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Technology Stocks : Softbank Group Corp
SFTBY 70.44-3.2%Nov 7 9:30 AM EST

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To: Seeker of Truth who wrote (5119)5/22/2000 2:53:00 AM
From: TobagoJack   of 6018
 
Hi Malcolm, I mean 1987 collapse followed by 1994 drip drip drip continuous but steady bleeding. I do not think the Sony and HPs of this world are in trouble, but I do believe folks having lost greatly in one stock sector will sell down in others, and this is where the 1998 Asian collapse analogy kicks in, the feared chain reaction. My Sony is down a good chunk in the last two weeks.

The economy will not collapse in the sense that folks still need to be fed and housed, but I do not see a prayed for quick recovery in equity price. I really really hope I am wrong on this as I am not exactly positioned for a total cataclysmic collapse 1929 style. I am more positioned for a 1987 collapse, but am not relishing the prospect for a 1994 drip drip drip down either.
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