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

To: Edwin S. Fujinaka who wrote (2805)	12/24/1999 2:47:00 AM
From: Labrador	Read Replies (1) \| Respond to of 6020

>>This could apply to many of the Internet Stocks and Softbank in particular. If so, the lack of sellers in late December could result in a year end up move which may then be followed by a January drop as people begin to take gains for the next tax year. << This makes sense to me in for a U.S. holder; but how many Softbank holders are U.S. persons? Aren't most of the S* holders Japanese institutions? I thought that Japanese companies have a March year-end? I don't know the answers to these questions, just curious.

To: Edwin S. Fujinaka who wrote (2805)	12/24/1999 6:50:00 AM
From: swisstrader	Read Replies (1) \| Respond to of 6020

"...advantageous to sell some highly appreciated stocks in an IRA over the next few days and rebuy these same stocks in January." Or perhaps folks should adopt the good old fashioned values of buy and hold, which for Softbank has proven time and time again to be an addage that has real life meaning. Don't want my broker or Uncle Sam profiting from my attempts to time sells/re-entries.

To: Edwin S. Fujinaka who wrote (2805)	12/24/1999 6:58:00 AM
From: swisstrader	Read Replies (2) \| Respond to of 6020

<Up the 5000 yen limit to 77,800 Yen or $756 US equivalent> May wish to check this...my converter indicates 77,800 Yen=$765 USD, not $756...perhaps just a transposition error. Friday, December 24, 1999 1 US Dollar = 101.650 Japanese Yen 1 Japanese Yen (JPY) = 0.009838 US Dollar (USD) Median price was 101.590 / 101.650 (bid/ask). Minimum price was 101.250 / 101.330 Maximum price was 102.180 / 102.280 75% of the prices were above 101.390 / 101.460 and below 101.790 / 101.850 Computed from a sample of 2871 prices on Thursday, December 23, 1999

To: Edwin S. Fujinaka who wrote (2805)	12/24/1999 8:43:00 AM
From: Jonas1	Read Replies (1) \| Respond to of 6020

Edwin: But what about Y2K? I think your theory is sound, but it may be overriden by a larger number of people, esp. in Japan, who are still out of the market, anticipating a Y2K meltdown. I know several of my friends fall into this category. In January, after the Y2K scare is over, I think there may be a huge influx of new buyers. So you could get seriously burned by selling now in December and hoping to rebuy cheaper in January. One advantage is the cap on Softbank, but doesn't this go up after 80,000 Yen? Jonas