This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Generation X, It's Your Turn to Live in the Past

Stocks in this article: DIS CMCSA HAS LGF

NEW YORK ( TheStreet) -- In about a week, Comcast's (CMCSA) Universal unit will release the 3-D version of 1993's Jurassic Park and drive home a truth that should have been fairly evident to members of Generation X by now: You are the new baby boomers.

Marketers haven't exactly been shy about letting Gen X know this, either. Within the last year, Hollywood has released 3-D versions of Disney's (DIS) 1991 hit Beauty and The Beast and James Cameron's 1997 Kate and Leo cheesefest Titanic, continuing a trend so noteworthy that BoxOfficeMojo has dedicated an entire page to 3-D rehashes.

That's just when it isn't tearing into other totems of Gen X youth. Did you play with Hasbro's (HAS) Transformers? Yep, that movie series gets its fourth installment next year. Were you a G.I. Joe kid instead? The second installment of that series nobody asked for tore up the box office on Easter weekend. Smurfs? That sequel comes in July.

Yes, they're just movies, but that's how this kind of thing always starts. If you were to look back and try to pinpoint the exact moment the business world knew it had baby boomers eating out of the palm of their hand, you'd have to go back to Aug. 11, 1973. With the war in Vietnam still more than a year away from ending and the entire country just weary and ragged after the 1960s, in came Mr. George Lucas with a candy-wrapped bit of nostalgia about prewar cruising, rock and roll and drive-ins.

The movie American Graffiti tapped into a vein baby boomers didn't even know they still had. It was a longing for the simpler times that AMC and Lions Gate Entertainment's (LGF) Mad Men wouldn't paint as far more complicated until decades later. It was Wolfman Jack on the radio, Suzanne Somers in a Ford (F) T-Bird and an entire generation wrapped in a security blanket and tucked safely away from the draft, napalm, Agent Orange, race riots, hippies, the Black Panthers, the Weathermen, Charles Manson, grass, LSD, Woodstock, Altamont and all the rest of it. It was Hollywood and corporate America's way of saying "There, there, it's over now. We'll take it from here."

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs