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Technology Stocks : Softbank Group Corp
SFTBY 63.73-10.0%Nov 13 3:59 PM EST

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To: dk10438 who wrote (1322)8/15/1999 11:56:00 PM
From: Edwin S. Fujinaka  Read Replies (1) of 6020
 
Softbank does not seem to just follow the other Internet Stocks in a lock step fashion. Since April, many of the Internet Stocks are down 50% and softbank has almost doubled in that time. Softbank is no longer selling at a large discount to the value of their publicly traded portfolio, but is probably still a good value compared to the CMGI stock portfolio. I think that CMGI is a good Company, but I see Softbank as even better in comparison. I will definitely settle for a 1% gain every trading day as a long term average <G>. That's what the 300 Yen uptick you disparage amounts to.
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