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Technology Stocks : Softbank Group Corp
SFTBY 81.06-8.3%Nov 4 3:59 PM EST

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To: TobagoJack who wrote (2677)12/10/1999 8:29:00 PM
From: Edwin S. Fujinaka  Read Replies (2) of 6018
 
Softbank closes on the US Market at $695 and is also up in early trading in Japan to 71,000 Yen or about $694. Perhaps those annoying discrepancies in the price in Europe, Japan and the US are going to even out. There is a certain pleasure in getting ones initial investment out of a particular situation and leaving your winnings still on the table for the long run. I think that all of us envy your early entry into Softbank and I expect that we will all still be here in two or three years marveling at how quickly Softbank has come to rival Microsoft in market cap.

If my prediction of Softbank hovering around $690 through most of December and January and then going on to over $1000 and perhaps to $1200 pans out, it will scare the hell out of me. I may become a chartist <G>. (That's what is scary.)

Tomorrow my wife takes delivery of an internet purchased Lexus RX300. The unrealized capital gains from my first buy into Softbank have funded the entire cost of a new car. Thank you Softbank <G>.
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