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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Hamlin who wrote (3126)	12/6/1998 7:20:00 PM
From: donkeyman	Read Replies (2) \| Respond to of 37507

Did anyone see on Saturday CBC-TV BUSINESS WORLD? It was about a 10 minute piece of pure excitement if you're involved in the stock market. They interviewed Bob Froehlich-Chief Investment Strategist Scudder. He wrote a book I think connected to Baby Boomers. He was extremely bullish. He said in the USA there are 76 million baby boomers that have not yet started saving or investing, Overlay that with the dynamics of the global market place and that 1-2 punch will take the stock market to all time highs. It will extend the bull market. He also said the P/E ratio won't matter so much because we are now in a flat inflation environment (stocks may go 50 times earnings). You can't compare earnings to when inflation was at 5,6,7, or 8%. The measuring stick has changed. Can you imagine all those baby boomers wanting to get into the stock market?