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Technology Stocks : Softbank Group Corp
SFTBY 76.93-5.1%Nov 5 3:59 PM EST

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To: mact who wrote (5173)6/4/2000 5:46:00 PM
From: astyanax  Read Replies (1) of 6018
 
>>mact wrote: Andrew, the 400,000Y target was Lehman's(GS was around 250,000Y i believe)...during the initial slide, both GS and Lehmans did try to support 9984 but they gave up as it was an exercise in futility...but i agree, at this level, they should be supporting this company rather aggressively!.
==
So Lehman cut the 400K pre-split target to 100K? Interesting. But yeah, it seemed all too surreal that SFTBF climbed to over $1800 per share so rapidly.

Anyway, mact, it was either you or taikun that expressed worry months ago that SFTBF didn't seem to be as aggressive with B2B or infrastructure software names. Indeed, I never understood why they dove into companies like Buy.com or more.com. On the other hand, I'm not quite sure why Interliant has performed as poorly as it has. But I hear Palm bought Anyday.com last week, I wonder if Softbank got a good cashout premium?
- Netconductor
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