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Technology Stocks : Softbank Group Corp

SFTBY 87.91

+3.3%

Oct 31 9:30 AM EST

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To: TobagoJack who wrote (2985)	1/2/2000 10:38:00 PM
From: TobagoJack	Read Replies (2) of 6018

Update on 603. Now I am like a critter caught in the headlights, recognizing substantial gains on Golden Power (603) for one day trade (in at 18, out at 23). It is now 11:23am local time and I have only sold what 603 I bought today at open. Rolling part of proceeds into China Overseas Land (688) at HK$ 1.10/share, and awaiting rumored broadband announcement. Caveat Emptor. No work is being done in the office at all. Danger, danger. All signs of mania present. Can not get through to HK Telecom 2288 (real time stock quote) line at all. Flying blind, but flying. China Strategic (235) holds substantial PCCLF and sells at HK$ 0.45. The head of China Strategic is a master flipper when times are hot. I am not buying 235 as I draw the line somewhere. Red-chip plus Cyber-chip plus debt could prove too potent and toxic a mixture even for fast paced HK.

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