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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: swisstrader who wrote (5142)5/25/2000 12:14:00 PM
From: Edwin S. Fujinaka  Read Replies (2) of 6018
 
I have to agree that yesterday's limit up move for Softbank could well just be another "head fake". It beats the steady stream of down limit days though. It is funny how with hindsight, just about all of us feel a little foolish in holding (and even adding) to our Softbank positions after a fast ten times runup. Prudence should have dictated a little selling at that point. I guess it is all part of that "irrational exuberance".

The question is: what do we do now? I am inclined to hold for the long haul (three to five years or more). After all, I've had Intel and Microsoft for over five years and I am still holding (although I made the mistake of selling some of my Intel over the last couple of years).
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