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

To: manimoe who wrote (81)	5/20/1998 12:44:00 PM
From: Paul van Wijk	Read Replies (1) \| Respond to of 185

Manimoe, Thanks for your response. I think you should read my response to Catlady about Smart Money. Paul

To: manimoe who wrote (81)	5/20/1998 12:56:00 PM
From: Paul van Wijk	Read Replies (1) \| Respond to of 185

Manimoe, I hope you've read my posting to CatLady. I it is not my intention to convince. But a little bit about psychology. People prefer the good news above the bad news. The IT-funds were named by ING-BARINGS as "less-risk", and needed to solve the problem. I own 2 of these stocks, these stocks rose 7 to 8% on average, you are that that the other stocks hardly dropped on bad news so far. There is a very simple economic principle; It take as much time to go from 10% market-penetration, as it takes to go from 10% to 90%. Once the 10%-level is passed we enter the rapid-growth phase. The 10%-mark is were the middle-class starts buying. Think about TV, CD, Fax, the Internet, Dell, Cisco etc. Keep this principle in mind when you try to anticipate to time a market-crash. Once we passed the 10%-level things will go fast. If I have more time I will go further into detail. It is a very important principle. It tells you something about mass-psychology. Just building up a case, With regards, Paul