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To: VIPER85730 who wrote (19040)	5/25/1999 11:56:00 PM
From: rbotik	Respond to of 40688

I read something tonight that gave me an idea of how big the tidal wave coming is. It wasn't the Chinese Ministry freeing up its government owned shares of SmarTone cellular phones, or Korea's government selling 14.5 percent stake, or 45.1 million shares to overseas investors to raise $2.49 billion. No, it was what happened in Malaysia. A country with political turmoil, economic depression, announcing its Cyberjaya (Cybercity modeled after Silicon Valley) is running a year ahead of schedule and will open July 8th. All of this, as the AP reporter, Jocelyn Gecker said,"Despite a full-blown recession." "It is our ticket to the next phase of economic development. It is a must," said Mohamed Arif Nun, executive director and CEO of Multimedia Development Corp." Kind of makes our last couple of days of Tech market correction about as significant a turn down as a you-know-what on a gnat's you-know-what. I am not sure anyone is fully aware of the magnitude of what is coming.