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

To: Les H who wrote (41)	5/19/1998 10:57:00 AM
From: Paul van Wijk	Read Replies (1) \| Respond to of 185

Les, Thanks for responding. I truely wish you were right. But I'm afraid you were not. I will not try to convince you. The real problem is that so many are capable of seeing what is really going on. Finally your President is one of them. You don't have to believe me, but at least believe him. I don't know if you read my posting with the detailed info in the ING-Barings-report. They expect a 15%-40% decline in a ABOVE AVARAGE OPTIMISTIC scenario. I have been blind to. I work in IT-business and if you look around everything seems to be under control. The software is no longer the problem no matter how far project are behind schedule. It is the embedded software in all the energy-supply plant, the chemical plant, the nuclear plant. I will not say how big or not the problems are. But GM raised budget 10-folded after they decided to check if the plants were Y2k-compliant. The rest of the companies still have to make this step. I know there is a lot of rubbish between Y2k-stocks. But that is not what I am trying to say. We need to admit we have a very, very serious problem so we can do everything we can. Paul