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Technology Stocks : Softbank Group Corp
SFTBY 55.26+5.2%Dec 19 9:30 AM EST

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To: Edwin S. Fujinaka who wrote (2886)12/29/1999 1:46:00 AM
From: barbie13607  Read Replies (2) of 6020
 
Tax sell offs of SFTBF -

Will most likely occur for US stockholders close to April 15th. Individual gains may make selling a portion of SFTBF holding a must for some investors. Not many US investors so I don't see this as having a great impact.

IMO - Japanese stockholders will have the greatest impact due to their selling a portion of their holding to cover their taxes. I tried to do a search to find the date Japan resident's taxes are due. I got March 15th as the date. So I see a dip closer to beginning-mid March.

Unless there are problems with Y2K, I don't think we will see great downside in January.

I'm sure there is someone out there with a better grip on this. Comments???
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