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Technology Stocks : Y2k Why the stock-market will collapse within days/week

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To: Cheeky Kid who wrote (125)5/22/1998 4:27:00 PM
From: Paul van Wijk  Read Replies (1) of 185
 
My response to Kellner,

Mr. Kellner, The Hague, 22 may

I assume you don't remember me, you will probably receive dozens
of mailings day by day, so to help you a little; I'm the guy that attended you on the ING-BARINGS-report.

I first want to make you a compliment with your excellent column.
I read it with great interest and will print it out to read it
again. To absorb what you are saying because, in my opinion,
almost everything what you say makes sense.

Second, we have one thing in common. We have an open mind for what other people say, absorb it and use it to from our own opinion. Believe it or not, I preferred you column above a column that
would be a copy of the ING-BARINGS-report.

I hope you will allow me to disagree with you on some of your conclusions in your column. I don't say you are wrong, I don't
pretend I am right, I just disagree.

I will not try to convince you, but my goals are beyond money. I'm
a supporter of capitalism, I'm a realist and I like the
stock-market, especially the American. But after spending
hundreds of hours of researching on Y2k I found out that
this monster is so big that I am forced to change focus.

I have a feeling that your are not fully aware of the so called "embedded system software"-bug. Personally I'm not interested if credits-card will work, if your and my countries or companies administrative systems will function properly in jan. 2000. These things peanuts and not enough to cause severe impact on society. We will find workarounds and learn to deal with it.

But the embedded software bug is different. This is what scares
me the most. My main drivers are, and you have to believe me on
this point which not means you have to agree with me, is that I
will try to do everything I can to save and protect the lives of
the three little daughters of my sisters, and the live of the
only woman I really loved in my entire life who is living in
Rotterdam, Europe's main-port as you may know, just a few miles
away from a very large area full of chemical plants.

If you read the ING-BARINGS-report from this point of view maybe you'll notice that they qualify the process & chemical industry as high-risk areas. And I have serious reasons to believe (or at least
doubt) that both our government and top-management of all blue-chip
companies are not in control of this problem. I even have serious indications that they are not even aware of it, because our
government is hiring about 10.000 people to solve the ordinary
software-bug, which is in my opinion, as I stated before just a
minor problem compared to the embedded software-bug.

I will not bore you with all kinds of facts, or try to convince you
about the impact of Y2k. But I hope you will allow me to help you a
little if I triggered you to do some little extra research on this subject.

So I added a few links that might be of help.

Again, my compliments for your excellent column and you still have
my respect,

With regards,

Paul van Wijk


Links that could help to see what I see,

Mission-statement President Clinton on Y2k
y2k.gov

The most important one, for anyone who takes the time to
absorb it. Think back to the high-tech gulfwar, and keep in
mind that it has been stated in many press-release DoD will
be finished in 2015
(cannot find these links at this moment,
do your own research)
fcw.com

The Other 2000 Bug: Global Positioning System Hits Snag Next Year
(I don't know if you "understand" GPS, but Norman Schwarzkopf does)

abcnews.com

OUTAGE MAY BE PREVIEW OF 2000;THE SATELLITE PROBLEM
RAISED THE SPECTER OF THE SO-CALLED MILLENNIUM BUG.

web.lexis-nexis.com

Year 2000 bug threatens phone service
web.lexis-nexis.com

Regulators cannot ensure utilities will be Y2K compliant
webserv.vnunet.com

Airport computers far from ready
amcity.com

Bennett urges global effort on Year 2000 bug
He wants the issue brought up at G7 meetings
desnews.com

World leaders give vague pledge on Year 2000 issue
webserv.vnunet.com

CNN Full text of G-8 summit communiqu‚
cnn.com

G8 to take urgent action on Millennium computer bug
infoseek.com

G8 Computer Bug Plans Inadequate - Experts
infoseek.com

Y2K Contracts Reach a Record Pace As Companies Fail To Make
Deadlines

204.134.221.30:8898/ows-bin/owa/im_pak.imdecode?link=687

Pressing-clips, one of my main sources;
year2000.com
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