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Technology Stocks : Inktomi (INKT) -- Ignore unavailable to you. Want to Upgrade?

To: PAR who wrote (1228)	5/3/1999 8:04:00 PM
From: A T	Respond to of 1945

Hopefully for the inets, there will be some profit taking over at the cyclicals with this 11000 benchmark, and maybe some bargain hunters coming in tomorrow with the inets.

To: PAR who wrote (1228)	5/4/1999 12:17:00 AM
From: Brian1970	Respond to of 1945

How much money is left to buy internet stocks? Look at this from a longer term perspective. The research that a Paine Webber broker presented to me last week is that historically, 49 year olds are the prime investors. They are at their peak earning potential, they see retirement coming up -- it's not right around the corner, but it's not long enough to wait around and be passive either. So lots of this disposable income goes into investing. When the population shows the largest spikes of 49-50 year olds, the stock market is at its highs. Right now, one baby boomer turns 49 every 7 seconds. This has been going on for 4 years now, and will continue for the next 14 years. The baby boom generation was born over roughly 18 years. So we are 4 years into an 18 year cycle of people POURING money into investments, including... the stock market!!! So Dow 11,000 is nothing. Watch for Dow 20,000. And that won't mean leaving all the other stocks behind either. If internet stocks prove to be good longer term plays, the money will flow there too. Don't sweat it. Go for the ride. Sit back, and don't stare at the screen all day. Let it grow.