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Technology Stocks : Y2k Why the stock-market will collapse within days/week -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (34)	5/19/1998 5:33:00 AM
From: Paul van Wijk	Read Replies (2) \| Respond to of 185

MSFT,things are not what they look like "Microsoft argues the lawsuits will hurt consumers. And ultimately fail in the courts. Click for full story. But the company seems to be ignoring the widespread support for the litigation among political heavyweights. Janet Reno says the company has the market "in a chokehold." Bill Clinton says he backs the Justice Department. And the state attorneys say the action is good for consumers, and the economy." Source Anchordesk. Good for the economy, good for consumers. I don't have the link but it is a fact that all major IT-companies sent an open letter stating that the delay or stop of Windows 98 will hurt them either. All these companies have invested in the launch of the product. So I think it is fair to say that; - it is not good for the economy, break MSFT's monopoly ok, but why at this moment. Very bad timing. We all know this for years. Isn't it a better alternative to do this at another time. Not just before a launch of Windows 98 which means big investments that have been made (not only by Microsoft) will go up in smoke. Strange. - Why is this so important that so many political heavyweights are backing the lawsuits. Reno, Clinton. Strange. - It is good for the economy & the customers. Is there anyone reading this story that has not investments in MSFT, or one of the other main IT-companies like Intel, Dell, CPQ etc. We all invest in these blue chips, they all will be hurt. They even wrote it in an open letter about it to back MSFT. So the American people who have invested in these companies will be hurt, it is not good for the economy. It will cause a slowdown because we are talking of all the so-called IT-bell wethers that will be hurt. Strange Could their be another explanation. Let's assume Y2k isn't a hype like many think. I don't say it, I don't say it isn't. Let's assume it is not a hype. Let say that it is such a problem that even the President have an (under construction) homepage dedicated to the Y2k. Let's repeat his mission-statement; "The year 2000 problem is one of the great challenges of the Information Age in which we live. My Administration is committed to working with the Congress and the private sector to ensure that we minimize Year 2000-related disruptions in the lives of the American people." - President Clinton March 20, 1998 y2k.gov I believe in your president, and respect him. Especially because he is a human being like you and me. And we have a few things in common at least one, we both smoked grass in the past. (I even inhaled it, I'm dutch). If the President calls Y2k "one of the greatest challenges". He commits himself to ensure "to minimize Y2k-related disruptions in the live of American people". How can we connect these things. The shipment of Windows 98 means a great spoil of (human) resources. Not the consumers. But the whole world will start implement the product, next in line a new version of Windows NT. We all so need upgrades, faster machines, faster porcessors etc. etc. Is the world waiting for this products.Is it so important that we spoil these resources to implement these products in the next few years. Or have we better things to do at this moment. Remember, your President, the most powerfull person in the world says about Y2k that it is; one of the great challenges of the Information Age in which we live I don't say I am right. But I do agree with your President. And if I were in his position I would stop Microsoft immediatly. One way or the other. Because I also take Y2k for serious. We cannot afford new technologies, we need to stop growth, we need to do everything we can to consolidate and control the Y2k-bug! Anyhow, it is only my personal view. But I hopes it helps to paint the picture. When you see the big picture, you will also start see the "overwhelming" number of pieces that is available on the net how serious Y2k is. Here is a link where you can find the pieces, do your own research. year2000.com Paul