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Technology Stocks : Softbank Group Corp
SFTBY 81.06-8.3%Nov 4 3:59 PM EST

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To: swisstrader who wrote (4823)4/12/2000 4:38:00 PM
From: manohar kanuri  Read Replies (1) of 6018
 
Do I sense some dudgeon here? :) My take on this is a lot of institutions took their profits on some pretext or the other and not re-entering right away over the Economist/Kitao/Hikari brouhaha..... and with Son himself sitting on a big chunk, no better way to kickstart some retail interest through a wider dispersal of the float. Just a theory....after all it's spring and makes sense to get the pollen flying further afield. If you're looking beyond June I think you're doing fine -- I'm with you on the limited downside. Institutions were probably the biggest downside in all this....if I were Son I wouldn't be comfortable with a cabal of hare-brained, chicken-hearted bigwigs either. And it's sitting on it's 200dma which CMGI and ICGE aren't, having gone through theirs ....that should tell you something...what I'm not quite sure but something....
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