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Technology Stocks : Softbank Group Corp
SFTBY 70.44-3.2%Nov 7 9:30 AM EST

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To: Edwin S. Fujinaka who wrote (3367)1/19/2000 5:50:00 AM
From: kai_kai  Read Replies (2) of 6018
 
Today ordered a sell of 125 shares of SFTBF at 820 Euros thus cashing in appr. US-$ 200.000 . If I don't get filled at that price by the end of January I will not bother.

Reasons are: Since SFTBF was my only position I now need to adapt the risk-structure of my "portfolio" right to increased volatility to improve my sleep. Taking quite a bit off the table at 1200 % gains tax-free, spread-free does not seem to be a bad idea. (Time will tell and I'll be happy to have been proven wrong. Timing of this baby means regretting it.) I'll have the house payed which is definitely more than I would have boldly asked for in January 1999, when my price-target for a year was US-$ 135 per share.

This means I am not bearish and sell for solely individual reasons. However, in the unlikely case that SFTBF should continue to tumble to let's say 60 k I'll be gladly get in again with 100.000 $ and use the rest for a down payment for the porch. If SFTBF continues to rise I'll just sit down and weep a little over the horses, cars, plastic surgery etc. that 've escaped me. If SFTBF hits 800k I will not complain for I am not greedy.

I might want to buy AOL at US-$ 55 'cause this is a forward looking statement.

If BOSTQ soars up to US-$ 20 by the end of the year I'll cancel my porch-party and get myself a second wive instead.

In any case, I'll sleep tight.

Winnie the Pooh said it best. "I have been foolish and deluded," he
said, "and I am a bear of no brain at all."

Good luck, Kai
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