[OT] >>edwin fujinaka wrote:
Although it is impossible to ignore Michelda, I kinda like to see where our old compatriot Netconductor stands on some of these internet investments. His job at Morningstar prevents him from making formal investment recommendations, but I think he has a good eye and a pipeline to the inside in some cases. Look around SI and read between the lines from his comments. Sure, George is only 24 years old, but he did pick Softbank pretty early and he put his money where his mouth is. Much like Michelda. Look for comments on WEBM and DVIN. The former may be coming out next week as an IPO and the latter is scheduled for next month.
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Thanks Edwin. I see many of our sunshine soldiers here at the Softbank forum are locking themselves in the underground bomb shelter after the first rainstorm. Although I only have 19 shares, most of them were bought @ $202, so I?ll live, fortunately I?ve never sold.
I haven't panicked (except when it was going up above $1500), due to a multiplicity of factors, including the flood of bond $ to hit Japanese capital mkts shortly, and the fiscal year-end and I don't need to touch this money for years. And unless the SEC and its Investment Company Act of 1940 gets in the way, the eventual American listing will help.
Correct edwin, I don?t make formal investment recommendations so people should stop emailing me for advice. :) Yeah, I stuck my neck out on WEBM but that was a special case. DVIN apparently comes out in 3-5 weeks. I?m ?only? 24 years old, but that?s not too young. Yeah, fortunately I did put my money where my mouth is.
I?m surprised a 3% share dilution would precipitate a 15% share drop so there's obviously more at work here. Though the very questionable timing of a possible secondary issue must be on everyone?s minds.
SFTBF could use more cash, which is a driving reason behind their purchase of kingston technology and ZD. Unfortunately, both flopped. Particularly the latter, which was a cash burner from hell. Apparently this is why SFTBF is aggressively partnering with the likes of kmart and toys r us. Bricks and mortar companies that are total dotcom losers but could potentially generate cash faster based on strong brand names and bricks and mortar cash cows, if toys r us can get its act together.
According to Mother Nature, bears emerge from hibernation in the spring. According to Father Wall Street, summer is the season when tech bears come out of hibernation. My portfolio is overweighted in Internet, a remnant of my heady days of youth (when I was 23 last year). :) So I can't buy more unless SFTBF dips a little more. But rather than selling my net stocks with huge cap gains, I?ll probably buy ISDEX puts to hedge or something.
hey jay, didn?t you have a conditional 800,000 Yen price target (but i think you said it could crash too)? i imagine the folks @ Lehman may be in a cold sweat right now. i see goldman is being the lagging indicator, lowering their target. and i'm waiting for a 'strong sell' from warburg dillon read.
By the way, kozmo.com filed for an IPO. I knew that Starbucks and Amazon were backers, but this article mentioned that Softbank is too. This true? Interesting. Amazon and homegrocer (and Excite@Home) are part of the KPCB keiretsu and it doesn?t look like a good rollup with the Sequoia keiretsu Softbank zaibatsu (both have YHOO WBVN).
upside.com
btw, i just spent 22 minutes on hold with etrade. but i can't complain, after all, gomez advisors says they've always been the top online broker (not).
- Netconductor.com |
