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Technology Stocks : Softbank Group Corp
SFTBY 76.80-5.3%10:02 AM EST

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To: TobagoJack who wrote (5352)7/6/2000 4:00:31 AM
From: Edwin S. Fujinaka  Read Replies (1) of 6018
 
So now we are down to $100. At least the new split shares are safely tucked away in some of our accounts. I suppose many people are taking the opportunity to dump the new shares. Perhaps this is what some people refer to as a "buying opportunity" <G>. I notice that I still have a small sell order in at $200/share. It did not look ridiculous when I placed it. My actual executed last sell was at $270 and I quickly followed up with a clever buy at $213. (These prices are all for the split shares.) Almost as bad as the loss of money is that feeling of stupidity that seems to engulf anyone who endures an 80%+ decline from the all time high without lifting a finger. At this point, we don't appear to have seen one of those selling climaxes yet. That is a little scary. I suppose it is time to just tuck our Softbank investment away and just look in at one or two year intervals. <G>.
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