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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?


To: Hans U. Tschanz who wrote (1719)9/15/1999 3:51:00 AM
From: swisstrader  Respond to of 6020
 
More on why we'll see more and more money flowing into the likes of sftbf from strategist Alfred Kugel (Stein Roe) on the question of whether or not the bull market will continue...this is HUGE!...read carefully:

"The last honey pot is the Japanese. They now have $10 trillion in the government?s postal savings plan, which is kind of like a CD except you get it at the Post Office. A lot of that is 10-year CDs, and a particularly large part is going to roll over in the year 2000, a couple of trillion dollars worth. The rate on those 2000s is about 6 percent. You know what they are offering on a new one? Four-tenths of one percent! I?m looking for sticker shock when investors realize this. They?ll get in touch with an investment advisor, and ask what else to do with the money. Now the Japanese are very traditional, so maybe 80 percent of the money goes back in, but they will find some way to invest part of the rest elsewhere. Maybe only a little of it spills over into the U.S. stock market, but it will likely be a plus."