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AMZN 226.41+2.6%10:15 AM EST

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To: KeepItSimple who wrote (51915)4/21/1999 3:05:00 AM
From: Da Zipstah  Read Replies (1) of 164684
 
>> Does this apply to investors in the Tokyo stock market in 1989?
(don't worry, I know you can't give an answer)<<

I CAN give an answer, and YES it does apply to investors in certain stocks, such as Sony and Honda and others incl. Softbank, which has amply rewarded its IPO investors. "Buy and Hold" investors of Japanese financial and cyclical stocks from 1989 have suffered huge losses, but more than a few Japanese stocks have appreciated considerably since the collapse of the bubble.

Aloha,

da Zipstah
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