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To: Paul van Wijk who wrote (42543)5/16/1998 10:23:00 AM
From: J. P.  Read Replies (1) | Respond to of 176387
 
<About the coming world-wide crash>

You, sir, are an ass.

We may have a short term correction, or a 10% - 15% dip.
But please don't confuse that with a crash. The advent
of computer technology has created one of the greatest
economic booms since the industrial evolution. And we
have not even begun to unleash the potential of the internet.
I think we'll see a DOW 20,000+ and quicker than you might
think.

Microsoft took the lead in market cap over GM, T, Dupont,
and all the old guard leaders from a standing start in only about
20 years. And what do they make? Little 1's and 0's on pieces
of plastic! Who knows? The leaders in market cap in the next
20 years may be companies like AOL and Yahoo which control
the flow of information.

P.S. The Y2K will only be a blip on the screen. Sure we may have
a shakeout for a few weeks in January 2000, but I don't think
it'll have any profound effects on the economy.



To: Paul van Wijk who wrote (42543)5/16/1998 5:27:00 PM
From: Mohan Marette  Respond to of 176387
 
OT+++++OT -Oh there is your problem Paul.

..and that is, you seem to have too much faith 'in your world leaders', that there is the problem, where are as a lot us have more faith in free enterprise than those 'idiots'.<VBG>

You said: Sorry, I forgot to warn you. Read this;

It is very simple. Worldwide, including our leaders in whom
we have so many faith, we are making one big mistake;..



To: Paul van Wijk who wrote (42543)5/17/1998 7:02:00 PM
From: K. M. Strickler  Respond to of 176387
 
PvW,

You are correct about the Y2K problem, however, its total effect is really an 'unknown'. Only History will be able to report 'after the fact' how severe the problem 'was'!

After stating the potential effects of the Y2K problem, remember that it is a perceptive problem. If you believe that there will be a 'collapse', exit the market whenever you desire! Those that don't perceive the problem as you, will remain until THEY decide to do differently.

'Name Calling' of an individual due to their position, IMHO, is counterproductive, be it Y2K, BEARs or BULLs.

Regards,

Ken