Softbank Group Corp Message Board

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Technology Stocks : Softbank Group Corp

SFTBY 65.23

+2.4%

12:26 PM EST

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To: astyanax who wrote (1602)	9/10/1999 3:12:00 AM
From: Edwin S. Fujinaka	Read Replies (2) of 6020

Softbank Technology trades as 4726 on the Tokyo Stock Exchange. It might've been nice to get in on the original IPO, but the price is now in nosebleed territory and is somewhat risky at these levels, up 25 times above it's original planned range and even up 2 1/2 times from it's first day closing price. It makes the parent Softbank (9984) look downright conservative. (If a stock that is itself up over six times from the beginning of the year can be called conservative.) The strange thing is that the price of the parent Softbank does not feel frothy or inflated to me at these levels.

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