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

To: badon518 who wrote (2547)	12/1/1999 11:48:00 PM
From: Yamakita	Read Replies (1) \| Respond to of 6021

It sounds nuts but I'm welcoming this pullback. It's not healthy for a stock to go straight up. I won't get worried till we dip below 40k ....... let all these profit takers take their winnings and move on. Meanwhile, Son is building the biggest monopoly the world has ever seen. Once a bunch of these baby companies under its umbrella get incubated (pardon the mixed metaphor), we are going to see some returns that should take us to about Cisco's level of market cap (around 300 billion), up from today's 80 bill. It's going to take a while to play out though. Sit back, have a drink, and enjoy the show. If we get a really big scary crash, I'll be picking up another 100 shares. THINK LONG TERM. Yamakita

To: badon518 who wrote (2547)	12/2/1999 12:42:00 AM
From: Seeker of Truth	Respond to of 6021

There's no special news in the Japanese press about Softbank. Other stocks usually lumped together with Softbank such as 9715 dropped more, percentage wise. This is a typical oscillation. Remember, Softbank sells for its enormous future and its underlying value, which is not as visible as a big fat dividend. Such stocks always oscillate more than the market.

To: badon518 who wrote (2547)	12/2/1999 11:22:00 AM
From: TobagoJack	Read Replies (3) \| Respond to of 6021

I am back in HK from Honolulu. The world looked fine from there on the North Shore. 9984 profit taking natural. As institutions stepped in, float is further reduced and Asia Internet mania still has two years to run yet. Most of us are sitting on silly amounts of paper gains. For those who did not buy enough, hold what you got. For those who had bought enough and now staring at a severely skewed portfolio, consider selling enough to recover original stake, so that one has the peace of mind to sit through future gyrations with detached interest.