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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 (125)	5/22/1998 12:45:00 AM
From: Paul van Wijk	Read Replies (1) \| Respond to of 185

Sire, I just received the e-mail. It is not published so far. With regards, Paul van Wijk

To: Cheeky Kid who wrote (125)	5/22/1998 1:58:00 AM
From: Paul van Wijk	Read Replies (1) \| Respond to of 185

MSFT & RENO & Y2k This was one the news-wire today; Reno won't end Microsoft suit for year 2000 answer biz.yahoo.com I am writing an open letter to Mr. Gates, Mr. Allen & Mr. Balmer. I already sent them a concept-version of my letter, to give them a fair chance to response. A piece from it; You will not ignore my letter but take it for serious. You will have my full support if you do the following thing; "Microsoft will be the first company in the USA to state in an official press-release that it will fully commit itself to the Mission statement of the President of the U.S.A on Y2k". "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 Let's say it is a coincidence, but it gives me the feeling I'm thinking in the right direction. Paul van Wijk

To: Cheeky Kid who wrote (125)	5/22/1998 4:17:00 PM
From: Paul van Wijk	Respond to of 185

Sire, The article by Irwin Kellner, Chief Economist CBS-market watch cbs.marketwatch.com Especially the last paragraph is Y2k-related. Next post will be my reponse. Paul van Wijk

To: Cheeky Kid who wrote (125)	5/22/1998 4:27:00 PM
From: Paul van Wijk	Read Replies (1) \| Respond to of 185

My response to Kellner, Mr. Kellner, The Hague, 22 may I assume you don't remember me, you will probably receive dozens of mailings day by day, so to help you a little; I'm the guy that attended you on the ING-BARINGS-report. I first want to make you a compliment with your excellent column. I read it with great interest and will print it out to read it again. To absorb what you are saying because, in my opinion, almost everything what you say makes sense. Second, we have one thing in common. We have an open mind for what other people say, absorb it and use it to from our own opinion. Believe it or not, I preferred you column above a column that would be a copy of the ING-BARINGS-report. I hope you will allow me to disagree with you on some of your conclusions in your column. I don't say you are wrong, I don't pretend I am right, I just disagree. I will not try to convince you, but my goals are beyond money. I'm a supporter of capitalism, I'm a realist and I like the stock-market, especially the American. But after spending hundreds of hours of researching on Y2k I found out that this monster is so big that I am forced to change focus. I have a feeling that your are not fully aware of the so called "embedded system software"-bug. Personally I'm not interested if credits-card will work, if your and my countries or companies administrative systems will function properly in jan. 2000. These things peanuts and not enough to cause severe impact on society. We will find workarounds and learn to deal with it. But the embedded software bug is different. This is what scares me the most. My main drivers are, and you have to believe me on this point which not means you have to agree with me, is that I will try to do everything I can to save and protect the lives of the three little daughters of my sisters, and the live of the only woman I really loved in my entire life who is living in Rotterdam, Europe's main-port as you may know, just a few miles away from a very large area full of chemical plants. If you read the ING-BARINGS-report from this point of view maybe you'll notice that they qualify the process & chemical industry as high-risk areas. And I have serious reasons to believe (or at least doubt) that both our government and top-management of all blue-chip companies are not in control of this problem. I even have serious indications that they are not even aware of it, because our government is hiring about 10.000 people to solve the ordinary software-bug, which is in my opinion, as I stated before just a minor problem compared to the embedded software-bug. I will not bore you with all kinds of facts, or try to convince you about the impact of Y2k. But I hope you will allow me to help you a little if I triggered you to do some little extra research on this subject. So I added a few links that might be of help. Again, my compliments for your excellent column and you still have my respect, With regards, Paul van Wijk Links that could help to see what I see, Mission-statement President Clinton on Y2k y2k.gov The most important one, for anyone who takes the time to absorb it. Think back to the high-tech gulfwar, and keep in mind that it has been stated in many press-release DoD will be finished in 2015(cannot find these links at this moment, do your own research) fcw.com The Other 2000 Bug: Global Positioning System Hits Snag Next Year (I don't know if you "understand" GPS, but Norman Schwarzkopf does) abcnews.com OUTAGE MAY BE PREVIEW OF 2000;THE SATELLITE PROBLEM RAISED THE SPECTER OF THE SO-CALLED MILLENNIUM BUG. web.lexis-nexis.com Year 2000 bug threatens phone service web.lexis-nexis.com Regulators cannot ensure utilities will be Y2K compliant webserv.vnunet.com Airport computers far from ready amcity.com Bennett urges global effort on Year 2000 bug He wants the issue brought up at G7 meetings desnews.com World leaders give vague pledge on Year 2000 issue webserv.vnunet.com CNN Full text of G-8 summit communiqu‚ cnn.com G8 to take urgent action on Millennium computer bug infoseek.com G8 Computer Bug Plans Inadequate - Experts infoseek.com Y2K Contracts Reach a Record Pace As Companies Fail To Make Deadlines 204.134.221.30:8898/ows-bin/owa/im_pak.imdecode?link=687 Pressing-clips, one of my main sources; year2000.com