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Technology Stocks : Softbank Group Corp
SFTBY 76.93-5.1%Nov 5 3:59 PM EST

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To: TobagoJack who wrote (3039)1/4/2000 2:04:00 PM
From: Edwin S. Fujinaka  Read Replies (2) of 6018
 
Softbank closed at 900 Euros in Frankfurt this morning, down 50 Euros. That is equivalent to about $926 US. A Schwab Global Desk Broker quoted me a price of $900 Bid and $920 Asked for a quote that he estimated was within the last hour (it could well have been older). Both Frankfurt and the US are down form the last Tokyo quote of over $1000 US.

Given the flood of orders that some reported at the close last night in Japan and a new limit range for Softbank trades, tonight's Tokyo trading could be explosive on the upside compared to the current US trading range. This appears to be a dynamite buying opportunity for Softbank in the US at $920 asked (if that is still in effect).

Is this interesting or what? <G>.
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