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Analysts, Gurus & Pundits: To: +EDC (4636 ) From: +Kirk Saturday, Apr 18 1998 2
This archived discussion is "read only".
» Kirk - To: +EDC (4636 ) From: +Kirk Saturday, Apr 18 1998 2 To: +EDC (4636 )From: +Kirk Saturday, Apr 18 1998 2:15PM ET Reply # of 4642 Does anyone feel this market still has alot of upside? Maybe this will help you determine my answer 8) > Earth's Population I think Bill Gates wants to get atleast 50 of those people using computers with his OS and Office Suite.....HP will sell em a camera and a printer (and a PC), Intel will ask them to upgrade to a faster box once they get hooked, Cisco will show em how to connect their box to their neighbor's so they don't have to use the telephone, IBM will service them and someone will invent a keyboard that is easy to clean when they spill their Cokes (KO) on it. Upside? Who best to sell efficiently to the billions of people on the planet than the top 1000 companies in the USA? (thus I vote for the Schwab1000 Index Fund for simplicity and easy telephone and web trading). Will we see continued returns above 20%? I highly doubt it, but stranger things have happened. Anyway, 7 to 12% annualized returns for the near future sure beats inflation and CD interest rates. Until we have a war or major inflation, I don't really see this changing. regards
-- posted by Kirk
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