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Technology Stocks : Softbank Group Corp
SFTBY 56.10+1.5%3:59 PM EST
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To: Edwin S. Fujinaka who wrote (2805)12/24/1999 8:43:00 AM
From: Jonas1  Read Replies (1) of 6020
 
Edwin: But what about Y2K?

I think your theory is sound, but it may be overriden by a larger number of people, esp. in Japan, who are still out of the market, anticipating a Y2K meltdown. I know several of my friends fall into this category. In January, after the Y2K scare is over, I think there may be a huge influx of new buyers. So you could get seriously burned by selling now in December and hoping to rebuy cheaper in January. One advantage is the cap on Softbank, but doesn't this go up after 80,000 Yen?

Jonas
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