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Technology Stocks : Softbank Group Corp

SFTBY 50.04

-11.1%

Nov 25 3:59 PM EST

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To: Edwin S. Fujinaka who wrote (4986)	4/26/2000 8:38:00 PM
From: DlphcOracl	Read Replies (1) of 6020

It doesn't make any sense to sell SFTBF now near its lows. As an amusing aside, when I purchased my SFTBF shares last Sept./Oct, an important rationale was that I thought SFTBF would be sheltered from the mo-mo and daytraders in the U.S. and thus be less volatile than the typical U.S. internet stocks, more likely to trade on its own merits rather than market sentiment and hysteria. Not very astute on my part, I guess. My point is that SFTBF actually seems to magnify and exaggerate the sentiment toward tech stocks in the U.S. Of course, SFTBF has had to deal with its own set of problems unique to the investment community in Japan. However, my unscientific guess is that the tech bear market in the U.S. will continue throughout the summer and it will not be until October that good ol' greed overtakes fear and the tech market once again returns to favor. If this happens, SFTBF shares will not only move in sympathy but will probably move up even faster from October 2000 through February 2001. For investors looking to lighten up on their shares of SFTBF (myself included), this might be the best window of time to do so.

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