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

To: TobagoJack who wrote (2677)	12/10/1999 8:29:00 PM
From: Edwin S. Fujinaka	Read Replies (2) \| Respond to of 6018

Softbank closes on the US Market at $695 and is also up in early trading in Japan to 71,000 Yen or about $694. Perhaps those annoying discrepancies in the price in Europe, Japan and the US are going to even out. There is a certain pleasure in getting ones initial investment out of a particular situation and leaving your winnings still on the table for the long run. I think that all of us envy your early entry into Softbank and I expect that we will all still be here in two or three years marveling at how quickly Softbank has come to rival Microsoft in market cap. If my prediction of Softbank hovering around $690 through most of December and January and then going on to over $1000 and perhaps to $1200 pans out, it will scare the hell out of me. I may become a chartist <G>. (That's what is scary.) Tomorrow my wife takes delivery of an internet purchased Lexus RX300. The unrealized capital gains from my first buy into Softbank have funded the entire cost of a new car. Thank you Softbank <G>.

To: TobagoJack who wrote (2677)	12/12/1999 6:12:00 PM
From: mact	Read Replies (1) \| Respond to of 6018

jay, i believe i have learned my lesson from selling sftbf back in july(since i had to buy it back $100 higher than original price)...volatile swings in price do not phase me as they once did for various reasons...i genuinely believe that 9984 is the next "microsoft", "dell" and "aol"...all i know is that most of the new ipo's i follow open up with mkt. caps near $1B, hence the hundreds of 9984's co's currently incubating have huge potential...but imo they can continue to grow at current pace only if they exploit other sectors such as B2B,telecom,e-commerce software,optical/broadband and wireless infrastructure...and lets not forget B2C(hi linda...:))...part of the reason why the US mkts have exploded over the past 5 yrs is due to collapse of other foreign mkts/economies, hence pouring foreign capital into the US mkt...with Asia's recovery, some of this money will head back to their homeland, but imo most will head towards japan...japan's economy is showing signs of a real recovery now and phase II of the world inet revolution should play out there next...when this happens, softbank will be synonymous with the internet and perhaps they will be a household name like aol and msft...if/when this occurs, perhaps we will trade near yahoo's level?...i'm banking this will happen and i'm planning on retiring 10 yrs sooner if my convictions hold true<gg>. mact