27:00 AM
From: jetcityrandy	Read Replies (1) \| Respond to of 61433

Okay, so baby boomers begin to retire in 2006, midpoint of the "peak" is around 2015. What will we/they be doing with all their assets? Will they take them out of the market and bury them in the back yard. I don't know what the projected amount boomers will have (as sum total) in the market, but if they take out 7% per year, that along with other retirement funds (SSI, pension, 401K, 403B etc) it sounds to me like there is going to be a whole lot of spending going on. That spending may run the spectrum from wildly frivolous (which may be a necessity to me)spending, to just maintaining themselves with health care, health care insurance and so forth. One might expect housing to be in a slump around that time as there will be a number of boomers who don't live past 60, I could imagine real estate prices dropping. Also, fewer workers to do the tasks all the boomers were accomplishing before they retired; strong labor market, good wages. There should be a fantastic sum of dollars purchasing goods and services, (McDonalds may be a career move in 15-20 years-ha ha) which could make for a very strong economy. Relatively inexpensive housing, people spending money, good salaries. Am I being too optimistic?? I am waiting for the hammer of reality to slam down on me. Lets hear it! (Do I dare mention Congress??)