Softbank Group Corp Message Board

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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: TobagoJack who wrote (2881)	12/28/1999 11:58:00 PM
From: Edwin S. Fujinaka	Read Replies (3) of 6018

Do I sense a little conservatism rearing it's ugly head? <G>. I think the tech stocks still have a lot of life left and they ought to do well through mid 2000 with just a minor glitch in January. That's why I have only been selling close in covered calls for January. If Softbank were listed in the US I might be selling covered calls for January expiration except that almost no Americans have held Softbank for a full year yet so there may not be much selling of Softbank because the profits are still short term and therefore taxed at a high rate. I am a little worried about a January sell off though. Hopefully it will be minor, but recent events in the market seem to be exagerated for some reason.

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