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Technology Stocks : Softbank Group Corp
SFTBY 48.69-13.5%9:30 AM EST

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To: michelda who wrote (5046)4/30/2000 12:46:00 PM
From: Edwin S. Fujinaka  Read Replies (3) of 6020
 
Congratulations on a brilliant short term move into Softbank at near it's low. I appreciated your presentation of your reasoning this time, and I pretty much agreed with you. The last week was almost exactly as you predicted. I thought that there could be a small temporary pullback if and when a "when issued" trading vehicle emerged. It should happpen shortly and it is overdue. Still, I agree with your long term prognosis although 100,000 yen before November may be more optimistic than I would care to predict. Still, it is not out of the question, especially if we have a US based trading vehicle by then. (We have to get rid of this market maker situation for US trading.) The trading volume for Softbank here in the US ought to be more like the trading volume in Japan. After all, Softbank's major investments are based on US Companies, primarily Yahoo. The creation of an active options market for Softbank (here in the US) has me salivating...
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