RE: [CANSLIM] Boomer Babies


From: "Duke Miller" <dukemill@tampabay.rr.com>
Subject: RE: [CANSLIM] Boomer Babies
Date: Mon, 15 Jul 2002 22:05:41 -0400

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Great input guys.  

Who wants to help me put together a VC group for McShrink's?
Twenty-four-hour walk-in; we could get a clown to be our TV spokesman;
drive-thru windows; even playgrounds for those really in need! 

Duke

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Bill Triffet
Sent: Friday, July 12, 2002 2:59 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Boomer Babies



- ----- 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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