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To: JDN who wrote (8997)1/16/1998 3:34:00 PM
From: John Mansfield  Read Replies (2) | Respond to of 31646
 
Re: '...This OUGHT to be the hottest sector in stocks for 1997'
Dear JDN,

I am baffled the way you are! I cannot talk for the US; only for Europe. I see the following standing in the way, among many other obstacles:

- Euro takes a lot of attention away from y2k

- many interests of suppliers; e.g. for stock value

- political interests not to stir things up too much

- elections in several countries take a lot of attention (e.g. Germany)

- underestimation of the general awareness at highest levels in politics and enterprises

- something like 95 % of the information spreaded (internet, TV, papers is in english. Contrary to what most US and UK people, english is not the world language that everybody understands. It just takes time to translate etc; a lot of filtering takes place when you do not read the real source of the information; older CEO's, politicians in most larger european countries do not really read/understand english that well, and consequently only read in their native language.

- IT companies understand best. But they are still seen as 'hyping' the thing. Many people think that they are hyping to increase profits.

Regards,

John



To: JDN who wrote (8997)1/16/1998 3:59:00 PM
From: Don Hutchinson  Read Replies (1) | Respond to of 31646
 
JDN,

Remember Zitel last year? 10 to 160 all on hype. And look where they
are today . . . 9 or so. That was an incredible hype story and at the
time, the market BELIEVED the gloom and doom of Y2K (yes, I know that
Z is info sys related and not chip stuff but its all Y2K to the
market) The market says today: 'show-me-the-money time you Y2K-people
and then I'll believe you. And even beyond that, show me very clear
earning power past 2000. And then, I'll THINK about believing you.'
Skepticism prevails. IMHO, that's why they languish.

Don