Softbank Group Corp Message Board

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Technology Stocks : Softbank Group Corp

SFTBY 55.26

+5.2%

Dec 19 3:59 PM EST

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To: badon518 who wrote (2665)	12/9/1999 4:12:00 AM
From: Edwin S. Fujinaka	Read Replies (2) of 6020

Most boards, including this one, are the most active when the stock price is soaring. I think that Softbank is currently in what is often called a "consolidation phase". Over the past year, we appear to have had four distinct rises where the stock price has risen steeply by 50% to around 110% with a small overshoot peak followed by a two month plateau. The slope of the rise seems to be getting steeper with each subsequent rise. If this pattern persists, we might expect the stock to oscillate around $690 until late January of perhaps February where we might anticipate another sharp rise to over $1000 (actually to perhaps $1200). These conjectures plus $3.50 ought to get you a cafe latte <G>.

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