Re: [CANSLIM] Boomer Babies

From: "Bill Triffet" <btriffet@earthlink.net>
Subject: Re: [CANSLIM] Boomer Babies
Date: Fri, 12 Jul 2002 11:58:56 -0700

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- ----- Original Message -----
From: <Spencer48@aol.com>
To: <canslim@lists.xmission.com>
Sent: Friday, July 12, 2002 11:30 AM
Subject: Re: [CANSLIM] Boomer Babies

> Winston and Duke:
>
>      IBD's Trend and Innovations (Page 2) of 7/11/02 confirms the belief
that
> the baby boom trend is expected to have an impact on individual stocks in
the
> market.  Here is what it said (the relevant passages):
>
>      "Doctors gave out 146 prescriptions per 100 vistis in '99.  That's up
> 34% from '85.  That trend, spurred largely by an aging population is
likely
> to result in a doubling of drug spending in the next 5 years.
Psychiatrists
> had the biggest increase in prescription rates, 117%."
>
>      To me this is surprising (the psychiatrist part), and doesn't bode
well
> for my upcoming goldie-oldie years-although, come to think of it-this may
> indicate that more drugs are now available (and are being prescribed) to
> ameliorate dementia and Alzheimers.

Hans,

I'd not be surpized by the psychiatrist part at all. I'm not sure if a
40,50, or 60+ person is any more stressed today than 100 years ago but there
are a lot more drugs for the problem. Look at deppression, OCD, and anxiety
treatments now. Drugs like Paxil, Prozac, and Buspar (sp) are VERY popular
prescriptions EVEN for the HMO's to dish out. I have several friends and
family on long term use of these drugs. It's quite the norm now. As physical
health improves so does the need for mental health. It will be interesting
20 years from now to see where it all lead us. I'd keep a close eye on these
trends.

- -Bill

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