Softbank Group Corp Message Board

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Technology Stocks : Softbank Group Corp

SFTBY 77.67

-4.2%

1:12 PM EST

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To: TobagoJack who wrote (2674)	12/10/1999 1:14:00 PM
From: Edwin S. Fujinaka	Read Replies (2) of 6018

If I had bought Softbank in 1998, I think I too would have sold a little to get my initial stake out and run with the house's money <G>. This is not based on logic, but it is fun to talk about. I actually sold some calls (LEAPS) against my Gateway Computer holdings and the price of the calls on half my GTW actually covered my entire initial investment. So I am running with the house's money with GTW. Unfortunately, as things turned out, I would have been better off not selling the calls and just holding. I predict that two or three years from now you will look back and wonder why you sold that Softbank position at such a low price <G>.

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