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Technology Stocks : Softbank Group Corp
SFTBY 87.90+3.3%Oct 31 3:59 PM EST

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To: Seeker of Truth who wrote (2781)12/21/1999 11:52:00 PM
From: Jonas1  Read Replies (2) of 6018
 
Y2K and Softbank; godzilla stirring again?

My gut feeling is, that Y2K has been holding Softbank and a lot of the techs back. The marked rise in CMGI/YAHOO, etc. over the past week may mark the end of Y2K fears. And all of the money that was holding back may start to come into the market now.

Softbank has been idling while Yahoo and CMGI have almost doubled. With the new announcement today of the early completion of the high-speed Asian cable, plus the Korea announcement, I think godzilla is beginning to stir again.

Jonas
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