Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cheeky Kid who wrote (123)	5/22/1998 12:40:00 AM
From: Paul van Wijk	Read Replies (1) \| Respond to of 185

CBS, Irwin Keller, A few days ago I sent an e-mail to mr. Irwin Keller from CBS- market watch. Today I received this response. See my next column. ILK. >>> Paul van Wijk <pvanwijk@wxs.nl> 05/18/98 07:32pm >>> Mr. Kellner, With all my respect I cannot believe a well-respected person like you is totally denying. There is such an overwhelming amount of evidence available, only by following the main-stream press-releases at Reuters I almost believe you know more than you are saying. If not, ING BARINGS, friday released a report of the impact of Y2k-fallout on the stock-market. Almost every BLUE-chip companie, like Royal Dutch, Philips, Unilever, Heineken, AKZO etc. are not in control and beyond schedule. Holland is one of the front-runners world-wide. The scenario they presented was ABOVE AVERAGE OPTIMISTIC. Allthough the index dropped 1,5% today, while the less-risked sector stocks like It-companies rose over 7% on the news. People have became so greedy. The report is really shocking for anyone who is capable of absorbing the news. Increasing interest-rates, increasing unemployment, increasing inflation. I still doubt if you are unaware, but if you are I would suggest you do your home work on the ING-BARINGS report. There are only a few people at the exit. The rest is still fooling by denying. The problem is for real and is way beyond the so called Cobol-bugs. Ever heard of embedded-systems. These tiny little timebombs in every chemical, nuclear-plant, in satelites, the energy-supply. Our country is not in control, your control is not in control, UK is not in control is the rest of the world, I won't even think about it. Read the press-releases about the Y2k at G8. I don't want to convince you. But I hope you can understand that it is hard to believe that a well-respected man like you seems to be totally unaware of the biggest timebomb under the stock-market ever in the history of mankind. I'll hope what you are doing. With regards, Paul