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


To: TobagoJack who wrote (1966)9/30/1999 1:15:00 AM
From: Taikun  Read Replies (1) | Respond to of 6021
 
I thought you'd be in Italy!

I agree with what you say, and it will happen in stages. US cash-strapped inets will run out of steam before their later-starting bretheren in overseas markets, likewise for real companies.

Silicon Valley will be in the history books, European banks will have made their mark stimulating the importance of gold at an inopportune time, and the internet will be a wonderful tool for everyone to use.

I love the internet because it/we can do what environmentalists tried to do for so long: decrease the impact on scarce resources. Tele-commuting, conference calls (some colleagues of mine just joined streetfusion.com which books online conference calls/videoconferencing and is just rocking) these business are more efficient because they do not need to buy scarce resources at higher and higher prices, online is cheap and relatively safe for the environment. egreen.

9984 holders will own a significant chunk of that mature i-net space.

Interesting to think that some US venture fund managers still think it too 'early' to invest in Asia. Well, 9984 is early. Just like Kleiner Perkins, who backed Netscape, Amazon, Cisco in the early days and back many venture-backed IPOs. You don't get rich joining the later-stage game in Asia, because by the time you do, 9984 will be an early-to-later stage player and will get the best terms.

Doing just fine, thank you very much.



To: TobagoJack who wrote (1966)9/30/1999 9:22:00 AM
From: Seeker of Truth  Respond to of 6021
 
In my not sufficiently humble opinion, we can forget hyperinflation. That's the scenario for a government that
promises benefits denominated in currency. The powers that
be behind the government, usually feudal landlords, or generals, don't care a bit about inflation, it doesn't affect them. In a capitalist economy only war causes hyperinflation. The powers that be are definitely harmed
by any hyperinflation so their media denounce anybody
tempted too far in that direction and they cease to provide
campaign funds to such politicians. As for the recent rise in the price of gold, it's quite evidently caused by a realization by the central bankers that they have been driving the price down by their selling so they agree in the future to sell more gradually. BUT, as the memory of the hyperinflation associated with world wars I and II, fades the banks will surely get rid of the non-interest bearing gold. It's just a question of how fast they do it. Softbank? yes. Gold ? no.