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To: LK2 who wrote (1544)3/11/1999 11:18:00 AM
From: Gottfried  Respond to of 2025
 
Larry, Ralph must be hitting the sauce: >''The Dow needs an internet stock...it is probably the one they pick if they have
to pick one,'' he said.
<

Yeah, that'll drive the DOW even higher and make us feel
even worse when DD stocks lag.<G> Why not just use a DOW
multiplier so Ralph can be proven right?

Gottfried



To: LK2 who wrote (1544)3/11/1999 11:39:00 AM
From: Yogi - Paul  Respond to of 2025
 
Larry,
<<Also, Ralphie says the >market could be at the start of a ''mega market'' lasting 12 to 15 years and reminiscent of boom markets at, for instance, the end of the First and Second World Wars.< >>
Ralph may or not be nuts but at least he's watching demographics. 12-15 years is when the baby boomers start withdrawing.
I believe I read somewhere that age 50 is when a significant percentage of people wake up and realize they better get serious about investing for their retirement years.
So, Ralph is making a straight demographic call.

Hope he's right, hope I'm all cash somewhere around 2011 (how's that for long range planning),

Yogi