Softbank Group Corp Message Board

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Technology Stocks : Softbank Group Corp

SFTBY 75.17

-2.3%

10:02 AM EST

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To: Seeker of Truth who wrote (4235)	3/6/2000 4:58:00 AM
From: Edwin S. Fujinaka	Read Replies (1) of 6018

For the record, the Tokyo close for Softbank (9984) was at $1089 or down around 16%. (Actual close in Yen was 117,000 down 22,000 yen.) For some reason, I can't seem to get my usual Frankfurt quote, but someone on Raging Bull posted a 20% decline there in early trading. I tend to agree that we can look forward to many positive developments for the Company over the next few months. Perhaps it is because some of the biggest developments are already visible to traders that some people believe that some profit taking is in order (Nasdaq Japan and the Wireless ISP for example). I continue to believe that it is hard to trade Softbank from here in the US so I will continue to hold as a long term investment. It looks like we may have to wait a while to see Son pass Gates as the richest man on the Planet (I'll still be surprised if we have to wait past June.)

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