Softbank Group Corp Message Board

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 : Softbank Group Corp

SFTBY 72.78

-5.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Seeker of Truth who wrote (2157)	10/31/1999 4:36:00 AM
From: TobagoJack	Read Replies (3) of 6018

Finished reading Barron's. Japan's recovery appears real (good for SFTBF and bad for CMGI). An afterthought. Suppose your cost basis in CMGI is US$ 40/share (taking account of the stuff you may be forced to buy at $50 12 months hence - January 2002)and you are ultimately only willing to gamble to lose 25% of your purchase cost, and further suppose you believe there could be a BIG drop, if there is one, within 12 months, then spend $0.88/share (out of your US$ 52 premium from previously noted trades) and buy some cheap insurance for your CMGI in the form of January 2001 Put with strike price of 30 (obligating the option seller to buy your CMGI at $30 if it falls below that number. The more I think about it the more bullish I am about Japan i-net and economy, even though a tanking US can not be good for Japan though not to the extent people may believe.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next