Softbank Group Corp Message Board

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Technology Stocks : Softbank Group Corp

SFTBY 69.12

-5.0%

10:11 AM EST

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To: Edwin S. Fujinaka who wrote (3375)	1/19/2000 1:12:00 PM
From: Edwin S. Fujinaka	Read Replies (3) of 6018

It appears that yesterday's (tuesday's) US closing quote of $880 was followed by a close in Japan of around $860 and then a close this morning in Frankfurt of below $840. The current indication here in the US is only $815 bid and $835 Asked. Still we are ahead of my expectation of a month ago that Softbank would bounce around $690 until late January or early February and then begin a rise to $1000 and perhaps beyond before mid February. My expectation was derailed by a pretty spectacular rise in late December to just about the $1000 target. In my view, this current pullback is just a minor perturbation and does not deviate much from what I expect a long term moving average would show. (Does anyone have a nice link to a long term moving average chart?)

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