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Technology Stocks : Softbank Group Corp
SFTBY 72.78-5.4%Nov 6 3:59 PM EST

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To: TobagoJack who wrote (2677)12/12/1999 6:12:00 PM
From: mact  Read Replies (1) of 6018
 
jay, i believe i have learned my lesson from selling sftbf back in july(since i had to buy it back $100 higher than original price)...volatile swings in price do not phase me as they once did for various reasons...i genuinely believe that 9984 is the next "microsoft", "dell" and "aol"...all i know is that most of the new ipo's i follow open up with mkt. caps near $1B, hence the hundreds of 9984's co's currently incubating have huge potential...but imo they can continue to grow at current pace only if they exploit other sectors such as B2B,telecom,e-commerce software,optical/broadband and wireless infrastructure...and lets not forget B2C(hi linda...:))...part of the reason why the US mkts have exploded over the past 5 yrs is due to collapse of other foreign mkts/economies, hence pouring foreign capital into the US mkt...with Asia's recovery, some of this money will head back to their homeland, but imo most will head towards japan...japan's economy is showing signs of a real recovery now and phase II of the world inet revolution should play out there next...when this happens, softbank will be synonymous with the internet and perhaps they will be a household name like aol and msft...if/when this occurs, perhaps we will trade near yahoo's level?...i'm banking this will happen and i'm planning on retiring 10 yrs sooner if my convictions hold true<gg>.

mact
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